Gold: Yellow metal continues to trade higher amid strong demand for safe-haven assets

Posted on March 17, 2014 by GCI Financial

Gold Movement On Friday Gold prices traded higher by 0.64% against the USD in the period ending 21:00GMT, at 1382.23 per ounce, as lingering tensions in Ukraine and a weaker US Dollar bolstered the demand prospect of the safe-haven metal. … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Crude trading tad higher in the morning session

Posted on March 14, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices marginally advanced against the USD for the 24 hour period ending 23:00GMT, closing at 98.14, amid lingering concerns on Ukraine crisis. Meanwhile crude prices were supported after upbeat data from the US raised expectations … Continue reading →

Posted in Crude Oil | Comments Off

Silver: Silver extends its fall in the Asian trading session

Posted on March 14, 2014 by GCI Financial

Silver Movement Silver prices declined 0.19% to USD 21.24 per ounce during the 24 hours ending 23:00GMT, amid a strong US Dollar following strong US retail sales and jobless claims data. In the Asian session, at GMT0400, Silver is trading … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal loses some of its shine in the morning session

Posted on March 14, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.53% against the USD in the 24 hour period ending 23:00GMT, at 1373.47 per ounce, as tensions in Ukraine and the latest batch of downbeat Chinese economic data spurred demand for safe-haven assets. … Continue reading →

Posted in Gold | Comments Off

Crude Oil: EIA reported a more than expected rise in the US weekly crude supplies last week

Posted on March 13, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.35% against the USD for the 24 hour period ending 23:00GMT, closing at 98.13, after the Energy Information Administration (EIA) reported a 6.2 million barrels jump in the US crude stockpiles for the … Continue reading →

Posted in Crude Oil | Comments Off

Silver: Silver continues to trade higher in the morning session

Posted on March 13, 2014 by GCI Financial

Silver Movement Silver prices rose 1.80% to USD 21.28 per ounce during the 24 hours ending 23:00GMT, amid strong preference for safe-haven assets. In the Asian session, at GMT0400, Silver is trading at 21.38, 0.50% higher from yesterday’s close. Silver … Continue reading →

Posted in Silver | Comments Off

Gold: Precious metal extends its gain in the Asian session

Posted on March 13, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 1.39% against the USD in the 24 hour period ending 23:00GMT, at 1366.32 per ounce, as tension over Ukraine crisis escalated, following which the yellow metal’s safe haven appeal rose. Meanwhile, assets in … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Crude trading tad higher ahead of EIA weekly crude stockpiles data

Posted on March 12, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.46% against the USD for the 24 hour period ending 23:00GMT, closing at 99.48 after the American Petroleum Institute (API) reported 2.63 million barrels rise in the US crude inventories for the week … Continue reading →

Posted in Crude Oil | Comments Off

Silver: Silver extends its gains in the Asian trading hours

Posted on March 12, 2014 by GCI Financial

Silver Movement Silver prices rose 0.21% to USD 20.90 per ounce during the 24 hours ending 23:00GMT, taking cues from gold as well as mirroring broad gains in the prices of industrial metals. In the Asian session, at GMT0400, Silver … Continue reading →

Posted in Silver | Comments Off

Gold: Precious metal continues to shine in the Asian session

Posted on March 12, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.53% against the USD in the 24 hour period ending 23:00GMT, at 1347.70 per ounce, as lingering concerns over China’s economic growth and continued tensions in Ukraine spurred demand for safe-haven assets. Positive … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Crude trading higher ahead of weekly US supplies data

Posted on March 11, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.49% against the USD for the 24 hour period ending 23:00GMT, closing at 100.94, after a dismal Chinese trade balance data fuelled fresh concerns on the demand prospect of the commodity. However, losses … Continue reading →

Posted in Crude Oil | Comments Off