Silver: Silver extends its gains in the Asian session

Posted on March 11, 2014 by GCI Financial

Silver Movement Silver prices rose marginally to USD20.86 per ounce during the 24 hours ending 23:00GMT, amid strong demand for safe-haven assets. However, a fall in the prices of industrial metals capped the gains in the commodity. In the Asian … Continue reading →

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Gold: Precious metal continues to trade higher amid escalating Ukraine tensions

Posted on March 11, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.14% against the USD in the 24 hour period ending 23:00GMT, at 1340.55 per ounce, as demand for safe-haven assets rose after media reports showed that Russian troops opened fire at Ukrainian military … Continue reading →

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Crude Oil: Crude reverses its direction in the Asian session

Posted on March 10, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices advanced 0.75% against the USD for the period ending 21:00GMT, closing at 102.55, as lingering concerns over Ukraine supported the prices of the commodity. In the Asian session, at GMT0400, Crude Oil … Continue reading →

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Silver: White metal trading lower in the morning session

Posted on March 10, 2014 by GCI Financial

Silver Movement On Friday, Silver prices declined 2.55% to USD20.92 per ounce during the period ending 21:00GMT, after an upbeat US jobs data weighed on the demand prospect of safe-haven assets. Meanwhile, a fall in the prices of industrial metals … Continue reading →

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Gold: Yellow metal continues to trade lower in the Asian trading hours

Posted on March 10, 2014 by GCI Financial

Gold Movement On Friday Gold prices traded lower by 0.70% against the USD in the period ending 21:00GMT, at 1340.28 per ounce, as demand for safe-haven assets declined after a better-than-expected US non-farm payrolls data renewed optimism on the growth-outlook … Continue reading →

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Crude Oil: Crude trading steady in the Asian trading hours

Posted on March 7, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.78% against the USD for the 24 hour period ending 23:00GMT, closing at 101.79, buoyed by a weakness in the US Dollar against most of its major peers. Oil prices also benefited from … Continue reading →

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Silver: White metal continues to trade higher in the morning session

Posted on March 7, 2014 by GCI Financial

Silver Movement Silver prices rose 1.26% to USD 21.47 per ounce during the 24 hours ending 23:00GMT, tracking gains in the prices of gold. In the Asian session, at GMT0400, Silver is trading at 21.49, 0.10% higher from yesterday’s close. … Continue reading →

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Gold: Yellow metal trading above its MA’s

Posted on March 7, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.95% against the USD in the 24 hour period ending 23:00GMT, at 1349.68 per ounce, as the European Central Bank (ECB) Chief, Mario Draghi’s projection for a gradual rise in the Euro-zone’s inflation … Continue reading →

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Crude Oil: EIA reported 1.4 million barrels rise in the US crude supplies

Posted on March 6, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.15% against the USD for the 24 hour period ending 23:00GMT, closing at 101.00 after the Energy Information Administration (EIA) reported 1.4 million barrels rise in the weekly US crude inventories for the … Continue reading →

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Silver: White metal continues to trade higher in the morning session

Posted on March 6, 2014 by GCI Financial

Silver Movement Silver prices rose 0.14% to USD 21.20 per ounce during the 24 hours ending 23:00GMT, mirroring gains in the price of industrial metals. In the Asian session, at GMT0400, Silver is trading at 21.22, 0.08% higher from yesterday’s … Continue reading →

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Gold: Yellow metal extends gains in the Asian session

Posted on March 6, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.17% against the USD in the 24 hour period ending 23:00GMT, at 1337.00 per ounce, as soft US service PMI and private-sector employment data bolstered the safe-haven appeal of the metal. In the … Continue reading →

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