Gold: Precious metal trading lower in the Asian trading hours

Posted on February 13, 2014 by GCI Financial

Gold Movement Gold prices traded marginally higher against the USD in the 24 hour period ending 23:00GMT, at 1290.79 per ounce. However, the gains in the yellow metal were capped after the US Dollar strengthened following a hawkish tone from … Continue reading →

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Crude Oil: EIA lowered its crude production projection for 2014 and 2015

Posted on February 12, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.34% against the USD for the 24 hour period ending 23:00GMT, closing at 100.40, after the Energy Information Administration (EIA) slashed its 2014 crude oil production forecast by 100,000 barrels per day to … Continue reading →

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Silver: White metal trading lower, following yesterday’s gain

Posted on February 12, 2014 by GCI Financial

Silver Movement Silver prices rose 0.64% to USD 20.21 per ounce during the 24 hours ending 23:00GMT, taking cues from gains in gold prices. In the Asian session, at GMT0400, Silver is trading at 20.13, 0.43% lower from yesterday’s close. … Continue reading →

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Gold: Precious metal reverses its direction in the Asian trading hours

Posted on February 12, 2014 by GCI Financial

Gold Movement Gold prices finished 1.27% higher against the USD in the 24 hour period ending 23:00GMT, at 1290.49 per ounce, as traders favoured the safe-haven metal following downbeat comments about the recovery in the US labour market from the … Continue reading →

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Crude Oil: Crude reverses its direction in the Asian trading hours

Posted on February 11, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.25% against the USD for the 24 hour period ending 23:00GMT, closing at 100.06. An industry report showed that oil production from the Organization of the Petroleum Exporting Countries (OPEC) edged higher in … Continue reading →

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

Posted on February 11, 2014 by GCI Financial

Silver Movement Silver prices rose 0.10% to USD20.08 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0400, Silver is trading at 20.13, 0.25% higher from yesterday’s close. Silver is expected … Continue reading →

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Gold: Yellow metal extends its winning streak in the Asian session

Posted on February 11, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.37% against the USD in the 24 hour period ending 23:00GMT, at 1274.36 per ounce. In the Asian session, at GMT0400, Gold is trading at 1283.21, 0.69% higher from yesterday’s close, ahead of … Continue reading →

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Crude Oil: Crude pares gains in the Asian session

Posted on February 10, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices rallied 2.08% against the USD for the period ending 21:00GMT, closing at 99.95, after a decline in the US unemployment level to a five year low, renewed optimism about the recovery of … Continue reading →

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Silver: White metal trading steady in the Asian trading hours

Posted on February 10, 2014 by GCI Financial

Silver Movement On Friday, Silver prices rose 0.45% to USD20.04 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0400, Silver is trading at 20.04, flat from Friday’s close. Silver is expected to find support at 19.84, … Continue reading →

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Gold: Yellow metal extends its gains in the morning session

Posted on February 10, 2014 by GCI Financial

Gold Movement On Friday Gold prices traded higher by 0.87% against the USD in the period ending 21:00GMT, at 1268.15 per ounce, after disappointing US labour market data, raised speculations that the slowing economic outlook would force the Federal Reserve … Continue reading →

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Crude Oil: Crude trading lower this morning, following yesterday’s rise

Posted on February 7, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.56% against the USD for the 24 hour period ending 23:00GMT, closing at 97.91, as the latest batch of upbeat economic data from the US bolstered the demand outlook of the commodity in … Continue reading →

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