Crude Oil: Crude continues to trade lower in the morning session

Posted on February 3, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 0.53% against the USD for the period ending 21:00GMT, closing at 97.47, as the greenback strengthened. In the Asian session, at GMT0400, Crude Oil is trading at 97.11, 0.37% lower from … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading below its MA’s

Posted on February 3, 2014 by GCI Financial

Silver Movement On Friday, Silver prices declined 0.11% to USD19.17 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0400, Silver is trading at 19.10, 0.38% lower from Friday’s close. Silver is expected to find support at … Continue reading →

Posted in Silver | Comments Off

Gold: Precious metal tad higher in the Asian session

Posted on February 3, 2014 by GCI Financial

Gold Movement On Friday Gold prices traded lower by 0.08% against the USD in the period ending 21:00GMT, at 1243.70 per ounce, hurt by a stronger US Dollar. In the Asian session, at GMT0400, Gold is trading at 1244.22, marginally … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil tad higher this morning

Posted on January 31, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.61% against the USD for the 24 hour period ending 23:00GMT, closing at 97.99, amid an encouraging economic growth data from the US, even as the greenback strengthened against its key peer currencies … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal continues to suffer losses in the Asian session

Posted on January 31, 2014 by GCI Financial

Silver Movement Silver prices declined 2.66% to the USD 19.19 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 19.17, 0.09% lower from yesterday’s close. Silver is expected to find support … Continue reading →

Posted in Silver | Comments Off

Gold: Gold fell as strong US GDP data boosted demand for US dollar

Posted on January 31, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 1.75% against the USD in the 24 hour period ending 23:00GMT, at 1244.70 per ounce, as the greenback strengthened broadly, after the government data revealed that the US economy expanded in Q4. In … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Crude Oil continues to trade higher today

Posted on January 30, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.25% against the USD for the 24 hour period ending 23:00GMT, closing at 97.40. Yesterday, the Energy Information Administration reported that the US crude oil inventories jumped 6.4 million barrels for the week … Continue reading →

Posted in Crude Oil | Comments Off

Silver: Silver trading below its MA’s

Posted on January 30, 2014 by GCI Financial

Silver Movement Silver prices rose 1.05% to the USD 19.72 per ounce during the 24 hours ending 23:00GMT, tracking gains of the yellow metal. In the Asian session, at GMT0400, Silver is trading at 19.54, 0.88% lower from yesterday’s close. … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading lower this morning

Posted on January 30, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 1.33% against the USD in the 24 hour period ending 23:00GMT, at 1266.85 per ounce, on safe haven demand from investors amid an ongoing turmoil in emerging markets. Earlier, India, Turkey and South … Continue reading →

Posted in Gold | Comments Off

Crude Oil: API reports rise in US crude stockpiles

Posted on January 29, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.58% against the USD for the 24 hour period ending 23:00GMT, closing at 97.16, after robust US consumer confidence data lifted demand growth prospects for oil. However, gains were capped after the American … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal reverses its losses this morning

Posted on January 29, 2014 by GCI Financial

Silver Movement Silver prices declined 0.93% to the USD 19.51 per ounce during the 24 hours ending 23:00GMT, amid investors’ focus on Fed announcement. In the Asian session, at GMT0400, Silver is trading at 19.58, 0.38% higher from yesterday’s close. … Continue reading →

Posted in Silver | Comments Off