Crude Oil: Oil trading higher, ahead of EIA’s weekly crude oil stockpiles data

Posted on July 22, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.36% against the USD and closed at USD41.61 per barrel, after the European Union agreed on a stimulus aid package worth €750 billion to aid recovery. In … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on July 22, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 11.08% against the USD and closed at USD22.61 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 22.64, with silver … Continue reading →

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Gold: Yellow metal extends its gains in the morning session

Posted on July 22, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 1.29% against the USD and closed at USD1842.50 per ounce, amid weakness in the US Dollar and hopes for further stimulus by the US government. In the Asian session, … Continue reading →

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Crude Oil: Oil trading higher, ahead of API’s weekly crude oil inventories data

Posted on July 21, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.82% against the USD and closed at USD40.65 per barrel, as optimism over the development of a potential coronavirus vaccine offset concerns over energy demand. In the … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on July 21, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 3.46% against the USD and closed at USD20.35 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 20.41, with silver … Continue reading →

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Gold: Yellow metal reverses its gains in the morning session

Posted on July 21, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.60% against the USD and closed at USD1819.20 per ounce, as rising coronavirus cases around the world boosted demand for the safe haven metal. In the Asian session, at … Continue reading →

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Crude Oil: Oil extends its losses in the morning session

Posted on July 20, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.59% against the USD and closed at USD40.59 per barrel on Friday, amid worries that increasing Covid-19 cases could result more economic shutdown and decrease demand for … Continue reading →

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Silver: White metal trading lower in the morning session

Posted on July 20, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.13% against the USD and closed at USD19.75 per ounce on Friday. In the Asian session, at GMT0300, the pair is trading at 19.71, with silver trading 0.23% lower … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on July 20, 2020 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.79% against the USD and closed at USD1812.00 per ounce on Friday, as rising Covid-19 cases in the US raised uncertainty about the economic recovery, thereby increasing the demand … Continue reading →

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Crude Oil: Oil trading lower, ahead of Baker Hughes weekly rig count data

Posted on July 17, 2020 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.46% against the USD and closed at USD40.83 per barrel, after the Organisation of the Petroleum Exporting Countries and its allies agreed to trim supply curbs and … Continue reading →

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Silver: White metal extends its losses in the Morning session

Posted on July 17, 2020 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.49% against the USD and closed at USD19.53 per ounce. In the Asian session, at GMT0300, the pair is trading at 19.44, with silver trading 0.49% lower against the … Continue reading →

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