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

Posted on August 7, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.38% against the USD and closed at USD53.42 per barrel, as persistent trade tensions fuelled concerns over weakening energy demand. Separately, the Energy Information Administration (EIA), in … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on August 7, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.36% against the USD and closed at USD16.46 per ounce. In the Asian session, at GMT0300, the pair is trading at 16.74, with silver trading 1.70% higher against the … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on August 7, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.24% against the USD and closed at USD1488.70 per ounce, amid heightened US-China trade tensions. In the Asian session, at GMT0300, the pair is trading at 1496.10, with gold … Continue reading →

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Crude Oil: Oil trading lower in the Asian session

Posted on August 5, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.62% against the USD and closed at USD55.27 per barrel on Friday, after fresh figures from Baker Hughes disclosed that the number of active rigs fell by … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on August 5, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.61% against the USD and closed at USD16.21 per ounce on Friday. In the Asian session, at GMT0300, the pair is trading at 16.28, with silver trading 0.46% higher … Continue reading →

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Gold: Yellow metal trading higher in the morning session

Posted on August 5, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.32% against the USD and closed at USD1454.80 per ounce on Friday, amid weakness in the US dollar. In the Asian session, at GMT0300, the pair is trading at … Continue reading →

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

Posted on August 2, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 6.06% against the USD and closed at USD54.39 per barrel, as US President Donald Trump decided to impose new tariffs on Chinese goods. In the Asian session, … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on August 2, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.12% against the USD and closed at USD16.31 per ounce, tracking loss in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.25, with silver … Continue reading →

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Gold: Yellow metal reverses its gains in the morning session

Posted on August 2, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 2.18% against the USD and closed at USD1456.40 per ounce, after Preside Donald Trump announced additional tariffs on Chinses imports. In the Asian session, at GMT0300, the pair is … Continue reading →

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Crude Oil: Oil trading marginally lower in the Asian session

Posted on August 1, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.48% against the USD and closed at USD57.90 per barrel. Separately, the Energy Information Administration (EIA) report indicated that US crude oil stockpiles fell by 8.5 million … Continue reading →

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Silver: White metal trading on a weaker footing this morning

Posted on August 1, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.78% against the USD and closed at USD16.29 per ounce, tracking loss in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.20, with silver … Continue reading →

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