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

Posted on July 16, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.97% against the USD and closed at USD59.37 per barrel, after oil production in the Gulf of Mexico restarted, after Hurricane Barry swept through over the weekend. … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading on a weaker footing this morning

Posted on July 16, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.45% against the USD and closed at USD15.42 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.37, with silver … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal reverses its gains in the Asian session

Posted on July 16, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.27% against the USD and closed at USD1417.90 per ounce. In the Asian session, at GMT0300, the pair is trading at 1414.80, with gold trading 0.22% lower against the … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil extends its losses in the Asian session

Posted on July 15, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.18% against the USD and closed at USD60.27 per barrel on Friday, amid growing concerns over near term scenarios for demand and supply. Meanwhile, fresh figures from … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading on a weaker footing this morning

Posted on July 15, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.63% against the USD and closed at USD15.24 per ounce on Friday, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.20, … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal reverses it gains in the morning session

Posted on July 15, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.75% against the USD and closed at USD1417.60 per ounce on Friday, amid weakness in the greenback. In the Asian session, at GMT0300, the pair is trading at 1411.90, … Continue reading →

Posted in Gold | Comments Off

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

Posted on July 12, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.07% against the USD and closed at USD60.38 per barrel after Organization of the Petroleum Exporting Countries, in its monthly report trimmed its global demand forecast by … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading on a stronger footing this morning

Posted on July 12, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.95% against the USD and closed at USD15.15 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.16, with silver … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal reverses its losses in the morning session

Posted on July 12, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.04% against the USD and closed at USD1407.00 per ounce. In the Asian session, at GMT0300, the pair is trading at 1410.10, with gold trading 0.22% higher against the … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Oil trading on a positive footing this morning

Posted on July 11, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 3.30% against the USD and closed at USD60.42 per barrel, after the US Energy Information Administration (EIA) report revealed that crude supplies fell by 9.5 million barrels … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading a tad higher in the morning session

Posted on July 11, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 1.09% against the USD and closed at USD15.29 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 15.295, with silver … Continue reading →

Posted in Silver | Comments Off