Gold: Yellow metal continues its losses in the Asian session

Posted on August 12, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.21% against the USD in the 24 hour period ending 23:00GMT, at 1309.00 per ounce as tensions in the Middle East and Russia-Ukraine subsided on expectations of negotiations from both the regions. In … Continue reading →

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Crude Oil: Oil continues with its gain in the Asian session

Posted on August 11, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices advanced 0.26% against the USD for the period ending 21:00GMT, closing at 97.68. However easing geopolitical tensions capped its gains. Meanwhile, the OPEC has cut down its 2014 global oil demand growth … Continue reading →

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Silver: White metal trading below its MA’s

Posted on August 11, 2014 by GCI Financial

Silver Movement On Friday, Silver prices declined 0.38% to USD 19.90 per ounce during the period ending 21:00GMT, tracking gold losses. In the Asian session, at GMT0300, Silver is trading at 19.89, marginally lower from Friday’s close. Silver is expected … Continue reading →

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Gold: Yellow metal continues its losing streak in the Asian session.

Posted on August 11, 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 1311.70 per ounce as safe haven appeal of the yellow metal diminished after reports came in that Russia has ended its … Continue reading →

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Crude Oil: Oil continues its gain in the Asian session

Posted on August 8, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices gained 0.57% against the USD for the 24 hour period ending 23:00GMT, closing at 97.43, after US, the largest consumer of crude, revealed an upbeat initial claims data. In the Asian session, at GMT0300, … Continue reading →

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Silver: White metal trading above/below its MA’s

Posted on August 8, 2014 by GCI Financial

Silver Movement Silver prices declined 0.40% to USD 19.97 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.98, tad higher from yesterday’s close. Silver is expected to find support at … Continue reading →

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Gold: Yellow metal rises on rising geopolitical tensions

Posted on August 8, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.41% against the USD in the 24 hour period ending 23:00GMT, at 1312.80 per ounce after tensions escalated between Moscow and other developed countries because of the sanction wars. However, the gains were … Continue reading →

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Crude Oil: Crude oil trading below its MA’s

Posted on August 7, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.83% against the USD for the 24 hour period ending 23:00GMT, closing at 96.88. The Energy Information Administration reported that US crude oil inventories stood at 365.60 million barrels last week, dropping by … Continue reading →

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Silver: White metal trading above its MA’s

Posted on August 7, 2014 by GCI Financial

Silver Movement Silver prices rose 1.39% to USD 20.05 per ounce during the 24 hours ending 23:00GMT as concerns of escalating Ukraine conflict raised the prices of precious metals. In the Asian session, at GMT0300, Silver is trading at 20.11, … Continue reading →

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Gold: Yellow metal continues its gain in the Asian session

Posted on August 7, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 1.43% against the USD in the 24 hour period ending 23:00GMT, at 1307.50 per ounce, as safe haven appeal of the yellow metal rose following reports that the Poland’s foreign minister, Radoslaw Sikorski, … Continue reading →

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Crude Oil: Oil continues its losses in the Asian Session

Posted on August 6, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.75% against the USD for the 24 hour period ending 23:00GMT, closing at 97.69. However, the American Petroleum Institute (API) reported that US Crude Oil supplies slipped by 5.5 million barrels in the … Continue reading →

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