Silver: White metal trading below its MA’s

Posted on August 6, 2014 by GCI Financial

Silver Movement Silver prices declined 2.03% against the USD in the 24 hour period ending 23:00GMT, at 19.78 per ounce. In the Asian session, at GMT0300, Silver is trading at 19.87, 0.48% higher from yesterday’s close. Silver is expected to … Continue reading →

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Gold: Yellow metal trading higher this morning

Posted on August 6, 2014 by GCI Financial

Gold Movement Gold prices traded flat against the USD in the 24 hour period ending 23:00GMT, at 1289.10 per ounce, as increased expectations of a sooner-than-expected US interest rate hike curbed the gains arising from looming Ukrainian concerns. In the … Continue reading →

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Crude Oil: Oil continues with its upward streak in Asian Session

Posted on August 5, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.71% against the USD for the 24 hour period ending 23:00GMT, closing at 98.43, amid increased optimism of the US economy, the world’s largest consumer of crude and following continued geopolitical tensions in … Continue reading →

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Silver: White metal trading below its MA’s

Posted on August 5, 2014 by GCI Financial

Silver Movement Silver prices declined 0.79% to USD 20.19 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, Silver is trading at 20.22, 0.17% higher from yesterday’s close. Silver is … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on August 5, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.44% against the USD in the 24 hour period ending 23:00GMT, at 1289.10 per ounce on increased expectations that the Fed would start raising its interest rates sooner than expected. In the Asian … Continue reading →

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Crude Oil: Oil trading on a higher footing in the Asian session

Posted on August 4, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices marginally declined against the USD for the period ending 21:00GMT, closing at 97.74 as weak US jobs data raised concerns over the demand from the largest consumer of crude. In the Asian … Continue reading →

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Gold: Yellow metal trading lower in the Asian Session

Posted on August 4, 2014 by GCI Financial

Gold Movement On Friday Gold prices traded higher by 0.85% against the USD in the period ending 21:00GMT, at 1294.80 per ounce after the US reported a downbeat non-farm payroll data, diminishing the confidence over the labour market strength. Meanwhile, … Continue reading →

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Crude Oil: Oil trading on a higher footing in the Asian session

Posted on August 4, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices marginally declined against the USD for the period ending 21:00GMT, closing at 97.74 as weak US jobs data raised concerns over the demand from the largest consumer of crude. In the Asian … Continue reading →

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Silver: White metal trading higher this morning

Posted on August 4, 2014 by GCI Financial

Silver Movement On Friday, Silver prices declined 0.20% to USD 20.35 per ounce during the period ending 21:00GMT. Data revealed that the US Mint sold 1,975,000 ounces of American Eagle silver coins in July, the lowest since December 2013. In … Continue reading →

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Gold: Yellow metal trading lower in the Asian Session

Posted on August 4, 2014 by GCI Financial

Gold Movement On Friday Gold prices traded higher by 0.85% against the USD in the period ending 21:00GMT, at 1294.80 per ounce after the US reported a downbeat non-farm payroll data, diminishing the confidence over the labour market strength. Meanwhile, … Continue reading →

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Crude Oil: Oil demand to grow 1.2 mb/d, OPEC

Posted on August 1, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.63% against the USD for the 24 hour period ending 23:00GMT, closing at 97.76. In a noteworthy development, the OPEC Monthly Oil Market Report for July 2014 projected that the world oil demand … Continue reading →

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