Gold: Yellow metal extends its losses in the Asian session

Posted on July 23, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.34% against the USD in the 24 hour period ending 23:00GMT, at 1307.90 per ounce, as tensions between Russia and the West eased to some extent after the pro-Russian rebels in Ukraine cooperated … Continue reading →

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Crude Oil: Oil prices trading lower this morning ahead of the API data

Posted on July 22, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.83% against the USD for the 24 hour period ending 23:00GMT, closing at 104.65, amid concerns that the continuing geopolitical tensions in Ukraine, Gaza and Iraq would have a negative impact on oil … Continue reading →

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Silver: Yellow metal converging with its MA’s

Posted on July 22, 2014 by GCI Financial

Silver Movement Silver prices rose 0.19% to USD 20.96 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 20.99, 0.17% higher from yesterday’s close. Silver is expected to find support at … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on July 22, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.12% against the USD in the 24 hour period ending 23:00GMT, at 1312.30 per ounce after the US strengthened its allegations about Russia’s involvement in the downing of a Malaysian airliner on the … Continue reading →

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Crude Oil: Crude oil reverses its losses in the Asian session

Posted on July 21, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 0.94% against the USD for the period ending 21:00GMT, closing at 102.81, despite renewed tensions in Ukraine, Libya and Israel. Over the weekend, violence in Libya resurfaced after rival militia battled … Continue reading →

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Silver: White metal showing convergence with its MA’s

Posted on July 21, 2014 by GCI Financial

Silver Movement On Friday, Silver prices declined 1.53% to USD 20.91 per ounce during the period ending 21:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, Silver is trading at 20.96, 0.24% higher from Friday’s close. Silver … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on July 21, 2014 by GCI Financial

Gold Movement On Friday Gold prices traded lower by 0.86% against the USD in the period ending 21:00GMT, at 1310.50 per ounce, reversing its initial gains triggered by uncertainty in Ukraine and Israel. Meanwhile, last week the World Bank projected … Continue reading →

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Crude Oil: Crude oil trading above its MA’s

Posted on July 18, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 2.35% against the USD for the 24 hour period ending 23:00GMT, closing at 103.79, as supply concerns rose after geopolitical tensions in Ukraine and Israel escalated. Oil prices were further boosted after prospect … Continue reading →

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Silver: White metal reverses its gains this morning

Posted on July 18, 2014 by GCI Financial

Silver Movement Silver prices rose 2.19% to USD 21.24 per ounce during the 24 hours ending 23:00GMT, following news of geopolitical instability in Ukraine and Israel. In the Asian session, at GMT0300, Silver is trading at 21.16, 0.38% lower from … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on July 18, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 1.78% against the USD in the 24 hour period ending 23:00GMT, at 1321.90 per ounce, as the safe haven appeal of the yellow metal rose after geopolitical concerns intensified following news that Israel … Continue reading →

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Crude Oil: Oil inventories fell for third straight week, EIA

Posted on July 17, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.19% against the USD for the 24 hour period ending 23:00GMT, closing at 101.41, after the US Energy Information Administration reported that US crude oil inventories fell by 7.5 million barrels during the … Continue reading →

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