Gold: Yellow metal trading tad lower in the Asian session

Posted on July 8, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.09% against the USD in the 24 hour period ending 23:00GMT, at 1319.50 per ounce, as reports suggested a rise in the net-long positions of hedge fund managers for a fourth straight week … Continue reading →

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Crude Oil: Oil trading reversed its losses this morning

Posted on July 7, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 0.29% against the USD for the period ending 21:00GMT, closing at 103.79, on renewed confidence that the sectarian violence in Iraq would not impact the nation’s crude supply as the crude … Continue reading →

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Silver: White metal trading slightly below its MA’s

Posted on July 7, 2014 by GCI Financial

Silver Movement On Friday, Silver prices marginally declined to USD 21.19 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0300, Silver is trading at 21.09, 0.45% lower from Friday’s close. Silver is expected to find support … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on July 7, 2014 by GCI Financial

Gold Movement On Friday, Gold prices traded marginally higher against the USD in the period ending 21:00GMT, at 1320.60 per ounce. In the Asian session, at GMT0300, Gold is trading at 1317.60, 0.23% lower from Friday’s close, as the safe … Continue reading →

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Crude Oil: Crude extended its losses in the Asian session

Posted on July 4, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.08% against the USD for the 24 hour period ending 23:00GMT, closing at 104.09, amid news that the risk of supply disruptions in Iraq has subsided and two key terminals in Libya may … Continue reading →

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Silver: White metal showing convergence with both its MA’s

Posted on July 4, 2014 by GCI Financial

Silver Movement Silver prices marginally declined to the USD 21.19 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, Silver is trading at 21.17, 0.12% lower from yesterday’s close. Silver … Continue reading →

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Gold: Yellow metal trading tad higher in the Asian session

Posted on July 4, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.53% against the USD in the 24 hour period ending 23:00GMT, at 1320.40 per ounce, following inspiring jobs data from the US as it diminished the safe haven appeal of the yellow metal. … Continue reading →

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Crude Oil: EIA reported a more than expected fall in the US weekly crude supplies

Posted on July 3, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.05% against the USD for the 24 hour period ending 23:00GMT, closing at 104.17, as Libyan rebels agreement to re-open two oil terminals at Es Sider and Ras Lanuf, eased some concerns on … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on July 3, 2014 by GCI Financial

Silver Movement Silver prices rose 0.55% to USD 21.20 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, Silver is trading at 21.14, 0.28% lower from yesterday’s close. Silver is … Continue reading →

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Gold: Yellow metal pares its yesterday’s gains in the Asian session

Posted on July 3, 2014 by GCI Financial

Gold Movement Gold prices traded marginally higher against the USD in the 24 hour period ending 23:00GMT, at 1327.40 per ounce, as Fed Chief, Janet Yellen’s dovish comments on the US interest-rate-outlook caused a decline in the US Dollar, which … Continue reading →

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Crude Oil: Crude trading higher, following yesterday’s fall

Posted on July 2, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.24% against the USD for the 24 hour period ending 23:00GMT, closing at 105.28, amid mounting speculations that ongoing unrest in Iraq and Ukraine would not impact oil supplies from the respective regions. … Continue reading →

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