Crude Oil: EIA reported an unexpected rise in the US crude supplies for last week

Posted on June 26, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.34% against the USD for the 24 hour period ending 23:00GMT, closing at 106.67, amid easing concerns on the supply-outlook of the commodity arising from violence-wracked Iraq and as the Energy Information Administration … Continue reading →

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Silver: White metal trading lower this morning, following yesterday’s gains

Posted on June 26, 2014 by GCI Financial

Silver Movement Silver prices rose 0.50% to USD 21.01 per ounce during the 24 hours ending 23:00GMT, as mounting concerns on the growth-outlook of the US economy fuelled demand for safe-haven assets. In the Asian session, at GMT0300, Silver is … Continue reading →

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Gold: Yellow metal pares its gains in the Asian session

Posted on June 26, 2014 by GCI Financial

Gold Movement Gold prices traded marginally higher against the USD in the 24 hour period ending 23:00GMT, at 1318.70 per ounce, as the latest batch of dismal economic data from the US economy and a broad weakness in the US … Continue reading →

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Crude Oil: Crude trading lower ahead of EIA’s weekly US crude supplies data

Posted on June 25, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.93% against the USD for the 24 hour period ending 23:00GMT, closing at 107.03, as Iraqi government troops continued to battle Sunni insurgents for control of the nation’s largest refinery in north of … Continue reading →

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Silver: White metal trading lower this morning

Posted on June 25, 2014 by GCI Financial

Silver Movement Silver prices rose 0.17% to USD 20.90 per ounce during the 24 hours ending 23:00GMT, benefiting from strong demand for safe-haven assets. In the Asian session, at GMT0300, Silver is trading at 20.73, 0.81% lower from yesterday’s close. … Continue reading →

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

Posted on June 25, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.21% against the USD in the 24 hour period ending 23:00GMT, at 1318.50 per ounce, as a weakness in the US equity markets and lingering geo-political tensions in Iraq, bolstered the demand-outlook of … Continue reading →

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Crude Oil: Crude continues to trade lower in the Asian trading hours

Posted on June 24, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.04% against the USD for the 24 hour period ending 23:00GMT, closing at 106.04, amid looming speculations that violence in Iraq would not affect the nation’s oil supply. Late Monday, reports showed that … Continue reading →

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Silver: White metal trading lower this morning, following yesterday’s gains

Posted on June 24, 2014 by GCI Financial

Silver Movement Silver prices rose 0.24% to USD 20.87 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices. In the Asian session, at GMT0300, Silver is trading at 20.84, 0.12% lower from yesterday’s close. Silver is … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on June 24, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.10% against the USD in the 24 hour period ending 23:00GMT, at 1315.80 per ounce, as a broad weakness in global equity markets and lingering tensions over Iraq crisis, lured investors towards the … Continue reading →

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Crude Oil: Crude jumps following upbeat China’s PMI data and amid lingering tensions over Iraq crisis

Posted on June 23, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices finished flat against the USD for the period ending 21:00GMT, closing at 106.63, paring its initial gains, as concerns on the supply-outlook of oil from Iraq eased after media reports showed that … Continue reading →

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Silver: Silver pares its Friday’s gains in the Asian trading hours

Posted on June 23, 2014 by GCI Financial

Silver Movement On Friday, Silver prices rose 0.31% to USD 20.88 per ounce during the period ending 21:00GMT, as geo-political tensions in Iraq bolstered demand for safe-haven assets. In the Asian session, at GMT0300, Silver is trading at 20.82, 0.31% … Continue reading →

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