Crude Oil: Crude trading modestly higher ahead of EIA’s US crude inventory data

Posted on June 11, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.21% against the USD for the 24 hour period ending 23:00GMT, closing at 104.29, as a weekly report from the American Petroleum Institute (API) showed that US crude inventories rose by 1.45 million … Continue reading →

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Silver: White metal trading higher in the morning trading hours

Posted on June 11, 2014 by GCI Financial

Silver Movement Silver prices rose 0.73% to USD 19.19 per ounce during the 24 hours ending 23:00GMT, amid strong demand by industrial units. In the Asian session, at GMT0300, Silver is trading at 19.22, 0.16% higher from yesterday’s close. Silver … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on June 11, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.62% against the USD in the 24 hour period ending 23:00GMT, at 1259.60 per ounce, as a weakness in the US equity markets bolstered the safe-haven appeal of the metal. In the Asian … Continue reading →

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Crude Oil: Crude trading above its MA’s

Posted on June 10, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices rallied 1.80% against the USD and closed at 104.51 for the 24 hour period ending 23:00GMT, buoyed by a strong Chinese trade balance data and amid speculation that a government report would show a … Continue reading →

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Silver: Silver extends its gains in the morning trading hours

Posted on June 10, 2014 by GCI Financial

Silver Movement Silver prices rose 0.18% to USD 19.05 per ounce during the 24 hours ending 23:00GMT, on industrial buying. In the Asian session, at GMT0300, Silver is trading at 19.06, slightly higher from yesterday’s close. Silver is expected to … Continue reading →

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Gold: Yellow metal trading modestly higher in the Asian session

Posted on June 10, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.11% against the USD in the 24 hour period ending 23:00GMT, at 1251.80 per ounce, as a rally in the US equity markets dented the demand for the metal as an alternate investment. … Continue reading →

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Crude Oil: Crude trading higher, benefited by Chinese strong trade balance data

Posted on June 9, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices advanced 0.33% against the USD for the period ending 21:00GMT, closing at 102.80, as strong economic releases from the US economy bolstered the demand outlook of the commodity in the world’s largest … Continue reading →

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Silver: White metal trading modestly higher, following Friday’s drop

Posted on June 9, 2014 by GCI Financial

Silver Movement On Friday, Silver prices declined 0.13% to USD 19.01 per ounce during the period ending 21:00GMT, on lingering concerns over ECB’s stimulus measures and amid a soft demand for safe-haven assets. In the Asian session, at GMT0300, Silver … Continue reading →

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Gold: Precious metal regains some lost ground in the Asian session

Posted on June 9, 2014 by GCI Financial

Gold Movement On Friday Gold prices traded marginally lower against the USD in the period ending 21:00GMT, at 1253.00 per ounce, as a strong US jobs data spurred a rally in the US equity markets and weighed on the demand … Continue reading →

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Crude Oil: Crude trading marginally higher in the morning session

Posted on June 6, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.20% against the USD for the 24 hour period ending 23:00GMT, closing at 102.46, paring its initial losses, triggered by easing supply concerns on crude oil. Yesterday, reports revealed that Libya’s output expanded … Continue reading →

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Silver: White metal extends its gains in the Asian session

Posted on June 6, 2014 by GCI Financial

Silver Movement Silver prices rose 1.33% to USD 19.04 per ounce during the 24 hours ending 23:00GMT, following ECB’s decision to cut its key interest rates and introduce a new stimulus package in order to ward off deflation threats in … Continue reading →

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