Gold: Gold extends its upward direction in the Asian session

Posted on May 21, 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 1295.00 per ounce, as a decline in the US equity markets bolstered demand for the metal as an alternate investment. Positive … Continue reading →

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Crude Oil: Crude continues to trade higher in the Asian session

Posted on May 20, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.50% against the USD for the 24 hour period ending 23:00GMT, closing at 102.54, buoyed by a weakness in the US Dollar. Meanwhile, concerns on the supply-outlook of the commodity from Libya and … Continue reading →

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Silver: White metal pares its gains in the morning trading hours

Posted on May 20, 2014 by GCI Financial

Silver Movement Silver prices rose 0.16% to USD 19.36 per ounce during the 24 hours ending 23:00GMT, tracking gains in prices of gold and amid a weaker US Dollar. In the Asian session, at GMT0300, Silver is trading at 19.36, … Continue reading →

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Gold: Precious metal continues to shine in the Asian session

Posted on May 20, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.19% against the USD in the 24 hour period ending 23:00GMT, at 1293.50 per ounce, amid a broad weakness in the US Dollar and on speculation that the newly formed government in India … Continue reading →

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Crude Oil: Crude continues to trade higher amid concern on supply-outlook

Posted on May 19, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices advanced 0.53% against the USD for the period ending 21:00GMT, closing at 102.14, as fresh concerns on the supply-outlook of oil were fuelled after rebels again shut Libya’s El Feel oilfield and … Continue reading →

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Silver: White metal trading higher this morning, following Friday’s losses

Posted on May 19, 2014 by GCI Financial

Silver Movement On Friday, Silver prices declined 0.69% to USD 19.37 per ounce during the period ending 21:00GMT, tracking losses in gold prices. In the Asian session, at GMT0300, Silver is trading at 19.45, 0.39% higher from Friday’s close. Silver … Continue reading →

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Gold: Yellow metal pares its losses in the Asian session

Posted on May 19, 2014 by GCI Financial

Gold Movement On Friday Gold prices traded lower by 0.20% against the USD in the period ending 21:00GMT, at 1293.50 per ounce, amid mixed batch of economic releases from the US, the world’s largest economy. Gold prices also came under … Continue reading →

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Crude Oil: IEA projects a growth in global oil demand for 2014

Posted on May 16, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.33% against the USD for the 24 hour period ending 23:00GMT, closing at 101.60, as traders continued to mull the EIA’s latest weekly report that showed crude stockpiles in the US expanded as … Continue reading →

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Silver: White metal continues to trade lower in the morning trading hours

Posted on May 16, 2014 by GCI Financial

Silver Movement Silver prices declined 1.42% to USD 19.51 per ounce during the 24 hours ending 23:00GMT, paring its yesterday’s gains on the back of strong demand-outlook. In the Asian session, at GMT0300, Silver is trading at 19.50, slightly lower … Continue reading →

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

Posted on May 16, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.71% against the USD in the 24 hour period ending 23:00GMT, at 1296.10 per ounce, as the latest batch of strong employment and inflation data from the US economy dampened the safe-haven appeal … Continue reading →

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Crude Oil: EIA reported a 900,000 barrels rise in the US crude supplies in the previous week

Posted on May 15, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.09% against the USD for the 24 hour period ending 23:00GMT, closing at 101.94, after the Energy Information Administration (EIA) reported that inventories at the Cushing, Oklahoma, delivery point fell the 14th time … Continue reading →

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