Gold: Precious metal pares its gains in the Asian trading hours

Posted on May 6, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.70% against the USD in the 24 hour period ending 23:00GMT, at 1310.50 per ounce, as escalating violence in Ukraine along with soft economic data from China and the US lured investors towards … Continue reading →

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

Posted on May 2, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.47% against the USD for the 24 hour period ending 23:00GMT, closing at 99.29, as a lacklustre Chinese manufacturing PMI data and easing supply concerns in the US and Libya triggered a fall … Continue reading →

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Silver: Silver trading lower in the morning session

Posted on May 2, 2014 by GCI Financial

Silver Movement Silver prices declined 0.96% to USD 19.06 per ounce during the 24 hours ending 23:00GMT, as improving growth-outlook of the US economy and a decline in demand for industrial metals weighed on the demand outlook of the white … Continue reading →

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Gold: Precious metal continues to lose its shine in the Asian session

Posted on May 2, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.63% against the USD in the 24 hour period ending 23:00GMT, at 1284.30 per ounce, as the latest batch of upbeat economic data from the US weighed on the safe-haven appeal of the … Continue reading →

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Crude Oil: US crude inventories extends its record high level, reports EIA

Posted on May 1, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.92% against the USD for the 24 hour period ending 23:00GMT, closing at 99.76, as a soft first-quarter US GDP data fuelled concerns on the demand prospects of the commodity in the nation … Continue reading →

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Silver: Silver trading below its MA’s

Posted on May 1, 2014 by GCI Financial

Silver Movement Silver prices declined 1.28% to USD 19.25 per ounce during the 24 hours ending 23:00GMT, tracking losses in the prices of gold. In the Asian session, at GMT0300, Silver is trading at 19.15, 0.49% lower from yesterday’s close. … Continue reading →

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Gold: Yellow metal extends its fall following Fed’s $10 billion taper

Posted on May 1, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.24% against the USD in the 24 hour period ending 23:00GMT, at 1292.50 per ounce, after the Fed, citing the growth momentum in the US economy, announced its decision to slash its monthly … Continue reading →

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Crude Oil: Crude trading lower amid lingering geopolitical tensions

Posted on April 30, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.13% against the USD for the 24 hour period ending 23:00GMT, closing at 100.69, However, losses in crude oil prices were limited as concerns on the supply outlook of the commodity rose after … Continue reading →

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Silver: White metal extends its fall in the Asian session

Posted on April 30, 2014 by GCI Financial

Silver Movement Silver prices declined 0.61% to USD 19.50 per ounce during the 24 hours ending 23:00GMT, amid a broad decline in the prices of industrial metals. Yesterday, a leading research firm projected silver prices to decline 14% and average … Continue reading →

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Gold: Yellow metal trading tad lower ahead of the Fed’s decision on US monetary policy

Posted on April 30, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.07% against the USD in the 24 hour period ending 23:00GMT, at 1295.60 per ounce, as traders awaited the outcome of the US Fed two-day policy meeting that concludes today. Meanwhile, a rally … Continue reading →

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Crude Oil: Crude trading higher ahead of the inventories data

Posted on April 29, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced marginally against the USD for the 24 hour period ending 23:00GMT, closing at 100.82, as fresh US sanctions on Russia fuelled concerns on the supply outlook of crude oil from the region. However, … Continue reading →

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