Crude Oil: Crude trading below its MA’s

Posted on April 23, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.23% against the USD for the 24 hour period ending 23:00GMT, closing at 101.94, amid speculation that a US government report to be released later today might show that crude stockpiles in the … Continue reading →

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Silver: White metal trading higher this morning, following yesterday’s fall

Posted on April 23, 2014 by GCI Financial

Silver Movement Silver prices marginally declined to USD 19.44 per ounce during the 24 hours ending 23:00GMT, amid soft demand for safe-haven assets. In the Asian session, at GMT0300, Silver is trading at 19.45, 0.06% higher from yesterday’s close. Silver … Continue reading →

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Gold: Yellow metal trading marginally lower in the morning session

Posted on April 23, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.39% against the USD in the 24 hour period ending 23:00GMT, at 1284.94 per ounce, as optimism on the recovery of the US economy and a rally in the US equity markets lured … Continue reading →

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Crude Oil: Crude snaps gains in the morning session

Posted on April 22, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices marginally advanced against the USD for the 24 hour period ending 23:00GMT, closing at 104.26, as a strong US CB leading economic indicator bolstered the demand outlook of the commodity in the nation. Meanwhile, … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on April 22, 2014 by GCI Financial

Silver Movement Silver prices declined 0.69% to USD 19.44 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.35, 0.48% lower from yesterday’s close. Silver is expected to find support at … Continue reading →

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Gold: Precious metal continues to trade lower amid a self-off in gold ETF

Posted on April 22, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.16% against the USD in the 24 hour period ending 23:00GMT, at 1289.71 per ounce, following reports that revealed the SPDR Gold Trust suffered an outflow of 9.3 tonnes last week. Meanwhile, the … Continue reading →

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Crude Oil: EIA reported a 10 million barrels surge in the US crude stockpiles

Posted on April 17, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.11% against the USD for the 24 hour period ending 23:00GMT, closing at 103.90, as concerns over clashes between pro-Russia militants and Ukrainian forces continued to support prices of crude oil. However, gains … Continue reading →

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Silver: White metal trading lower this morning

Posted on April 17, 2014 by GCI Financial

Silver Movement Silver prices rose 0.59% to USD 19.66 per ounce during the 24 hours ending 23:00GMT, on strong demand for safe-haven assets. In the Asian session, at GMT0300, Silver is trading at 19.57, 0.42% lower from yesterday’s close. Silver … Continue reading →

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Gold: Yellow metal pares its gains in the morning trading hours

Posted on April 17, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.08% against the USD in the 24 hour period ending 23:00GMT, at 1303.91 per ounce, as geopolitical turmoil in Ukraine bolstered the demand for safe-haven metal. Meanwhile, the Fed Chief, Janet Yellen’s indication … Continue reading →

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Crude Oil: API reported a more than expected rise in the US weekly crude supplies

Posted on April 16, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.29% against the USD for the 24 hour period ending 23:00GMT, closing at 103.78, as escalating tension in Ukraine overshadowed easing concerns on the Libya oil supply. However, the gains in the commodity … Continue reading →

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Silver: White metal continues to trade lower in the Asian session

Posted on April 16, 2014 by GCI Financial

Silver Movement Silver prices declined 2.15% to USD 19.54 per ounce during the 24 hours ending 23:00GMT, tracking a fall in gold prices. In the Asian session, at GMT0300, Silver is trading at 19.48, 0.32% lower from yesterday’s close. Silver … Continue reading →

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