Silver: White metal snaps losses in the morning session

Posted on April 10, 2014 by GCI Financial

Silver Movement Silver prices declined 0.65% to USD 19.91 per ounce during the 24 hours ending 23:00GMT. However, a weaker US Dollar kept the commodity’s losses in check. In the Asian session, at GMT0300, Silver is trading at 19.97, 0.27% … Continue reading →

Posted in Silver | Comments Off

Gold: Precious metal extends its gains on back of Fed’s minutes

Posted on April 10, 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 1311.32 per ounce, as the US Dollar declined following the release of the minutes from the Fed’s March policy meeting, which … Continue reading →

Posted in Gold | Comments Off

Crude Oil: EIA upgraded its average price projection for crude and slashed its estimates on US crude production

Posted on April 9, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.53% against the USD for the 24 hour period ending 23:00GMT, closing at 102.33, as a weaker US Dollar bolstered the demand-outlook while tensions in Ukraine weighed on the supply prospect of the … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal extends its gains in the morning session

Posted on April 9, 2014 by GCI Financial

Silver Movement Silver prices rose 0.50% to USD 20.04 per ounce during the 24 hours ending 23:00GMT, tracking gains in prices of gold. In the Asian session, at GMT0300, Silver is trading at 20.05, slightly higher from yesterday’s close. Silver … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal continues to shine in the Asian session

Posted on April 9, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.87% against the USD in the 24 hour period ending 23:00GMT, at 1309.92 per ounce, as a weakness in the US Dollar and re-opening of Chinese markets, following a public holiday, bolstered the … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Crude reverses its direction in the morning session

Posted on April 8, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.26% against the USD for the 24 hour period ending 23:00GMT, closing at 100.79, as concerns on the supply-outlook of the commodity eased after media reports showed that Libyan rebels surrendered control of … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal extends its losses in the Asian trading hours

Posted on April 8, 2014 by GCI Financial

Silver Movement Silver prices declined marginally to USD 19.94 per ounce during the 24 hours ending 23:00GMT, on subdued industrial demand. In the Asian session, at GMT0300, Silver is trading at 19.93, 0.07% lower from yesterday’s close. Silver is expected … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal regains some of its lost shine in the morning session

Posted on April 8, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.43% against the USD in the 24 hour period ending 23:00GMT, at 1298.60 per ounce amid subdued physical demand from China on account of a public holiday. Negative sentiment for the precious metal … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Crude snaps gains in the Asian session

Posted on April 7, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices advanced 0.80% against the USD for the period ending 21:00GMT, closing at 101.14, as investors doubted reports that the Libyan ports were about to reopen. Meanwhile, crude prices further received support after … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading lower this morning

Posted on April 7, 2014 by GCI Financial

Silver Movement On Friday, Silver prices rose 0.71% to USD 19.96 per ounce during the period ending 21:00GMT, amid broad gains in the prices of industrial metals and strong demand for safe-haven assets. In the Asian session, at GMT0300, Silver … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal reverses its gains in the Asian trading hours

Posted on April 7, 2014 by GCI Financial

Gold Movement On Friday Gold prices traded higher by 1.44% against the USD in the period ending 21:00GMT, at 1303.64 per ounce, as traders favoured the safe-haven metal after data from the US showed that the economy added less-than-expected jobs … Continue reading →

Posted in Gold | Comments Off