Crude Oil: Crude trading above its MA’s

Posted on April 4, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.05% against the USD for the 24 hour period ending 23:00GMT, closing at 100.36, amid lingering concerns over talks between the Libyan government and rebels for reopening oil ports in the nation. Crude … Continue reading →

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

Posted on April 4, 2014 by GCI Financial

Silver Movement Silver prices declined 0.98% to USD 19.82 per ounce during the 24 hours ending 23:00GMT, amid broad gains in the US Dollar. In the Asian session, at GMT0300, Silver is trading at 19.83, tad higher from yesterday’s close. … Continue reading →

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Gold: Precious metal trading higher this morning

Posted on April 4, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.45% against the USD in the 24 hour period ending 23:00GMT, at 1285.14 per ounce, hurt by a stronger US Dollar. In the Asian session, at GMT0300, Gold is trading at 1286.22, 0.08% … Continue reading →

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Crude Oil: EIA reported an unexpected drop in the weekly US crude stockpiles

Posted on April 3, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.31% against the USD for the 24 hour period ending 23:00GMT, closing at 99.31, amid concerns of over-supply in the market after Libyan rebels clinched a deal with the nation’s Government, paving the … Continue reading →

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Silver: White metal trading lower this morning, following yesterday’s surge

Posted on April 3, 2014 by GCI Financial

Silver Movement Silver prices rose 1.27% to USD 20.02 per ounce during the 24 hours ending 23:00GMT, amid bargain hunting. In the Asian session, at GMT0300, Silver is trading at 19.93, 0.45% lower from yesterday’s close. Silver is expected to … Continue reading →

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

Posted on April 3, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.75% against the USD in the 24 hour period ending 23:00GMT, at 1290.98 per ounce, as traders took advantage of the recent retreat in the precious metal and increased their exposure to it … Continue reading →

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Crude Oil: API reported a surprise fall in the US weekly crude inventories

Posted on April 2, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.78% against the USD for the 24 hour period ending 23:00GMT, closing at 99.61, hurt by a mixed batch of Chinese manufacturing PMI data and a lacklustre rise in the US ISM manufacturing … Continue reading →

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Silver: White metal higher in the Asian trading hours

Posted on April 2, 2014 by GCI Financial

Silver Movement Silver prices marginally rose to USD 19.77 per ounce during the 24 hours ending 23:00GMT, amid broad gains in the prices of industrial metals. In the Asian session, at GMT0300, Silver is trading at 19.80, 0.12% higher from … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on April 2, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.25% against the USD in the 24 hour period ending 23:00GMT, at 1281.29 per ounce amid reports that showed holdings in the SPDR Gold Trust continued its downward trend and fell to 810.98 … Continue reading →

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Crude Oil: Crude trading lower amid concerns on China’s demand-outlook

Posted on April 1, 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 101.42. However, the gains were pared after the Chicago purchasing managers’ index declined more-than-expected in March and as concerns on … Continue reading →

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Silver: White metal extends its fall in the Asian trading session

Posted on April 1, 2014 by GCI Financial

Silver Movement Silver prices declined 0.34% to USD 19.76 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 19.72, 0.22% lower from yesterday’s close. … Continue reading →

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