Silver: White metal trading below its MA’s

Posted on February 24, 2014 by GCI Financial

Silver Movement On Friday, Silver prices rose 0.19% to USD 21.84 per ounce during the period ending 21:00GMT, mirroring gains in the prices of industrial metals and gold. In the Asian session, at GMT0400, Silver is trading at 21.59, 1.11% … Continue reading →

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Gold: Yellow metal trading lower in the morning, following Friday’s gain

Posted on February 24, 2014 by GCI Financial

Gold Movement On Friday Gold prices traded higher by 0.13% against the USD in the period ending 21:00GMT, at 1323.95 per ounce, as a lacklustre housing data from the US and violence in Ukraine bolstered the safe-haven appeal of the … Continue reading →

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Crude Oil: EIA reported a less than expected rise in the US weekly crude supplies

Posted on February 21, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.67% against the USD for the 24 hour period ending 23:00GMT, closing at 102.80 after the Energy Information Administration (EIA) reported 973,000 barrels rise in the US crude supplies to 362.3 million, the … Continue reading →

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Silver: White metal trading below its MA’s

Posted on February 21, 2014 by GCI Financial

Silver Movement Silver prices rose 0.94% to USD 21.80 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 21.62, 0.82% lower from yesterday’s close. Silver is expected to find support at … Continue reading →

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

Posted on February 21, 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 1322.27 per ounce, after data indicated a less-than-expected rise in employees claiming jobless benefits last week while the US consumer prices … Continue reading →

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Crude Oil: API reports an unexpected drop in the US weekly crude supplies

Posted on February 20, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.44% against the USD for the 24 hour period ending 23:00GMT, closing at 103.49. However, a stronger US Dollar capped the gains of the commodity. Late Wednesday, the American Petroleum Institute (API) reported … Continue reading →

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Silver: Silver Institute reports a 26% surge in the demand for the US Mint

Posted on February 20, 2014 by GCI Financial

Silver Movement Silver prices declined 1.57% to USD 21.59 per ounce during the 24 hours ending 23:00GMT, amid broad gains in the US Dollar. Late Tuesday, the Silver Institute reported that the demand for the US Mint (American Eagle silver … Continue reading →

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Gold: Yellow metal extends its fall on Dollar’s strength

Posted on February 20, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.79% against the USD in the 24 hour period ending 23:00GMT, at 1312.47 per ounce, after the US Dollar advanced following the release of the minutes from the Fed’s latest policy meeting, which … Continue reading →

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Crude Oil: Crude trading lower this morning, following yesterday’s rally

Posted on February 19, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 2.17% against the USD for the 24 hour period ending 23:00GMT, closing at 103.04, as a weaker US Dollar and a cold weather in the US bolstered the demand outlook of the commodity. … Continue reading →

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Silver: White metal reverses its direction in the Asian trading hours

Posted on February 19, 2014 by GCI Financial

Silver Movement Silver prices rose 0.33% to USD 21.94 per ounce during the 24 hours ending 23:00GMT and recorded its longest rally in almost 45 years, amid rising haven demand and a broad decline in the US Dollar. In the … Continue reading →

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Gold: Global gold demand falls by 15% in 2013, reports World Gold Council

Posted on February 19, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.53% against the USD in the 24 hour period ending 23:00GMT, at 1322.94 per ounce, affected by a World Gold Council report which indicated a 15% drop in global gold demand in 2013. … Continue reading →

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