Crude Oil: Crude trims gains in the morning session but still remains above $100 per barrel range

Posted on February 18, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.56% against the USD for the 24 hour period ending 23:00GMT, closing at 100.85, as harsh winter conditions in the US bolstered the demand-outlook of the commodity in the nation. In the Asian … Continue reading →

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

Posted on February 18, 2014 by GCI Financial

Silver Movement Silver prices rose 1.48% to USD21.86 per ounce during the 24 hours ending 23:00GMT, buoyed by a weakness in the US Dollar. In the Asian session, at GMT0400, Silver is trading at 21.65, 0.97% lower from yesterday’s close. … Continue reading →

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Gold: Yellow metal reverses its direction in the Asian session

Posted on February 18, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.68% against the USD in the 24 hour period ending 23:00GMT, at 1330.04 per ounce, as traders took refuge under the safe-haven metal amid bets that the unfavourable climatic condition in the US … Continue reading →

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Crude Oil: Crude extends its direction in the Asian session

Posted on February 17, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices advanced 0.06% against the USD for the period ending 21:00GMT, closing at 100.32, buoyed by a weakness in the US Dollar. However, an unexpected fall in the US industrial and manufacturing data … Continue reading →

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

Posted on February 17, 2014 by GCI Financial

Silver Movement On Friday, Silver prices surged 4.72% to USD 21.44 per ounce during the period ending 21:00GMT as precious metals found themselves back in demand following the recent batch of lacklustre US economic data which weighed on the dollar. … Continue reading →

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Gold: Yellow metal trading above its MA’s

Posted on February 17, 2014 by GCI Financial

Gold Movement On Friday Gold prices traded higher by 1.29% against the USD in the period ending 21:00GMT, at 1318.13 per ounce, amid a broad decline in the US Dollar. In the Asian session, at GMT0400, Gold is trading at … Continue reading →

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Crude Oil: Crude trading tad higher in the Asian trading hours

Posted on February 14, 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 100.26, as higher demand prospects due to a cold weather in the US more than offset the nation’s dismal economic … Continue reading →

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Gold: Yellow metal continues to trade above crucial $1300 per ounce

Posted on February 14, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.82% against the USD in the 24 hour period ending 23:00GMT, at 1301.31 per ounce. The greenback came under pressure, after data showed that retail sales in the US fell in January, while … Continue reading →

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Silver: White metal extends its winning streak in the morning session

Posted on February 14, 2014 by GCI Financial

Silver Movement Silver prices rose 1.14% to USD 20.47 per ounce during the 24 hours ending 23:00GMT, as the greenback weakened. In the Asian session, at GMT0400, Silver is trading at 20.75, 1.35% higher from yesterday’s close. Silver is expected … Continue reading →

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Crude Oil: EIA reported a more than expected rise in the US crude inventories last week

Posted on February 13, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.17% against the USD for the 24 hour period ending 23:00GMT, closing at 100.23, after the Energy Information Administration (EIA) reported a more-than-expected rise in the US crude supplies by 3.3 million barrels, … Continue reading →

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Silver: White metal pares gains in the Asian session

Posted on February 13, 2014 by GCI Financial

Silver Movement Silver prices rose 0.15% to USD 20.24 per ounce during the 24 hours ending 23:00GMT, taking cues from gains in the prices of industrial metals. In the Asian session, at GMT0400, Silver is trading at 20.22, 0.10% lower … Continue reading →

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