Silver: White metal pares its gains in the Asian trading hours

Posted on February 7, 2014 by GCI Financial

Silver Movement Silver prices rose 0.13% to USD19.95 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 19.90, 0.25% lower from yesterday’s close. Silver is expected to find support at 19.73, … Continue reading →

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Gold: Yellow metal reverses its losses in the morning

Posted on February 7, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.11% against the USD in the 24 hour period ending 23:00GMT, at 1257.18 per ounce. In the Asian session, at GMT0400, Gold is trading at 1261.85, 0.37% higher from yesterday’s close. Gold is … Continue reading →

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Crude Oil: Weekly US crude stockpiles rose less than analysts’ expectations, indicated EIA.

Posted on February 6, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.41% against the USD for the 24 hour period ending 23:00GMT, closing at 97.36. Yesterday, the Energy Information Administration (EIA) reported a 440,000 barrels rise in the US crude stockpiles for the week … Continue reading →

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Silver: White metal trading above its MA’s

Posted on February 6, 2014 by GCI Financial

Silver Movement Silver prices rose 2.18% to USD19.92 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 19.92, tad lower from yesterday’s close. Silver is expected to find support at 19.52, … Continue reading →

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Gold: Yellow metal reverses its direction in the morning session

Posted on February 6, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.34% against the USD in the 24 hour period ending 23:00GMT, at 1258.55 per ounce. In the Asian session, at GMT0400, Gold is trading at 1255.73, 0.22% lower from yesterday’s close. Gold is … Continue reading →

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Crude Oil: US crude oil inventory rose less than expected, indicates API

Posted on February 5, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.14% against the USD for the 24 hour period ending 23:00GMT, closing at 97.76, amid speculation that an extreme cold weather in the US could boost the demand for the commodity. Late Tuesday, … Continue reading →

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

Posted on February 5, 2014 by GCI Financial

Silver Movement Silver prices rose 0.69% to USD19.50 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 19.56, 0.33% higher from yesterday’s close. Silver is expected to find support at 19.35, … Continue reading →

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Gold: Yellow metal extends its fall in the Asian trading hours

Posted on February 5, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.26% against the USD in the 24 hour period ending 23:00GMT, at 1254.32 per ounce, hurt by a stronger US Dollar. In the Asian session, at GMT0400, Gold is trading at 1254.05, tad … Continue reading →

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Crude Oil: Crude trading below its MA’s

Posted on February 4, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.63% against the USD for the 24 hour period ending 23:00GMT, closing at 96.66, after a weak US manufacturing data dampened the demand-outlook of the commodity. However, fresh violence in Iraq and Syria … Continue reading →

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Silver: White metal extends its gains in the Asian session

Posted on February 4, 2014 by GCI Financial

Silver Movement Silver prices rose 1.19% to USD19.36 per ounce during the 24 hours ending 23:00GMT, buoyed by a weaker US Dollar. Additionally, the Indian government’s decision to slash its tariff on the import of gold and silver further bolstered … Continue reading →

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Gold: Precious metal trading tad lower, following yesterday’s surge

Posted on February 4, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 1.13% against the USD in the 24 hour period ending 23:00GMT, at 1257.60 per ounce, amid a broad decline in the US Dollar. Demand for the precious metal saw a further rise after … Continue reading →

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