Gold: Yellow metal is trading higher this morning

Posted on January 29, 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 1250.24 per ounce. In the Asian session, at GMT0400, Gold is trading at 1253.07, 0.23% higher from yesterday’s close. Gold is … Continue reading →

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Crude Oil: Crude oil rebounds in the Asian session after yesterday’s fall

Posted on January 28, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.46% against the USD for the 24 hour period ending 23:00GMT, closing at 95.65, amid concerns of a further reduction in the US central bank stimulus. In the Asian session, at GMT0400, Crude … Continue reading →

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Silver: White metal trading higher this morning

Posted on January 28, 2014 by GCI Financial

Silver Movement Silver prices declined 1.31% to USD19.69 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 19.76, 0.35% higher from yesterday’s close, tracking gains in gold prices. Silver is expected … Continue reading →

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Gold: Yellow metal trading tad higher in the Asian session

Posted on January 28, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 1.25% against the USD in the 24 hour period ending 23:00GMT, at 1255.83 per ounce, as investors cashed in gains ahead of the crucial Federal Reserve meeting this week. Meanwhile, increasing expectations that … Continue reading →

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Silver: White metal reverses its losses in the Asian session

Posted on January 27, 2014 by GCI Financial

Silver Movement On Friday, Silver prices declined 0.76% to USD 19.89 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0400, Silver is trading at 19.91, 0.07% higher from yesterday’s close. Silver is expected to find support … Continue reading →

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Crude Oil: Oil extends its losses in the Asian session

Posted on January 27, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 0.42% against the USD for the period ending 21:00GMT, closing at 96.93, as persistent concerns over the economic outlook in emerging markets dampened the appeal of the commodity. Meanwhile, prices received … Continue reading →

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Gold: Yellow metal is trading above its MA’s

Posted on January 27, 2014 by GCI Financial

Gold Movement On Friday Gold prices traded higher by 0.26% against the USD in the period ending 21:00GMT, at 1267.42 per ounce. In the Asian session, at GMT0400, Gold is trading at 1271.87, 0.35% higher from yesterday’s close. Gold is … Continue reading →

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

Posted on January 24, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.72% against the USD for the 24 hour period ending 23:00GMT, closing at 97.34. Yesterday, the Energy Information Administration (EIA) reported a 3.21 million barrels drop in the US distillate-fuel inventories, including heating … Continue reading →

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

Posted on January 24, 2014 by GCI Financial

Silver Movement Silver prices rose 1.26% to USD20.05 per ounce during the 24 hours ending 23:00GMT, amid a broadly weak US Dollar. In the Asian session, at GMT0400, Silver is trading at 20.04, marginally lower from yesterday’s close. Silver is … Continue reading →

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Gold: Precious metal pares gains in the Asian session

Posted on January 24, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 2.18% against the USD in the 24 hour period ending 23:00GMT, at 1264.10 per ounce, amid a broad weakness in the US Dollar led by lacklustre economic domestic data. Positive sentiment for the … Continue reading →

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Crude Oil: Crude trading lower, ahead of EIA’s crude inventory report

Posted on January 23, 2014 by GCI Financial

Crude Oil prices advanced 1.50% against the USD for the 24 hour period ending 23:00GMT, closing at 96.64. Yesterday, the American Petroleum Institute (API) reported a rise of 4.86 million barrels in the US crude inventories for the week ended … Continue reading →

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