Silver: Chinese demand worries weighs on white metal

Posted on January 23, 2014 by GCI Financial

Silver prices fell 0.56% to USD19.80 per ounce during the 24 hours ending 23:00GMT, hurt by a decline in the offtake pace by industrial units. In the Asian session, at GMT0400, Silver is trading at 19.71, 0.42% lower from yesterday’s … Continue reading →

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Gold: Yellow metal extends its fall amid a weak Chinese manufacturing data

Posted on January 23, 2014 by GCI Financial

Gold prices traded lower by 0.42% against the USD in the 24 hour period ending 23:00GMT, at 1237.12 per ounce, hurt by a stronger US Dollar. Separately, one of the leading broking houses slashed its price forecast on gold by … Continue reading →

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Crude Oil: IEA projects global oil demand to rise by 1.3 million barrels in 2014

Posted on January 22, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.56% against the USD for the 24 hour period ending 23:00GMT, closing at 95.21, after the International Energy Agency (IEA), in its monthly report, projected global oil demand to grow by 1.3 million … Continue reading →

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Silver: White metal reverses its direction in the Asian session

Posted on January 22, 2014 by GCI Financial

Silver Movement Silver prices declined 2.06% to USD19.91 per ounce during the 24 hours ending 23:00GMT, hurt by gains in the US Dollar. In the Asian session, at GMT0400, Silver is trading at 19.93, 0.14% higher from yesterday’s close. Silver … Continue reading →

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Gold: Precious metal regains some lost ground in the morning session

Posted on January 22, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 1.03% against the USD in the 24 hour period ending 23:00GMT, at 1242.35 per ounce, amid a stronger US Dollar. The safe-haven appeal of the yellow metal saw a further downturn after the … Continue reading →

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Crude Oil: Oil slips as the US and EU begin to lift some Iran sanctions under nuclear deal

Posted on January 21, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.36% against the USD for the 24 hour period ending 23:00GMT, closing at 93.75 after a report showed that industrial production in China, the world’s second largest consumer of crude oil, declined in … Continue reading →

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Silver: White metal continues to trade lower

Posted on January 21, 2014 by GCI Financial

Silver Movement Silver prices declined 0.27% to USD20.33 per ounce during the 24 hours ending 23:00GMT, amid a broad decline in the prices of industrial metals. In the Asian session, at GMT0400, Silver is trading at 20.21, 0.57% lower from … Continue reading →

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Gold: Precious metal trading lower in the morning session

Posted on January 21, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.36% against the USD in the 24 hour period ending 23:00GMT, at 1255.30 per ounce, with focus on Fed’s stimulus plans. However, earlier during the day, prices of gold advanced after data showed … Continue reading →

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Crude Oil: Crude prices trading below its MA’s

Posted on January 20, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 0.05% against the USD for the period ending 21:00GMT, closing at 94.07. In the Asian session, at GMT0400, Crude Oil is trading at 93.69, 0.40% lower from yesterday’s close, despite better … Continue reading →

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Silver: White metal extends its profits in the Asian session

Posted on January 20, 2014 by GCI Financial

Silver Movement On Friday, Silver prices rose 0.76% to USD 20.28 per ounce during the period ending 21:00GMT, tracking gains in gold prices In the Asian session, at GMT0400, Silver is trading at 20.3, 0.13% higher from yesterday’s close. Silver … Continue reading →

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Gold: Yellow metal trading above its MA’s

Posted on January 20, 2014 by GCI Financial

Gold Movement On Friday Gold prices traded higher by 0.85% against the USD in the period ending 21:00GMT, at 1253.45 per ounce, as the holdings in the biggest exchange-traded product rose to the highest level since November 2011, thereby indicating … Continue reading →

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