Gold: Yellow metal trading tad lower this morning

Posted on January 14, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.23% against the USD in the 24 hour period ending 23:00GMT, at 1252.25 per ounce. The US Dollar lost momentum, after the Atlanta Fed President, Dennis Lockhart, emphasised that the labour market in … Continue reading →

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Crude Oil: Crude pares gains in the Asian trading session

Posted on January 13, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices advanced 0.57% against the USD for the period ending 21:00GMT, closing at 92.79, buoyed by upbeat Chinese imports data and a weakness in the US Dollar. In the Asian session, at GMT0400, … Continue reading →

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Silver: White metal continues to trade higher in the morning session

Posted on January 13, 2014 by GCI Financial

Silver Movement On Friday, Silver prices rose 2.76% to USD20.12 per ounce during the period ending 21:00GMT, amid a broad decline in the US Dollar. In the Asian session, at GMT0400, Silver is trading at 20.19, 0.37% higher from Friday’s … Continue reading →

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Gold: Yellow metal extends its winning streak in the Asian trading hours

Posted on January 13, 2014 by GCI Financial

Gold Movement On Friday Gold prices traded higher by 1.49% against the USD in the period ending 21:00GMT, at 1246.28 per ounce, following dismal US employment data. In the Asian session, at GMT0400, Gold is trading at 1250.02, 0.30% higher … Continue reading →

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Crude Oil: Crude reversed its losses in the Asian session

Posted on January 10, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.38% against the USD for the 24 hour period ending 23:00GMT, closing at 92.26, amid rising fears about bulging supplies of crude oil and falling demand for gasoline. Meanwhile, forecasts for warmer-than-normal weather … Continue reading →

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Silver: White metal showing convergence with both its MA’s

Posted on January 10, 2014 by GCI Financial

Silver Movement Silver prices rose 0.16% to the USD 19.58 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 19.66, 0.42% higher from yesterday’s close. Silver is expected to find support … Continue reading →

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Gold: Gold trading higher ahead of US Nonfarm payrolls data

Posted on January 10, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 0.16% against the USD in the 24 hour period ending 23:00GMT, at 1228.03 per ounce, as investors shrugged off an official data indicating that the number of people who filed for unemployment benefits … Continue reading →

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

Posted on January 9, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.45% against the USD for the 24 hour period ending 23:00GMT, closing at 92.61, after a report from the Energy Information Administration (EIA) showed that fuel stockpiles in the US rose more than … Continue reading →

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Silver: White metal snaps losses in the morning

Posted on January 9, 2014 by GCI Financial

Silver Movement Silver prices declined 1.65% to USD19.55 per ounce during the 24 hours ending 23:00GMT, amid a broad gain in the US Dollar. In the Asian session, at GMT0400, Silver is trading at 19.64, 0.49% higher from yesterday’s close. … Continue reading →

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Gold: Precious metal trading higher in the Asian session

Posted on January 9, 2014 by GCI Financial

Gold Movement Gold prices traded 0.53% lower against the USD in the 24 hour period ending 23:00GMT, at 1226.07 per ounce, hurt by a stronger US Dollar. In the Asian session, at GMT0400, Gold is trading at 1227.54, 0.12% higher … Continue reading →

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Crude Oil: API data indicates decline in crude inventories

Posted on January 8, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.40% against the USD for the 24 hour period ending 23:00GMT, closing at 93.97, amid unusually cold weather in the US, which is expected to increase the demand for fuel in the world’s … Continue reading →

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