Silver: White metal trading below both its MA’s

Posted on January 8, 2014 by GCI Financial

Silver Movement Silver prices declined 1.63% to the USD 19.87 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0400, Silver is trading at 19.72, 0.79% lower from yesterday’s close. Silver … Continue reading →

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Gold: Yellow metal trading lower ahead of the FOMC minutes

Posted on January 8, 2014 by GCI Financial

Gold Movement Gold prices traded lower by 0.47% against the USD in the 24 hour period ending 23:00GMT, at 1232.60 per ounce. In data released yesterday, the trade deficit in the US shrank to its lowest level in four years … Continue reading →

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Crude Oil: Trading flat this morning

Posted on January 7, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.55% against the USD for the 24 hour period ending 23:00GMT, closing at 93.60, for the fifth-straight trading session, amid easing supply-concerns from the Middle East region. However, a weakness in the US … Continue reading →

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Silver: Silver converging with its MA’s

Posted on January 7, 2014 by GCI Financial

Silver Movement Silver prices rose 0.09% to USD20.20 per ounce during the 24 hours ending 23:00GMT, amid a broad decline in the US Dollar. In the Asian session, at GMT0400, Silver is trading at 20.21, marginally higher from yesterday’s close. … Continue reading →

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Gold: Precious metal extends its gains in the morning session

Posted on January 7, 2014 by GCI Financial

Gold Movement Gold prices rose marginally against the USD in the 24 hour period ending 23:00GMT, at $1238.39 per ounce, on prospects of upbeat physical demand from Asia. In the Asian session, at GMT0400, Gold is trading at 1240.97, 0.21% … Continue reading →

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Crude Oil: EIA reported a more than expected fall in the US weekly crude supplies

Posted on January 6, 2014 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 1.32% against the USD for the period ending 21:00GMT, closing at 94.21. However, the losses were capped after the Energy Information Administration (EIA) reported a 7 million barrels drop in the … Continue reading →

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Silver: White metal snaps gains in the Asian trading hours

Posted on January 6, 2014 by GCI Financial

Silver Movement On Friday, Silver prices rose 0.63% to USD20.15 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0400, Silver is trading at 20.14, 0.06% lower from Friday’s close. Silver is expected to find support at … Continue reading →

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Gold: Yellow metal extends its gains on upbeat demand-outlook

Posted on January 6, 2014 by GCI Financial

Gold Movement On Friday Gold prices traded higher by 1.12% against the USD in the period ending 21:00GMT, at 1237.38 per ounce, amid reports of rising physical demand in Asia. In the Asian session, at GMT0400, Gold is trading at … Continue reading →

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Crude Oil: Crude trading lower ahead of EIA data

Posted on January 3, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices declined 3.00% against the USD for the 24 hour period ending 23:00GMT, closing at 95.47, amid a broadly stronger US Dollar. Prices of crude oil also came under pressure after media reports highlighted the … Continue reading →

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Silver: White metal continues to trade higher in the Asian trading hours

Posted on January 3, 2014 by GCI Financial

Silver Movement Silver prices rose 3.46% to USD20.02 per ounce during the 24 hours ending 23:00GMT, amid increased demand by jewellers and industrial units. In the Asian session, at GMT0400, Silver is trading at 20.06, 0.17% higher from yesterday’s close. … Continue reading →

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Gold: Precious metal soars amid bets on strong physical demand in Asia

Posted on January 3, 2014 by GCI Financial

Gold Movement Gold prices traded higher by 1.47% against the USD in the 24 hour period ending 23:00GMT, at 1223.65 per ounce, buoyed by speculations that demand for physical gold would rise in Asia. However, concerns on the pace of … Continue reading →

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