Crude Oil: Oil rose on the back of decline in US oil inventory

Posted on January 2, 2014 by GCI Financial

Crude Oil Movement Crude Oil prices were flat against the USD for the 24 hour period ending 23:00GMT, closing at 98.42. However, crude oil prices edged up after the American Petroleum Institute (API) reported US oil supplies slid 5.67 million … Continue reading →

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Silver: White metal trading above its MA’s

Posted on January 2, 2014 by GCI Financial

Silver Movement Silver prices declined 0.44% to USD 19.36 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 20.17, 4.21% higher from yesterday’s close. Silver is expected to find support at … Continue reading →

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Gold: Yellow metal extends its gains in the Asian session

Posted on January 2, 2014 by GCI Financial

Gold Movement Gold prices traded marginally higher against the USD in the 24 hour period ending 23:00GMT, at 1205.93 per ounce. In the Asian session, at GMT0400, Gold is trading at 1224.15, 1.51% higher from yesterday’s close. Gold is expected … Continue reading →

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Crude Oil: Crude falls on soft US housing data, talk of rising Libyan output

Posted on December 31, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.88% against the USD for the 24 hour period ending 23:00GMT, closing at 99.33, after disappointing US home sales figures reignited fears of the outlook of the nation, lead to a speculation that … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on December 31, 2013 by GCI Financial

Silver Movement Silver prices declined 2.60% to USD 19.62 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 19.48, 0.70% lower from yesterday’s close. Silver is expected to find support at … Continue reading →

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Gold: Yellow metal trading tad higher this morning

Posted on December 31, 2013 by GCI Financial

Gold Movement Gold prices traded lower by 1.46% against the USD in the 24 hour period ending 23:00GMT, at 1197.94 per ounce. In the Asian session, at GMT0400, Gold is trading at 1198.34, marginally higher from yesterday’s close. Gold is … Continue reading →

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Crude Oil: Crude trading higher as US oil stockpiles declined

Posted on December 30, 2013 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 100.18, after the government data indicated a larger-than-expected decline in US inventories. The Energy Information Administration (EIA) reported that the … Continue reading →

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Silver: White metal reverses its gains this morning

Posted on December 30, 2013 by GCI Financial

Silver Movement On Friday, Silver prices rose 1.24% to USD 20.06 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0400, Silver is trading at 19.88, 0.91% lower from Friday’s close. Silver is expected to find support … Continue reading →

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Gold: Yellow metal reverses its gains in the Asian session

Posted on December 30, 2013 by GCI Financial

Gold Movement On Friday Gold prices traded higher by 0.28% against the USD in the period ending 21:00GMT, at 1214.32 per ounce. In the Asian session, at GMT0400, Gold is trading at 1210.22, 0.34% lower from Friday’s close. Gold is … Continue reading →

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Crude Oil: Crude trading lower ahead of its US stockpiles report

Posted on December 27, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.57% against the USD for the 24 hour period ending 23:00GMT, closing at 99.61, as the demand outlook improved after upbeat jobless claims data in the US added to signs of an improvement … Continue reading →

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Silver: White metal trading above its MA’s

Posted on December 27, 2013 by GCI Financial

Silver Movement Silver prices rose 1.66% to USD 19.82 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 19.83, 0.10% higher from yesterday’s close. Silver is expected to find support at … Continue reading →

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