Gold: Yellow metal extends its gains this morning

Posted on December 27, 2013 by GCI Financial

Gold Movement Gold prices traded higher by 0.59% against the USD in the 24 hour period ending 23:00GMT, at 1210.93 per ounce, on rising physical demand from Asia. In the Asian session, at GMT0400, Gold is trading at 1211.83, 0.07% … Continue reading →

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Crude Oil: Trading higher ahead of the API data

Posted on December 24, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.61% against the USD for the 24 hour period ending 23:00GMT, closing at 98.58, as traders booked profits. However, refinery strikes in France and internal strife in producers Libya and South Sudan checked … Continue reading →

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Silver: White metal converging with its MA’s

Posted on December 24, 2013 by GCI Financial

Silver Movement Silver prices marginally rose to USD 19.45 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 19.38, 0.39% lower from yesterday’s close. Silver is expected to find support at … Continue reading →

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Gold: Yellow metal trading almost flat in the Asian session

Posted on December 24, 2013 by GCI Financial

Gold Movement Gold prices traded lower by 0.55% against the USD in the 24 hour period ending 23:00GMT, at 1198.72 per ounce, as the yellow metal lost its safe haven allure as the investor risk appetite increased after upbeat US … Continue reading →

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Crude Oil: Oil market will stay balanced and stable next year, indicates OPEC

Posted on December 23, 2013 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices advanced 0.46% against the USD for the period ending 21:00GMT, closing at 99.14, following an upward revision of the US third-quarter economic growth, which buoyed energy-demand prospects ahead of a holiday-shortened week. … Continue reading →

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Silver: White metal converging with its MA’s

Posted on December 23, 2013 by GCI Financial

Silver Movement On Friday, Silver prices rose 0.68% to USD 19.37 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0400, Silver is trading at 19.36, 0.08% lower from Friday’s close. Silver is expected to find support … Continue reading →

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Gold: Yellow metal tad higher in the Asian session

Posted on December 23, 2013 by GCI Financial

Gold Movement On Friday Gold prices traded higher by 0.97% against the USD in the period ending 21:00GMT, at 1201.93 per ounce. However, gains were limited as the US Dollar was buoyed by data showing that the US economy grew … Continue reading →

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Crude Oil: Crude trading above both its MA’s

Posted on December 20, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.99% against the USD for the 24 hour period ending 23:00GMT, closing at 98.69. In the Asian session, at GMT0400, Crude Oil is trading at 98.87, 0.18% higher from yesterday’s close amid continued … Continue reading →

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Silver: White metal reverses its losses in the Asian session

Posted on December 20, 2013 by GCI Financial

Silver Movement Silver prices declined 2.44% to USD19.24 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 19.27, 0.16% higher from yesterday’s close. Silver is expected to find support at 18.96, … Continue reading →

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Gold: Yellow metal trading higher this morning

Posted on December 20, 2013 by GCI Financial

Gold Movement Gold prices traded lower by 2.35% against the USD in the 24 hour period ending 23:00GMT, at 1190.36 per ounce, in the wake of the Federal Reserve’s announcement to begin scaling back of its monthly bond-buying program. In … Continue reading →

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Crude Oil: US Crude inventories slid last week, EIA

Posted on December 19, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.41% against the USD for the 24 hour period ending 23:00GMT, closing at 97.72, after the Federal Reserve announced that it would start scaling back its bond-buying programme from next month, which indicated … Continue reading →

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