Silver: White metal trading below both its MA’s

Posted on December 19, 2013 by GCI Financial

Silver Movement Silver prices declined 0.95% to USD19.72 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices. In the Asian session, at GMT0400, Silver is trading at 19.55, 0.88% lower from yesterday’s close. Silver is expected … Continue reading →

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Gold: Gold prices fluctuate in the aftermath of Fed’s decision

Posted on December 19, 2013 by GCI Financial

Gold Movement Gold prices traded lower by 1.10% against the USD in the 24 hour period ending 23:00GMT, at 1219.00 per ounce, after the Federal Reserve announced a $10 billion a month-bond buying reduction, beginning in January 2014. In the … Continue reading →

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Crude Oil: API reports decline in US crude inventories

Posted on December 18, 2013 by GCI Financial

Crude Oil Movement Crude oil prices marginally declined against the USD for the 24 hour period ending 23:00GMT, closing at 97.32. However, losses were capped after the American Petroleum Institute (API) reported a 2.5 million-barrel fall in US crude supplies … Continue reading →

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

Posted on December 18, 2013 by GCI Financial

Silver Movement Silver prices declined 0.51% to USD 19.91 per ounce during the 24 hours ending 23:00GMT, with investors awaiting the outcome of the Federal Reserve’s highly anticipated policy meeting later today. In the Asian session, at GMT0400, Silver is … Continue reading →

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Gold: Yellow metal reverses its losses in the Asian session

Posted on December 18, 2013 by GCI Financial

Gold Movement Gold prices traded lower by 0.75% against the USD in the 24 hour period ending 23:00GMT, at 1232.61 per ounce, as speculation rose that the US Federal Reserve may begin tapering its quantitative easing program after the conclusion … Continue reading →

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Crude Oil: Crude price reverses its gains in the Asian session

Posted on December 17, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.65% against the USD for the 24 hour period ending 23:00GMT, closing at 97.35, after encouraging data from the Euro-zone offered signals that the region’s economy is on the mend and as supply … Continue reading →

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Silver: White metal trading above both its MA’s

Posted on December 17, 2013 by GCI Financial

Silver Movement Silver prices rose 1.73% to USD 20.02 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 19.94, 0.36% lower from yesterday’s close. Silver is expected to find support at … Continue reading →

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Gold: Yellow metal edges higher ahead of the Fed outcome

Posted on December 17, 2013 by GCI Financial

Gold Movement Gold prices traded higher by 0.31% against the USD in the 24 hour period ending 23:00GMT, at 1241.89 per ounce, ahead of a policy decision from the Federal Reserve on its bullion-friendly stimulus measures. Meanwhile, the SPDR Gold … Continue reading →

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Crude Oil: Crude oil trading below its MA’s

Posted on December 16, 2013 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 1.04% against the USD for the period ending 21:00GMT, closing at 96.47, on rising speculation that the Federal Reserve would announce a pullback in its bond-buying program in its policy meeting. … Continue reading →

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Silver: Disappointing Chinese manufacturing data pulls silver down

Posted on December 16, 2013 by GCI Financial

Silver Movement On Friday, Silver prices declined 0.87% to USD 19.70 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0400, Silver is trading at 19.60, 0.48% lower from Friday’s close, after data showed that growth in … Continue reading →

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Gold: Yellow metal eases as Fed meeting looms

Posted on December 16, 2013 by GCI Financial

Gold Movement On Friday Gold prices traded higher by 0.91% against the USD in the period ending 21:00GMT, at 1237.93 per ounce. In the Asian session, at GMT0400, Gold is trading at 1235.50, 0.20% lower from Friday’s close, as nervous … Continue reading →

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