Gold: Precious metal maintains its shine in the morning session

Posted on December 10, 2013 by GCI Financial

Gold Movement Gold prices traded higher by 0.67% against the USD in the 24 hour period ending 23:00GMT, at 1239.97 per ounce, amid bargain hunting. However, the gold prices dropped after a few key Fed policymakers, hinted that a recent … Continue reading →

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Crude Oil: Crude trading higher in the Asian trading hours

Posted on December 9, 2013 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices advanced 0.27% against the USD for the period ending 21:00GMT, closing at 97.70, as an upbeat rise in the US employment data bolstered the demand outlook of the commodity in the nation, … Continue reading →

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Silver: White metal extends its winning streak in the morning session

Posted on December 9, 2013 by GCI Financial

Silver Movement On Friday, Silver prices rose 0.54% to USD19.49 per ounce during the period ending 21:00GMT, amid a broad gain in metal prices. In the Asian session, at GMT0400, Silver is trading at 19.52, 0.16% higher from Friday’s close. … Continue reading →

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Gold: Yellow metal continues to shine in the Asian session

Posted on December 9, 2013 by GCI Financial

Gold Movement On Friday Gold prices traded higher by 0.25% against the USD in the period ending 21:00GMT, at 1228.40 per ounce, after Chicago Fed President, Charles Evans, eased concerns over an earlier-than-expected tapering of Fed stimulus measures, stating that … Continue reading →

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Crude Oil: Oil prices showing convergence with both its MA’s

Posted on December 6, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.25% against the USD for the 24 hour period ending 23:00GMT, closing at 97.44, as upbeat US economic data indicated resurgent demand in the world’s biggest economy. In the Asian session, at GMT0400, … Continue reading →

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Silver: White metal extends its losses in the Asian session

Posted on December 6, 2013 by GCI Financial

Silver Movement Silver prices declined 1.50% to USD19.39 per ounce during the 24 hours ending 23:00GMT, amid a broadly strong dollar. In the Asian session, at GMT0400, Silver is trading at 19.35, 0.20% lower from yesterday’s close. Silver is expected … Continue reading →

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Gold: Gold stable in the Asian session

Posted on December 6, 2013 by GCI Financial

Gold Movement Gold prices traded lower by 1.41% against the USD in the 24 hour period ending 23:00GMT, at 1225.35 per ounce, as positive data from the US diminished the precious metal’s safe-haven appeal. Economic data released yesterday indicated that … Continue reading →

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Crude Oil: EIA reveals a decline in US crude oil inventories

Posted on December 5, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.35% against the USD for the 24 hour period ending 23:00GMT, closing at 97.20, after the US Energy Information Administration (EIA) indicated that crude supplies unexpectedly fell by 5.6 million barrels for the … Continue reading →

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Silver: White metal trading above its MA’s

Posted on December 5, 2013 by GCI Financial

Silver Movement Silver prices rose 2.89% to USD 19.68 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 19.64, 0.23% lower from yesterday’s close. Silver is expected to find support at … Continue reading →

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Gold: Yellow metal reverses its direction in the Asian session

Posted on December 5, 2013 by GCI Financial

Gold Movement Gold prices traded higher by 1.55% against the USD in the 24 hour period ending 23:00GMT, at 1242.90 per ounce. However, the release of upbeat ADP report on private sector job creation, as well as data on new … Continue reading →

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Crude Oil: Oil prices is trading higher ahead of the OPEC meeting

Posted on December 4, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 3.14% against the USD for the 24 hour period ending 23:00GMT, closing at 96.86, after the American Petroleum Institute (API) reported that the crude inventories shrank by 12.4 million barrels last week. In … Continue reading →

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