Silver: White metal continues to trade lower in the morning session

Posted on December 4, 2013 by GCI Financial

Silver Movement Silver prices declined 0.36% to USD19.13 per ounce during the 24 hours ending 23:00GMT, after a leading broker cut its price forecast on the metal to $20.50 an ounce from $25 for 2014. In the Asian session, at … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal pares its gains in the Asian session

Posted on December 4, 2013 by GCI Financial

Gold Movement Gold prices traded higher by 0.21% against the USD in the 24 hour period ending 23:00GMT, at 1223.94 per ounce. However, the gains in the gold prices were capped, after a leading brokerage house slashed its 2014-forecast on … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Crude extends its gains in the Asian trading hours

Posted on December 3, 2013 by GCI Financial

Crude Oil prices advanced 1.22% against the USD for the 24 hour period ending 23:00GMT, closing at 93.91, as the latest batch of upbeat manufacturing PMI data from the US, the Euro-zone and China, bolstered the demand-outlook of the commodity. … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: White metal regains some lost ground in the Asian session

Posted on December 3, 2013 by GCI Financial

Silver Movement Silver prices declined 3.75% to USD19.20 per ounce during the 24 hours ending 23:00GMT, amid a broadly stronger US Dollar. In the Asian session, at GMT0400, Silver is trading at 19.24, 0.21% higher from yesterday’s close. Silver is … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading steady this morning

Posted on December 3, 2013 by GCI Financial

Gold Movement Gold prices traded lower by 2.27% against the USD in the 24 hour period ending 23:00GMT, at 1221.40 per ounce, as the US Dollar strengthened after the ISM manufacturing PMI unexpectedly rose in November. In the Asian session, … Continue reading →

Posted in Gold | Comments Off

Crude Oil: OPEC crude production dropped to a two-year low in November

Posted on December 2, 2013 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices advanced 0.81% against the USD for the period ending 21:00GMT, closing at 93.05, as a weaker US Dollar bolstered the demand outlook of the dollar-denominated commodity. In the Asian session, at GMT0400, … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal trading lower in the morning session

Posted on December 2, 2013 by GCI Financial

Silver Movement On Friday, Silver prices rose 1.25% to USD19.99 per ounce during the period ending 21:00GMT, buoyed by a broadly weaker dollar. In the Asian session, at GMT0400, Silver is trading at 19.83, 0.78% lower from Friday’s close. Silver … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal trading lower in Asian session, following Friday’s gain

Posted on December 2, 2013 by GCI Financial

Gold Movement On Friday Gold prices traded higher by 0.69% against the USD in the period ending 21:00GMT, at 1253.30 per ounce, amid weakness in the US Dollar. In the Asian session, at GMT0400, Gold is trading at 1246.74, 0.52% … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Crude oil tad lower this morning

Posted on November 29, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices advanced marginally against the USD for the 24 hour period ending 23:00GMT, closing at 92.30. In the Asian session, at GMT0400, Crude Oil is trading at 92.25, slightly lower from yesterday’s close. Crude oil … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal continues to trade higher in the Asian session

Posted on November 29, 2013 by GCI Financial

Silver Movement Silver prices rose 0.15% to USD19.74 per ounce during the 24 hours ending 23:00GMT, amid a weaker US Dollar. In the Asian session, at GMT0400, Silver is trading at 19.77, 0.12% higher from yesterday’s close. Silver is expected … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal turn southwards in the Asian trading hours

Posted on November 29, 2013 by GCI Financial

Gold Movement Gold prices traded higher by 0.37% against the USD in the 24 hour period ending 23:00GMT, at 1244.72 per ounce, amid a slightly weaker dollar. Positive sentiment for the yellow metal was also fuelled after data showed that … Continue reading →

Posted in Gold | Comments Off