Crude Oil: EIA reported an unexpected rise in the US weekly crude stockpiles

Posted on November 28, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.37% against the USD for the 24 hour period ending 23:00GMT, closing at 92.25, after the Energy Information Administration (EIA) reported that the US crude supplies rose 2.95 million barrels to 391.4 million, … Continue reading →

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

Posted on November 28, 2013 by GCI Financial

Silver Movement Silver prices declined 0.73% to USD19.71 per ounce during the 24 hours ending 23:00GMT, hurt by a strong US Dollar. In the Asian session, at GMT0400, Silver is trading at 19.69, 0.12% lower from yesterday’s close. Silver is … Continue reading →

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Gold: Yellow metal reverses its direction in the Asian session

Posted on November 28, 2013 by GCI Financial

Gold Movement Gold prices traded lower by 0.22% against the USD in the 24 hour period ending 23:00GMT, at 1240.07 per ounce, amid a broadly stronger greenback on the back of encouraging economic data from the US. In the Asian … Continue reading →

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Crude Oil: API reported a 6.92 million barrels rise in the US crude stockpiles

Posted on November 27, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.78% against the USD for the 24 hour period ending 23:00GMT, closing at 93.53, after the American Petroleum Institute reported that the US crude supplies rose by 6.92 million barrels during the week … Continue reading →

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Silver: White metal trading higher this morning

Posted on November 27, 2013 by GCI Financial

Silver Movement Silver prices declined 1.67% to the USD 19.86 per ounce during the 24 hours ending 23:00GMT, after an impressive housing data from the US, raised speculations that the tapering may become a likely outcome in the near future. … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on November 27, 2013 by GCI Financial

Gold Movement Gold prices traded lower by 0.73% against the USD in the 24 hour period ending 23:00GMT, at 1242.80 per ounce, after encouraging US housing data indicated that the US economy is showing signs of strength and the US … Continue reading →

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Crude Oil: Crude trading marginally higher in the morning session

Posted on November 26, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.43% against the USD for the 24 hour period ending 23:00GMT. In the Asian session, at GMT0400, Crude Oil is trading at 94.30, marginally higher from yesterday’s close. Crude oil is expected to … Continue reading →

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Silver: White metal trading lower, following yesterday’s surge

Posted on November 26, 2013 by GCI Financial

Silver Movement Silver prices rose 1.92% to USD20.19 per ounce during the 24 hours ending 23:00GMT, amid a broadly weaker US Dollar. In the Asian session, at GMT0400, Silver is trading at 20.17, 0.13% lower from yesterday’s close. Silver is … Continue reading →

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Gold: Yellow metal continues to trader higher in the Asian trading hours

Posted on November 26, 2013 by GCI Financial

Gold Movement Gold prices traded higher by 1.12% against the USD in the 24 hour period ending 23:00GMT, at 1251.93 per ounce, as the greenback weakened. In the Asian session, at GMT0400, Gold is trading at 1252.66, 0.06% higher from … Continue reading →

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Crude Oil: Crude trading lower amid waning supply concerns

Posted on November 25, 2013 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 0.51% against the USD for the period ending 21:00GMT, closing at 94.79. In the Asian session, at GMT0400, Crude Oil is trading at 94.00, 0.83% lower from Friday’s close, as concerns … Continue reading →

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Silver: White metals extends its fall in the Asian session

Posted on November 25, 2013 by GCI Financial

Silver Movement On Friday, Silver prices declined 0.75% to USD19.85 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0400, Silver is trading at 19.77, 0.40% lower from Friday’s close. Silver is expected to find support at … Continue reading →

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