Gold: Yellow metal trading lower amid a pull-back in demand for safe-haven assets

Posted on November 25, 2013 by GCI Financial

Gold Movement On Friday Gold prices traded lower by 0.14% against the USD in the period ending 21:00GMT, at 1242.28 per ounce. In the Asian session, at GMT0400, Gold is trading at 1240.50, 0.14% lower from Friday’s close, as demand … Continue reading →

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Crude Oil: Crude trading lower in the Asian trading hours

Posted on November 22, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.58% against the USD for the 24 hour period ending 23:00GMT, closing at 95.28, after reports showed that optimism for a nuclear deal with Iran waned. The Iranian Deputy Foreign Minister, Abbas Araghchi, … Continue reading →

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Silver: White metal trading lower

Posted on November 22, 2013 by GCI Financial

Silver Movement Silver prices rose 0.44% to USD20.00 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 19.99, marginally lower from yesterday’s close. Silver is expected to find support at 19.80, … Continue reading →

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Gold: Yellow metal continues trading lower in the Asian session

Posted on November 22, 2013 by GCI Financial

Gold Movement Gold prices traded lower by 0.09% against the USD in the 24 hour period ending 23:00GMT, at 1244.04 per ounce, after an upbeat US employment data strengthened the prospect for the Fed to start tapering the size of … Continue reading →

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Crude Oil: Crude pares its gains in the Asian session

Posted on November 21, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.49% against the USD for the 24 hour period ending 23:00GMT, closing at 93.80, after the Energy Information Administration (EIA) reported a less-than-expected 375,000 barrels increase in the US crude stockpiles for the … Continue reading →

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Silver: White metal extends its losing streak

Posted on November 21, 2013 by GCI Financial

Silver Movement Silver prices declined 2.33% to USD19.91 per ounce during the 24 hours ending 23:00GMT, hurt by a stronger US Dollar. In the Asian session, at GMT0400, Silver is trading at 19.86, 0.28% lower from yesterday’s close. Silver is … Continue reading →

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Gold: Yellow metal reverses its direction in the morning session

Posted on November 21, 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 1245.20 per ounce, after the minutes from the Fed’s latest policy meeting signalled that the FOMC might slow down the pace … Continue reading →

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Crude Oil: API reported a less than expected rise in the US weekly crude inventories

Posted on November 20, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.38% against the USD for the 24 hour period ending 23:00GMT, closing at 93.34, as the greenback weakened, following dovish speeches from two of the top Fed policymakers. Meanwhile, late Tuesday, the American … Continue reading →

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Silver: White metal moves northward in the morning session

Posted on November 20, 2013 by GCI Financial

Silver Movement Silver prices traded almost flat at USD20.39 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 20.45, 0.30% higher from yesterday’s close, amid a broadly weak dollar. Silver is … Continue reading →

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Gold: Yellow metal steady in the Asian trading hours

Posted on November 20, 2013 by GCI Financial

Gold Movement Gold prices traded higher by 0.06% against the USD in the 24 hour period ending 23:00GMT, at 1275.21 per ounce, as a weakness in the US Dollar bolstered the demand outlook of the dollar-denominated commodity. The US Dollar … Continue reading →

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Crude Oil: Oil continues to trade lower in the Asian session

Posted on November 19, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.83% against the USD for the 24 hour period ending 23:00GMT, closing at 92.99, amid worries that oil demand could weaken after US Federal Reserve policy maker suggested the central bank may taper … Continue reading →

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