Silver: White metal extends its fall in the Asian trading hours

Posted on November 19, 2013 by GCI Financial

Silver Movement Silver prices declined 2.04% to USD20.39 per ounce during the 24 hours ending 23:00GMT, after comments from two of the top Fed officials spurred fresh speculation for an early tapering. In the Asian session, at GMT0400, Silver is … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal tad higher this morning

Posted on November 19, 2013 by GCI Financial

Gold Movement Gold prices traded lower by 1.16% against the USD in the 24 hour period ending 23:00GMT, at 1274.40 per ounce, as speculation for an earlier-than-expected Fed tapering was strengthened after the New York Fed President, William Dudley expressed … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Saudi Arabia crude export rose the most in eight years in September

Posted on November 18, 2013 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 0.22% against the USD for the period ending 21:00GMT, closing at 93.73, as an un expected decline in the US industrial production data for October, triggered a sell-off in the commodity. … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal extends its losing streak

Posted on November 18, 2013 by GCI Financial

Silver Movement On Friday, Silver prices declined 0.13% to USD20.77 per ounce during the period ending 21:00GMT, amid a broad decline in metal prices. In the Asian session, at GMT0400, Silver is trading at 20.74, 0.11% lower from Friday’s close. … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal moves southward in the Asian trading hours

Posted on November 18, 2013 by GCI Financial

Gold Movement On Friday Gold prices ended mostly flat against the USD in the period ending 21:00GMT, at 1288.21 per ounce, erasing previous session gains, as investors took a breather from applauding the incoming Fed Chief, Janet Yellen’s dovish comments … Continue reading →

Posted in Gold | Comments Off

Crude Oil: EIA reported a more than expected surge in the US crude inventories

Posted on November 15, 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 93.94 after the International Energy Agency (IEA) reported that oil production in the Organization of the Petroleum Exporting Countries (OPEC) … Continue reading →

Posted in Crude Oil | Comments Off

Silver: US Mint broke its yearly sales record for American Eagle silver coins on Tuesday

Posted on November 15, 2013 by GCI Financial

Silver Movement Silver prices rose 0.54% to USD20.79 per ounce during the 24 hours ending 23:00GMT, after reports showed that US Mint sales of the American Eagle one-ounce silver bullion coins hit an annual record on Tuesday. Positive sentiment was … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal holding on to yesterday’s gains

Posted on November 15, 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 1288.27 per ounce, after the nominee for the next Fed Chief, Janet Yellen, during her testimony before the Senate Banking Committee, … Continue reading →

Posted in Gold | Comments Off

Crude Oil: API reported a 599,000 barrels increase in the US crude supplies for the last week

Posted on November 14, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.55% against the USD for the 24 hour period ending 23:00GMT, closing at 93.61, as fresh concerns over the supply outlook from the Middle East region were fuelled after a spokesman for state-run … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal reverses its direction in the morning session

Posted on November 14, 2013 by GCI Financial

Silver Movement Silver prices declined 0.17% to USD20.68 per ounce during the 24 hours ending 23:00GMT, hurt by a broad decline in metal prices. However, losses in the commodity were capped after the US Dollar gave up ground against major … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal extends its winning streak in the Asian session

Posted on November 14, 2013 by GCI Financial

Gold Movement Gold prices traded higher by 1.32% against the USD in the 24 hour period ending 23:00GMT, at 1283.58 per ounce, after the Fed Vice Chairman and a Nominee for the next Fed Chief, Janet Yellen, said that the … Continue reading →

Posted in Gold | Comments Off