Crude Oil: OPEC boosted its global demand forecast for 2014

Posted on November 13, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices declined 2.00% against the USD for the 24 hour period ending 23:00GMT, closing at 93.10, amid lingering concerns over a pull-back in the Fed’s stimulus measures. The commodity also faced some pressure after the … Continue reading →

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Silver: White metal trading marginally higher, following yesterday’s slump

Posted on November 13, 2013 by GCI Financial

Silver Movement Silver prices declined 2.99% to USD20.72 per ounce during the 24 hours ending 23:00GMT, amid a broad drop in metal prices. In the Asian session, at GMT0400, Silver is trading at 20.72, marginally higher from yesterday’s close. Silver … Continue reading →

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Gold: Yellow metal rebounds from losses in the Asian session

Posted on November 13, 2013 by GCI Financial

Gold Movement Gold prices traded lower by 1.21% against the USD in the 24 hour period ending 23:00GMT, at 1266.81 per ounce, after Dallas Fed President, Richard Fisher’s recent comments on the Fed’s stimulus measures, fuelled fresh speculation for an … Continue reading →

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Crude Oil: Crude reverses its direction in the Asian session

Posted on November 12, 2013 by GCI Financial

Crude Oil prices advanced 0.38% against the USD for the 24 hour period ending 23:00GMT, closing at 95.00. Crude prices received some support from escalating tensions over the supply outlook from the Middle East region after reports indicated that talks … Continue reading →

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Silver: White metal continues to trader lower in the Asian trading hours

Posted on November 12, 2013 by GCI Financial

Silver Movement Silver prices declined 0.36% to USD21.35 per ounce during the 24 hours ending 23:00GMT, following the broad strength in the US dollar. In the Asian session, at GMT0400, Silver is trading at 21.11, 1.16% lower from yesterday’s close. … Continue reading →

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Gold: Yellow metal extends its southward movement

Posted on November 12, 2013 by GCI Financial

Gold Movement Gold prices traded lower by 0.46% against the USD in the 24 hour period ending 23:00GMT, at 1282.34 per ounce, extending losses from Friday, amid speculations that the Fed would begin tapering its stimulus after better-than-expected US jobs … Continue reading →

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Crude Oil: Crude trading higher, following Friday’s losses

Posted on November 11, 2013 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices declined 0.06% against the USD for the period ending 21:00GMT, closing at 94.35, after the US Dollar gained ground against major counterparts following a strong growth in the US non-farm employment data. … Continue reading →

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

Posted on November 11, 2013 by GCI Financial

Silver Movement On Friday, Silver prices declined 0.81% to USD21.49 per ounce during the period ending 21:00GMT, amid a broadly strong US Dollar. In the Asian session, at GMT0400, Silver is trading at 21.37, 0.57% lower from Friday’s close. Silver … Continue reading →

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Gold: Yellow metal trading almost flat after Friday’s fall

Posted on November 11, 2013 by GCI Financial

Gold Movement On Friday Gold prices traded lower by 1.52% against the USD in the period ending 21:00GMT, at 1288.25 per ounce, after the US Dollar strengthened following upbeat US non-farm payrolls data. In the Asian session, at GMT0400, Gold … Continue reading →

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Crude Oil: Crude trading marginally higher, with focus on Iran’s nuclear talks

Posted on November 8, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.47% against the USD for the 24 hour period ending 23:00GMT, closing at 94.41, as a stronger dollar and concerns over Iranian nuclear talks, triggered a sell-off in the commodity. However, the losses … Continue reading →

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Silver: White metal regains lost ground against the US Dollar

Posted on November 8, 2013 by GCI Financial

Silver Movement Silver prices declined 0.61% to USD21.67 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 21.70, 0.13% higher from yesterday’s close. Silver is … Continue reading →

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