Silver: White metal trading lower in the morning session

Posted on November 4, 2013 by GCI Financial

Silver Movement On Friday, Silver prices declined 0.24% to the USD21.88 per ounce during the period ending 21:00GMT, hurt by a stronger dollar and a decline in the price of industrial metals. In the Asian session, at GMT0400, Silver is … Continue reading →

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Gold: Yellow metal extends its fall in the Asian trading hours

Posted on November 4, 2013 by GCI Financial

Gold Movement On Friday Gold prices traded lower by 0.65% against the USD in the period ending 21:00GMT, at 1315.35 per ounce, as a stronger US Dollar weighed on the demand outlook of the dollar-denominated commodity. In the Asian session, … Continue reading →

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Crude Oil: Crude pares losses buoyed by upbeat Chinese manufacturing PMI data

Posted on November 1, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.31% against the USD for the 24 hour period ending 23:00GMT, closing at 96.33, as a more-than-expected surge in the level of US crude stockpiles weighed on the demand outlook for the commodity. … Continue reading →

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Silver: White metal extends its losing streak

Posted on November 1, 2013 by GCI Financial

Silver Movement Silver prices declined 3.03% to the USD21.93 per ounce during the 24 hours ending 23:00GMT, amid a broad decline in precious metals. In the Asian session, at GMT0400, Silver is trading at 21.90, 0.16% lower from yesterday’s close. … Continue reading →

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Gold: Yellow metal reverses its direction in the Asian session

Posted on November 1, 2013 by GCI Financial

Gold Movement Gold prices traded lower by 1.27% against the USD in the 24 hour period ending 23:00GMT, at 1324.02 per ounce, as a stronger US Dollar and lingering concerns on the Fed’s pace of stimulus measures weighed on the … Continue reading →

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Crude Oil: EIA reported a more than expected rise in the US crude supplies for a sixth straight week

Posted on October 31, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.94% against the USD for the 24 hour period ending 23:00GMT, closing at 96.63, after the Energy Information Administration (EIA) reported that the US crude supplies rose 4.1 million barrels for the week … Continue reading →

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Silver: White metal reverses its direction in the Asian trading hours

Posted on October 31, 2013 by GCI Financial

Silver Movement Silver prices rose 0.52% to the USD22.62 per ounce during the 24 hours ending 23:00GMT. However, a stronger US Dollar kept the commodity’s gains in check. In the Asian session, at GMT0400, Silver is trading at 22.40, 0.95% … Continue reading →

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Gold: Yellow metal continues to lose its shine in the Asian session

Posted on October 31, 2013 by GCI Financial

Gold Movement Gold prices traded lower by 0.23% against the USD in the 24 hour period ending 23:00GMT, at 1341.09 per ounce, as the US Dollar gained ground against major counterparts after the Fed decided to maintain the size of … Continue reading →

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

Posted on October 30, 2013 by GCI Financial

Crude Oil prices declined 0.94% against the USD for the 24 hour period ending 23:00GMT, closing at 97.55, hurt by a stronger dollar. Negative sentiment was also fuelled after American Petroleum Institute (API), reported a 5.9 million barrels rise in … Continue reading →

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Silver: White metal extends its gains in the morning session

Posted on October 30, 2013 by GCI Financial

Silver Movement Silver prices rose 0.11% to the USD22.50 per ounce during the 24 hours ending 23:00GMT, tracking gains in the prices of industrial metals. In the Asian session, at GMT0400, Silver is trading at 22.51, marginally higher from yesterday’s … Continue reading →

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Gold: Yellow metal trading steady in the Asian session

Posted on October 30, 2013 by GCI Financial

Gold Movement Gold prices traded lower by 0.58% against the USD in the 24 hour period ending 23:00GMT, at 1344.23 per ounce, as a stronger dollar weighed on the demand prospect of the dollar-denominated commodity. In the Asian session, at … Continue reading →

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