Crude Oil: Crude gives up former gains amid easing supply concerns from Libya

Posted on October 29, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.86% against the USD for the 24 hour period ending 23:00GMT, closing at 98.48. In the Asian session, at GMT0400, Crude Oil is trading at 98.46, tad lower from yesterday’s close, as supply … Continue reading →

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Silver: White metal snaps losses in the Asian trading hours

Posted on October 29, 2013 by GCI Financial

Silver Movement Silver prices declined 0.60% to the USD22.48 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 22.53, 0.22% higher from yesterday’s close. Silver … Continue reading →

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Gold: Yellow metal pares losses on strong demand prospects from India

Posted on October 29, 2013 by GCI Financial

Gold Movement Gold prices traded marginally lower against the USD in the 24 hour period ending 23:00GMT, at 1352.13 per ounce, as a stronger US Dollar weighed on the demand prospect of the dollar denominated commodity. Prices of the yellow … Continue reading →

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Crude Oil: Investors await outcome of Fed Policy meeting and Iran talks

Posted on October 28, 2013 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices advanced 0.66% against the USD for the period ending 21:00GMT, closing at 97.86, as a more-than-expected rise in the US durable goods orders during September, bolstered the demand prospect of the commodity … Continue reading →

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Silver: White metal trading tad lower

Posted on October 28, 2013 by GCI Financial

Silver Movement On Friday, Silver prices declined 0.68% to the USD22.57 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0400, Silver is trading at 22.56, tad lower from Friday’s close. Silver is expected to find support … Continue reading →

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Gold: Yellow metal pares its gains in the Asian session

Posted on October 28, 2013 by GCI Financial

Gold Movement On Friday Gold prices traded higher by 0.46% against the USD for the period ending 21:00GMT, at 1352.70 per ounce, as positive sentiment was fuelled amid speculation that upcoming festive season in India might boost demand for the … Continue reading →

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Crude Oil: Crude oil extends its wining streak in the morning session

Posted on October 25, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.12% against the USD for the 24 hour period ending 23:00GMT, closing at 97.22, after a report showed that manufacturing activities in China, world’s second largest consumer of crude oil, rose more than … Continue reading →

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Silver: White metal reverses its direction in the Asian session

Posted on October 25, 2013 by GCI Financial

Silver Movement Silver prices rose 0.65% to the USD22.72 per ounce during the 24 hours ending 23:00GMT, as a weaker US dollar bolstered the demand outlook of the dollar denominated commodity. In the Asian session, at GMT0300, Silver is trading … Continue reading →

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Gold: Yellow metal pares its five-week gain in the morning session

Posted on October 25, 2013 by GCI Financial

Gold Movement Gold prices traded higher by 1.00% against the USD in the 24 hour period ending 23:00GMT, at 1346.47 per ounce, as an upbeat rise in China’s HSBC manufacturing PMI bolstered the demand prospect of the commodity. The prices … Continue reading →

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Crude Oil: EIA reported a more-than-expected surge in the weekly US crude stockpiles

Posted on October 24, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.08% against the USD for the 24 hour period ending 23:00GMT, closing at 97.10, after the Energy Information Administration (EIA) reported that the US crude stockpiles climbed more than expected 5.25 million barrels … Continue reading →

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Silver: White metal trading higher this morning, following yesterday’s fall

Posted on October 24, 2013 by GCI Financial

Silver Movement Silver prices declined 0.81% to the USD22.58 per ounce during the 24 hours ending 23:00GMT, as a decline in the prices of industrial metals spooked investors’ confidence in the demand outlook of the white metal. In the Asian … Continue reading →

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