Gold: Yellow metal rebounds on strong Chinese PMI data

Posted on October 24, 2013 by GCI Financial

Gold Movement Gold prices traded lower by 0.61% against the USD in the 24 hour period ending 23:00GMT, at 1333.14 per ounce, as the demand outlook of the dollar-denominated precious metal was hit after the US Dollar stabilised following Tuesday’s … Continue reading →

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Crude Oil: API reported a 3 million barrels rise in the US crude stockpiles during the earlier week

Posted on October 23, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.89% against the USD for the 24 hour period ending 23:00GMT, closing at 98.16. Late Tuesday, the American Petroleum Institute (API) reported that the US crude inventories rose 3 million barrels during the … Continue reading →

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

Posted on October 23, 2013 by GCI Financial

Silver Movement Silver prices rose 2.61% to the USD22.76 per ounce during the 24 hours ending 23:00GMT, buoyed by a weakness in the US dollar and a rise in the prices of the industrial metals. In the Asian session, at … Continue reading →

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Gold: Yellow metal pares gains in the Asian session

Posted on October 23, 2013 by GCI Financial

Gold Movement Gold prices traded higher by 2.05% against the USD in the 24 hour period ending 23:00GMT, at 1341.33 per ounce, as weakness in the US Dollar bolstered the demand outlook of the dollar denominated metal. The USD lost … Continue reading →

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Crude Oil: Crude stockpiles rose to a 15-week high in the US, indicates EIA

Posted on October 22, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.73% against the USD for the 24 hour period ending 23:00GMT, closing at 99.04, after the Energy Information Administration (EIA) reported that the US crude supplies surged by 4 million barrels to 374.5 … Continue reading →

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Silver: White metal gives up ground in the morning

Posted on October 22, 2013 by GCI Financial

Silver Movement Silver prices rose 1.11% to the USD22.18 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 22.11, 0.35% lower from yesterday’s close. Silver is expected to find support at … Continue reading →

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Gold: Yellow metal rises in the Asian trading hours

Posted on October 22, 2013 by GCI Financial

Gold Movement Gold prices traded lower by 0.15% against the USD in the 24 hour period ending 23:00GMT, at 1314.40 per ounce, as a stronger US Dollar weighed on the demand prospect of the dollar-denominated commodity. However, the losses were … Continue reading →

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Crude Oil: Crude oil tad lower in the Asian session

Posted on October 21, 2013 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices advanced marginally against the USD for the period ending 21:00GMT, closing at 100.84, after the US Dollar gave up ground against most of its major counterparts and after a report showed that … Continue reading →

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Silver: White metal trading above its MA’s

Posted on October 21, 2013 by GCI Financial

Silver Movement On Friday, Silver prices rose 0.23% to the USD21.90 per ounce during the period ending 21:00GMT, as a decline in the US Dollar and a rise in the prices of industrial metals bolstered the demand outlook of the … Continue reading →

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Gold: Yellow metal pares losses in the morning trading hours

Posted on October 21, 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 1316.28 per ounce, as risk-appetite among investors increased following rally in the global equities markets, which in turn dimmed the demand … Continue reading →

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Crude Oil: Crude extends its losses in the Asian session

Posted on October 18, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.35% against the USD for the 24 hour period ending 23:00GMT, closing at 100.79, as weekly oil inventory data from the American Petroleum Institute released on Wednesday showed that stocks rose for the … Continue reading →

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