Silver: White metal pares its gains in the morning trading hours

Posted on October 18, 2013 by GCI Financial

Silver Movement Silver prices rose 2.47% to the USD21.85 per ounce during the 24 hours ending 23:00GMT, buoyed by a weakness in the US Dollar. In the Asian session, at GMT0300, Silver is trading at 21.80, 0.23% lower from yesterday’s … Continue reading →

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Gold: Yellow metal tad lower, following yesterday’s surge

Posted on October 18, 2013 by GCI Financial

Gold Movement Gold prices traded higher by 2.92% against the USD in the 24 hour period ending 23:00GMT, at 1318.08 per ounce, as a weaker US Dollar bolstered the demand outlook of the dollar-denominated commodity. The US Dollar gave up … Continue reading →

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

Posted on October 17, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.07% against the USD for the 24 hour period ending 23:00GMT, closing at 102.17, as the demand outlook of the commodity was bolstered after the US lawmakers agreed to increase the nation’s debt … Continue reading →

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Silver: White metal trading lower, following a rise in the previous session

Posted on October 17, 2013 by GCI Financial

Silver Movement Silver prices rose 0.37% to the USD21.32 per ounce during the 24 hours ending 23:00GMT, as the reopening of a government shutdown in the US after an agreement to end the debt impasses, bolstered the demand outlook of … Continue reading →

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Gold: Yellow metal continues to rise on US budget deal optimism

Posted on October 17, 2013 by GCI Financial

Gold Movement Gold prices traded higher by 0.20% against the USD in the 24 hour period ending 23:00GMT, at 1280.74 per ounce, as the US Senate reached an agreement on raising the nation’s debt ceiling, a move that facilitates the … Continue reading →

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Crude Oil: Crude rebounds in the Asian session

Posted on October 16, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.17% against the USD for the 24 hour period ending 23:00GMT, closing at 101.09, as concerns over the US impasses and Iran’s nuclear deal talks weighed on investors sentiment. In Geneva, Iran’s two-day … Continue reading →

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Silver: White metal snaps its previous session’s decline

Posted on October 16, 2013 by GCI Financial

Silver Movement Silver prices declined 0.08% to the USD21.24 per ounce during the 24 hours ending 23:00GMT, as a decline in the price of industrial metal spooked investors’ confidence in white metal. In the Asian session, at GMT0300, Silver is … Continue reading →

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Gold: Yellow metal advances amid US budget concerns

Posted on October 16, 2013 by GCI Financial

Gold Movement Gold prices traded higher by 0.46% against the USD in the 24 hour period ending 23:00GMT, at 1278.18 per ounce, as investors favoured the safe-haven commodity, amid concerns over the US budget talks ahead of its looming Thursday … Continue reading →

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Crude Oil: Oil lower ahead of Iran talks

Posted on October 15, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.85% against the USD for the 24 hour period ending 23:00GMT, closing at 102.29, after an upbeat growth in the Euro-zone’s industrial production activities bolstered the demand outlook of the commodity in the … Continue reading →

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Silver: White metals extends its fall in the Asian session

Posted on October 15, 2013 by GCI Financial

Silver Movement Silver prices declined 0.32% to the USD21.26 per ounce during the 24 hours ending 23:00GMT, as investors refrained from taking riskier bets in the white metal amid lingering uncertainty over the outcome of the US budget talks. In … Continue reading →

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Gold: Yellow metal reverses its direction in the morning session

Posted on October 15, 2013 by GCI Financial

Gold Movement Gold prices traded lower by 0.12% against the USD in the 24 hour period ending 23:00GMT, at 1272.32 per ounce, on speculation that the US lawmakers would devise a deal to avert a possible default of the world’s … Continue reading →

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