Gold: Yellow metal extends its decline but still above 1,300 level

Posted on October 9, 2013 by GCI Financial

Gold Movement Gold prices traded lower by 0.20% against the USD in the 24 hour period ending 23:00GMT, at 1319.80 per ounce, as a stronger US dollar weighed on the demand outlook of the dollar-denominated commodity. In the Asian session, … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Crude trading lower ahead of API data

Posted on October 8, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.26% against the USD for the 24 hour period ending 23:00GMT, closing at 103.16, as a deadlock in the US budget talks raised concerns over the demand outlook of the commodity. In the … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal extends its gains in the morning session

Posted on October 8, 2013 by GCI Financial

Silver Movement Silver prices rose 2.19% to the USD22.31 per ounce during the 24 hours ending 23:00GMT, as a rise in the price of the industrial metals bolstered the demand outlook of the white metal. In the Asian session, at … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal continues to shine in the Asian session

Posted on October 8, 2013 by GCI Financial

Gold Movement Gold prices traded higher by 0.56% against the USD in the 24 hour period ending 23:00GMT, at 1322.47 per ounce, as investors favoured the safe-haven metal amid lingering concerns over a political deadlock in the US budget talks. … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Gulf of Mexico oil output returns to normal after storm

Posted on October 7, 2013 by GCI Financial

Crude Oil Movement On Friday, Crude Oil prices advanced 0.54% against the USD for the period ending 21:00GMT, closing at 103.62, as the supply outlook of the commodity came under pressure after the National Hurricane Centre highlighted the possibility for … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal converging with its MA’s

Posted on October 7, 2013 by GCI Financial

Silver Movement On Friday, Silver prices rose 0.37% to the USD21.76 per ounce during the period ending 21:00GMT, as an enhanced outlook for the demand of the industrial metals, boosted the demand for the white metal. However, the gains were … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal reverses its direction in the Asian session

Posted on October 7, 2013 by GCI Financial

Gold Movement On Friday Gold prices traded lower by 0.38% against the USD in the period ending 21:00GMT, at 1310.93 per ounce, as stronger US Dollar weighed on the demand prospect of the dollar-denominated precious metal. In the Asian session, … Continue reading →

Posted in Gold | Comments Off

Crude Oil: Crude rebounds in the morning session

Posted on October 4, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.74% against the USD for the 24 hour period ending 23:00GMT, closing at 103.06, as a government shut down in the US and a weak US non-manufacturing data weighed on the demand outlook … Continue reading →

Posted in Crude Oil | Comments Off

Silver: White metal declines amid weakness in the prices of industrial metals

Posted on October 4, 2013 by GCI Financial

Silver Movement Silver prices declined 0.33% to the USD21.68 per ounce during the 24 hours ending 23:00GMT, as a decline in the prices of industrial metals dampened the demand outlook of the white metal. In the Asian session, at GMT0300, … Continue reading →

Posted in Silver | Comments Off

Gold: Yellow metal extends its fall in the Asian session

Posted on October 4, 2013 by GCI Financial

Gold Movement Gold prices traded marginally lower against the USD in the 24 hour period ending 23:00GMT, at 1315.99 per ounce, as an upbeat weekly jobless claim data fuelled fresh speculation that strength in the US labour market might facilitate … Continue reading →

Posted in Gold | Comments Off

Crude Oil: EIA reports a bigger-than-expected rise in the weekly US stockpiles

Posted on October 3, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 2.18% against the USD for the 24 hour period ending 23:00GMT, closing at 103.83, as a weakness in the US private sector employment data bolstered the prospect for the Fed to continue with … Continue reading →

Posted in Crude Oil | Comments Off