Silver: White metal retreats in the negative territory

Posted on October 3, 2013 by GCI Financial

Silver Movement Silver prices rose 2.77% to the USD21.75 per ounce during the 24 hours ending 23:00GMT, as a decline in the US Dollar, bolstered the demand outlook of the dollar-denominated commodity. In the Asian session, at GMT0300, Silver is … Continue reading →

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Gold: Yellow metal gives up former gains in the Asian session

Posted on October 3, 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 1316.22 per ounce, as investors took refuge in the safe-haven metal amid a US government shutdown. Gold prices also received some … Continue reading →

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Crude Oil: API reported a 4.55 million barrels surge in the weekly US stockpiles

Posted on October 2, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices declined 0.72% against the USD for the 24 hour period ending 23:00GMT, closing at 101.61, as a US government shutdown dimmed the demand outlook of the commodity. Negative sentiment was also fuelled after the … Continue reading →

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Silver: White metal rebounds from losses in the morning session

Posted on October 2, 2013 by GCI Financial

Silver Movement Silver prices declined 2.39% to the USD21.16 per ounce during the 24 hours ending 23:00GMT, as a decline in the prices of the industrial metals weighed on the demand prospects of the commodity. In the Asian session, at … Continue reading →

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Gold: Yellow metal trading below crucial $1300 per ounce

Posted on October 2, 2013 by GCI Financial

Gold Movement Gold prices traded lower by 2.93% against the USD in the 24 hour period ending 23:00GMT, at 1289.77 per ounce, as lack of buying support and the limited profit potential were enough to convince traders to book profits … Continue reading →

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Crude Oil: Crude snaps gains amid concerns over US budget talks and after a lackluster Chinese manufacturing report

Posted on October 1, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.24% against the USD for the 24 hour period ending 23:00GMT, closing at 102.35. In the Asian session, at GMT0300, Crude Oil is trading at 102.00, 0.34% lower from yesterday’s close, as looming … Continue reading →

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Silver: White metal pares losses in the Asian session

Posted on October 1, 2013 by GCI Financial

Silver Movement Silver prices declined 0.72% to the USD21.68 per ounce during the 24 hours ending 23:00GMT, as looming tensions over a possible US shutdown dimmed the demand prospect of the commodity. In the Asian session, at GMT0300, Silver is … Continue reading →

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Gold: Yellow metal steady amid US budget talks

Posted on October 1, 2013 by GCI Financial

Gold Movement Gold prices traded lower by 0.98% against the USD in the 24 hour period ending 23:00GMT, at 1328.69 per ounce, as concerns over a possible US government showdown weighed on the demand prospect of the precious metal. In … Continue reading →

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Crude Oil: UN Security Council unanimously agreed to the Syrian chemical weapons resolution

Posted on September 30, 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 102.83, as a decline in the US Dollar and subsiding concerns over supply from the Middle East region, bolstered the … Continue reading →

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Silver: White metal trims gains in the morning session

Posted on September 30, 2013 by GCI Financial

Silver Movement On Friday, Silver prices rose 0.18% to the USD21.73 per ounce during the period ending 21:00GMT, as a decline in the US Dollar and an enhanced outlook for the demand of industrial metals, buoyed the prices of the … Continue reading →

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Gold: Yellow metal continues to shine in the Asian session

Posted on September 30, 2013 by GCI Financial

Gold Movement On Friday Gold prices traded higher by 1.03% against the USD in the period ending 21:00GMT, at 1335.66 per ounce, as lingering concerns over a possible US government shut down, bolstered the demand outlook of the safe-haven metal. … Continue reading →

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