Crude Oil: Crude retreats in the negative territory following yesterday’s rise

Posted on September 27, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.46% against the USD for the 24 hour period ending 23:00GMT, closing at 102.80, as positive economic data from the US boosted the demand outlook of the commodity. In the Asian session, at … Continue reading →

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Silver: White metal extends its fall in the morning session

Posted on September 27, 2013 by GCI Financial

Silver Movement Silver prices declined 0.48% to the USD21.69 per ounce during the 24 hours ending 23:00GMT. In a noteworthy event, a five-year investigation by the US Commodity Futures Trading Commission (CFTC) into alleged manipulation of the silver market, accusing … Continue reading →

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Gold: Yellow metal regains ground in the Asian session

Posted on September 27, 2013 by GCI Financial

Gold Movement Gold prices traded lower by 0.82% against the USD in the 24 hour period ending 23:00GMT, at 1322.07 per ounce, as the US Dollar advanced following an unexpected drop in the US weekly jobless claim, which strengthened the … Continue reading →

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Crude Oil: Crude oil marginally higher in the Asian session

Posted on September 26, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.01% against the USD for the 24 hour period ending 23:00GMT, closing at 102.33, as an unexpected rise in the US crude oil inventory and easing Middle East tensions weighed on the demand … Continue reading →

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Silver: White metal converging with its MA’s

Posted on September 26, 2013 by GCI Financial

Silver Movement Silver prices rose 0.18% to the USD21.80 per ounce during the 24 hours ending 23:00GMT. However, mixed signal on the demand outlook of the industrial metals kept the commodity’s gains in check. In the Asian session, at GMT0300, … Continue reading →

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Gold: Yellow metal retreats in the morning session, following a three-day advance

Posted on September 26, 2013 by GCI Financial

Gold Movement Gold prices traded higher by 0.61% against the USD in the 24 hour period ending 23:00GMT, at 1332.95 per ounce, as investors favoured the safe-haven metal amid escalating speculation that the US Senate negotiation over budget might result … Continue reading →

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Crude Oil: API data show small inventory decline

Posted on September 25, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices ended flat against the USD for the 24 hour period ending 23:00GMT, closing at 103.37, as a lackluster US consumer confidence data offset waning supply concerns of the commodity from the Middle East region. … Continue reading →

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Silver: White metal reverses its direction in the morning session

Posted on September 25, 2013 by GCI Financial

Silver Movement Silver prices rose 0.49% to the USD21.76 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 21.75, marginally lower from yesterday’s close. Silver is expected to find support at … Continue reading →

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Gold: Yellow metal snaps its three day losing streak

Posted on September 25, 2013 by GCI Financial

Gold Movement Gold prices traded higher by 0.22% against the USD in the 24 hour period ending 23:00GMT, at 1324.92 per ounce, as lingering uncertainty over Fed’s pace of stimulus measures bolstered the demand outlook of the safe-haven commodity. In … Continue reading →

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Crude Oil: Crude rebounds ahead of Iran nuclear talks

Posted on September 24, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.16% against the USD for the 24 hour period ending 23:00GMT, closing at 103.37, as waning concerns over the supply outlook of the commodity from the Middle East region, continued to exert pressure … Continue reading →

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Silver: White metal rebounds in the Asian session

Posted on September 24, 2013 by GCI Financial

Silver Movement Silver prices declined 1.19% to the USD21.65 per ounce during the 24 hours ending 23:00GMT, as a fall in the prices of the industrial metals dampened the demand outlook of the white metal. In the Asian session, at … Continue reading →

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