Gold: Yellow metal advanced on weak dollar, pares gains in the Asian session

Posted on September 9, 2013 by GCI Financial

Gold Movement On Friday Gold prices traded higher by 1.77% against the USD in the period ending 21:00GMT, at 1391.62 per ounce, as the greenback lost ground following the release of a downbeat US employment data. Gold prices also got … Continue reading →

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Crude Oil: Crude oil advances following EIA data, pares gains in the Asian session

Posted on September 6, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.05% against the USD for the 24 hour period ending 23:00GMT, closing at 108.45, as lingering concern over a possible US military strike on Syria, continued to dampen the supply outlook of the … Continue reading →

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Silver: White metal slid pressurized by stronger dollar, snaps losses this morning

Posted on September 6, 2013 by GCI Financial

Silver Movement Silver prices declined 1.12% to the USD23.18 per ounce during the 24 hours ending 23:00GMT, as upbeat US economic data bolstered the strength of the dollar, thus pressurizing the demand prospect of the dollar-denominated white metal. In the … Continue reading →

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Gold: Yellow metal rebounded from yesterday’s losses in the Asian session

Posted on September 6, 2013 by GCI Financial

Gold Movement Gold prices traded lower by 1.77% against the USD in the 24 hour period ending 23:00GMT, at 1367.38 per ounce, as the dollar rose following the latest batch of upbeat economic release form the US. The yellow metal … Continue reading →

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Crude Oil: Crude Oil seen rising in the Asian hours amid concerns over Syria

Posted on September 5, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices declined 1.06% against the USD for the 24 hour period ending 23:00GMT, closing at 107.32. However the losses were capped on speculation that a limited military strike from the US on Syria could disrupt … Continue reading →

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Silver: White Metal lower, hurt by a decline in demand for industrial metal

Posted on September 5, 2013 by GCI Financial

Silver Movement Silver prices declined 3.57% to the USD 23.44 per ounce during the 24 hours ending 23:00GMT as a decline in the demand for industrial metals spooked investors’ confidence. In the Asian session, at GMT0300, Silver is trading at … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on September 5, 2013 by GCI Financial

Gold Movement Gold prices traded lower by 1.40% against the USD in the 24 hour period ending 23:00GMT, at 1392.00 per ounce, as investors refrained from taking major bets amid ongoing tensions between the US and Syria. However, the losses … Continue reading →

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Crude Oil: Crude Oil pares gains in the Asian session

Posted on September 4, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 1.56% against the USD for the 24 hour period ending 23:00GMT, closing at 108.47, as concerns over the supply prospects of the commodity from the Middle East brewed after US House Speaker, John … Continue reading →

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Silver: White metal down on profit-taking

Posted on September 4, 2013 by GCI Financial

Silver Movement Silver prices rose 0.78% to the USD 24.31 per ounce during the 24 hours ending 23:00GMT, as upbeat Chinese, European and the US manufacturing PMI data bolstered the demand outlook of industrial metal. In the Asian session, at … Continue reading →

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Gold: Yellow metal higher on renewed concerns over Syria

Posted on September 4, 2013 by GCI Financial

Gold Movement Gold prices traded higher by 1.43% against the USD in the 24 hour period ending 23:00GMT, at 1411.79 per ounce, as upbeat Chinese manufacturing data released earlier in the week, the world’s second largest importer of gold, continued … Continue reading →

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Crude Oil: Oil prices cool as Syria concerns eases

Posted on September 3, 2013 by GCI Financial

Crude Oil Movement Crude Oil prices advanced 0.87% against the USD for the 24 hour period ending 23:00GMT, closing at 106.80, as positive Chinese August manufacturing data lifted investor sentiment. In the Asian session, at GMT0300, Crude Oil is trading … Continue reading →

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