Gold: Yellow metal tad higher this morning

Posted on July 23, 2013 by GCI Financial

  Gold prices traded higher by 1.83% against the USD in the 24 hour period ending 23:00GMT, at 1336.05 per ounce, as the greenback weakened on soft US home sales data supporting the case for the Federal Reserve to continue … Continue reading →

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Crude Oil: Oil higher in the Asian session

Posted on July 22, 2013 by GCI Financial

On Friday, Crude Oil prices declined 0.13% against the USD for the period ending 21:00GMT, closing at 108.05. In the Asian session, at GMT0300, Crude Oil is trading at 108.37, 0.30% higher from Friday’s close. Crude oil is expected to … Continue reading →

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Silver: Silver extends its previous session gains

Posted on July 22, 2013 by GCI Financial

On Friday, Silver prices rose 0.49% to the USD19.51 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.87, 1.82% higher from Friday’s close. Silver is expected to find support at 19.49, … Continue reading →

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Gold: Yellow metal rises well above $1300 per ounce level this morning

Posted on July 22, 2013 by GCI Financial

On Friday Gold prices traded higher by 0.87% against the USD in the period ending 21:00GMT, at 1296.10 per ounce. In the Asian session, at GMT0300, Gold is trading at 1314.45, 1.42% higher from Monday’s close. Gold is expected to … Continue reading →

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Crude Oil: Oil prices rises on a brighter outlook for the US economy, trading marginally lower this morning

Posted on July 19, 2013 by GCI Financial

  Crude Oil prices ticked up 1.61% against the USD for the 24 hour period ending 23:00GMT, closing at 108.19, as upbeat jobless claims and Philadelphia Fed’s manufacturing data added to signs of a stronger US economic recovery, thus raising … Continue reading →

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Silver: White metal continues to trade higher this morning

Posted on July 19, 2013 by GCI Financial

  Silver prices rose 0.24% to the USD19.42 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.53, 0.58% higher from yesterday’s close. Silver is expected to find support at 19.33, … Continue reading →

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Gold: Yellow metal finishes higher yesterday, continues its northward journey

Posted on July 19, 2013 by GCI Financial

  Gold prices traded higher by 0.62% against the USD in the 24 hour period ending 23:00GMT, at 1284.88 per ounce, with traders left to speculate about the timing of the Federal Reserve’s plan to taper its bond-buying program after … Continue reading →

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Crude Oil: Oil closed higher taking cues from weekly oil inventory, continues its upward journey in the Asian session

Posted on July 18, 2013 by GCI Financial

  Crude Oil prices rose 0.61% against the USD for the 24 hour period ending 23:00GMT, closing at 106.41, after reports showed a sharp drop in oil inventories. The Energy Information Administration reported that the US crude oil inventories dropped … Continue reading →

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Silver: Trading higher this morning

Posted on July 18, 2013 by GCI Financial

  Silver prices fell 3.04% to the USD19.37 per ounce during the 24 hours ending 23:00GMT, tracking losses in yellow metal, on back of the Federal Reserve Chairman, Ben Bernanke’s comments. In the Asian session, at GMT0300, Silver is trading … Continue reading →

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Gold: Yellow metal fell on few surprises from Fed Chief, trading higher this morning

Posted on July 18, 2013 by GCI Financial

  Gold prices traded lower by 1.09% against the USD in the 24 hour period ending 23:00GMT, at 1276.95 per ounce. Yesterday, the Fed Chairman, Ben Bernanke, indicated that there was no set time line for the central bank to … Continue reading →

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Crude Oil: Oil prices trading tad higher this morning

Posted on July 17, 2013 by GCI Financial

Crude Oil prices declined 0.58% against the USD for the 24 hour period ending 23:00GMT, closing at 105.77. The American Petroleum Institute (API) in its weekly report indicated that, crude stock piles in the week ending July 12 fell 2.6 … Continue reading →

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