Gold: Gold traded higher supported by Fed’s comments

Posted on July 11, 2013 by GCI Financial

  Gold prices traded higher by 2.72% against the USD in the 24 hour period ending 23:00GMT, at 1283.57 per ounce, amid weakness in the US Dollar, after the Federal Reserve Chairman, Ben Bernanke stated that the US central bank … Continue reading →

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Silver: Silver continues to traded higher in the Asian session

Posted on July 11, 2013 by GCI Financial

  Silver prices rose 2.49% to the USD19.77 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.91, 0.70% higher from yesterday’s close. Silver is expected to find support at 19.30, … Continue reading →

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Crude Oil: Oil prices rose above $106 a barrel after EIA indicated a drop in crude oil inventories

Posted on July 11, 2013 by GCI Financial

  Crude Oil prices advanced 2.24% against the USD for the 24 hour period ending 23:00GMT, closing at 106.81, after the Energy Information Administration (EIA), in its weekly report indicated that crude stock piles in the US dropped by 9.87 … Continue reading →

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Crude Oil: Oil advanced following API inventory data, trading lower this morning

Posted on July 10, 2013 by GCI Financial

Crude Oil prices advanced 1.49% against the USD for the 24 hour period ending 23:00GMT, closing at 104.47, after the American Petroleum Institute (API) in its weekly report indicated that crude oil inventories dropped by 9 million barrels in the … Continue reading →

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Silver: Silver trading below its MAs’

Posted on July 10, 2013 by GCI Financial

Silver prices rose 1.10% to the USD19.29 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.11, 0.98% lower from yesterday’s close. Silver is expected to find support at 18.92, and … Continue reading →

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Gold: Gold reverses its direction this morning

Posted on July 10, 2013 by GCI Financial

Gold prices traded higher by 1.08% against the USD in the 24 hour period ending 23:00GMT, at 1249.61 per ounce. In the Asian session, at GMT0300, Gold is trading at 1246.13, 0.28% lower from yesterday’s close. Gold is expected to … Continue reading →

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Gold: Gold trading higher this morning

Posted on July 9, 2013 by GCI Financial

  Gold prices traded higher by 0.85% against the USD in the 24 hour period ending 23:00GMT, at 1236.20 per ounce. In the Asian session, at GMT0300, Gold is trading at 1253.01, 1.36% higher from yesterday’s close. Gold is expected … Continue reading →

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Silver: Silver prices advanced tracking gains in the Yellow metal

Posted on July 9, 2013 by GCI Financial

  Silver prices rose 0.61% to the USD19.08 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.37, 1.52% higher from yesterday’s close. Silver is expected to find support at 18.95, … Continue reading →

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Crude Oil: Oil reverses its direction in the Asian session

Posted on July 9, 2013 by GCI Financial

  Crude Oil prices declined 0.91% against the USD for the 24 hour period ending 23:00GMT, closing at 102.94, after the recent price hike lead to heavy profit booking, and as concerns in Egypt eased slightly. Investors await the oil … Continue reading →

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Crude Oil: Oil higher amid tensions in the Middle East

Posted on July 8, 2013 by GCI Financial

  On Friday, Crude Oil prices advanced 1.79% against the USD for the period ending 21:00GMT, closing at 103.22, as ongoing protests in Egypt increased concerns of disruptions in the oil supply. In the Asian session, at GMT0300, Crude Oil … Continue reading →

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Silver: Silver trading lower this morning

Posted on July 8, 2013 by GCI Financial

  On Friday, Silver prices declined 3.46% to the USD18.91 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0300, Silver is trading at 18.83, 0.42% lower from Friday’s close. Silver is expected to find support at … Continue reading →

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