Gold: Gold trading lower as labour market conditions improved in the US

Posted on July 8, 2013 by GCI Financial

  On Friday, Gold prices traded lower by 2.06% against the USD in the period ending 21:00GMT, at 1223.20 per ounce, after better-than-expected jobs data in the US dampened safe haven appeal of the metal. In the Asian session, at … Continue reading →

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Crude Oil: Oil rose as global concerns eased, trading lower this morning

Posted on July 5, 2013 by GCI Financial

  Crude Oil prices advanced 0.17% against the USD for the 24 hour period ending 23:00GMT, closing at 101.40, after political concerns in Portugal eased and on hopes of improvement in the US economy. In the Asian session, at GMT0300, … Continue reading →

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Silver: Silver trading lower in the Asian session

Posted on July 5, 2013 by GCI Financial

  Silver prices declined 1.03% to the USD19.59 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.37, 1.11% lower from yesterday’s close. Silver is expected to find support at 19.20, … Continue reading →

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Gold: Gold traded lower following BoE, ECB meetings

Posted on July 5, 2013 by GCI Financial

  Gold prices traded lower by 0.49% against the USD in the 24 hour period ending 23:00GMT, at 1249.36 per ounce, after both the European Central Bank and the Bank of England in their monetary policy meetings yesterday signalled to … Continue reading →

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Crude Oil: Oil rose amid escalating tensions in Egypt, trading lower this morning

Posted on July 4, 2013 by GCI Financial

Crude Oil prices advanced 1.48% against the USD for the 24 hour period ending 23:00GMT, closing at 101.23, as the ongoing supply concerns due to a political deadlock in Egypt supported prices. Separately, the US Energy Information Administration in its … Continue reading →

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Silver: Silver gives up some gains in the Asian session

Posted on July 4, 2013 by GCI Financial

Silver prices rose 1.82% to the USD19.79 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.68, 0.60% lower from yesterday’s close. Silver is expected to find support at 19.38, and … Continue reading →

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Gold: Gold losing ground in the Asian session

Posted on July 4, 2013 by GCI Financial

Gold prices traded higher by 0.97% against the USD in the 24 hour period ending 23:00GMT, at 1255.54 per ounce. In the Asian session, at GMT0300, Gold is trading at 1254.50, marginally lower from yesterday’s close. Gold is expected to … Continue reading →

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Crude Oil: Oil advanced amid escalating tensions in Egypt

Posted on July 3, 2013 by GCI Financial

  Crude Oil prices advanced 1.71% against the USD for the 24 hour period ending 23:00GMT, closing at 99.75, as investors fretted that political turmoil in Egypt could disrupt oil supplies from the Middle East. Separately, the American Petroleum Institute … Continue reading →

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Silver: Silver trading higher after yesterday’s fall

Posted on July 3, 2013 by GCI Financial

  Silver prices declined 1.08% to the USD19.44 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.49, 0.25% higher from yesterday’s close. Silver is expected to find support at 19.23, … Continue reading →

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Gold: Gold traders cautious ahead of central bank meetings

Posted on July 3, 2013 by GCI Financial

  Gold prices traded lower by 0.76% against the USD in the 24 hour period ending 23:00GMT, at 1243.45 per ounce, as the greenback strengthened and ahead of both the European Central Bank and the Bank of England’s policy decision … Continue reading →

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Gold: Gold trading higher this morning

Posted on July 2, 2013 by GCI Financial

  Gold prices traded higher by 1.01% against the USD in the 24 hour period ending 23:00GMT, at 1252.94 per ounce, on bargain hunting following recent decline in prices. In the Asian session, at GMT0300, Gold is trading at 1258.59, … Continue reading →

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