Crude Oil: Oil higher on upbeat manufacturing reports in the US and the Euro-zone; trading lower this morning

Posted on July 2, 2013 by GCI Financial

  Crude Oil prices advanced 1.87% against the USD for the 24 hour period ending 23:00GMT, closing at 98.07, after better-than-expected manufacturing activity in the US and the Euro-zone increased demand prospects for the fuel. In the Asian session, at … Continue reading →

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Silver: Silver reverses previous session losses

Posted on July 2, 2013 by GCI Financial

  Silver prices declined 1.63% to the USD19.65 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.73, 0.38% higher from yesterday’s close. Silver is expected to find support at 19.47, … Continue reading →

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Crude Oil: Oil continues to trade lower undermined by US growth concerns

Posted on July 1, 2013 by GCI Financial

  On Friday, Crude Oil prices declined 0.27% against the USD for the period ending 21:00GMT, closing at 96.56, after economic data indicated an unexpected slowdown in the US business activity in June spurring demand concerns for the fuel. In … Continue reading →

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Silver: Silver trading higher this morning

Posted on July 1, 2013 by GCI Financial

  On Friday, Silver prices rose 6.02% to the USD19.67 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.71, 0.25% higher from Friday’s close. Silver is expected to find support at … Continue reading →

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Gold: Gold holding above the 1200 levels

Posted on July 1, 2013 by GCI Financial

  On Friday, Gold prices traded higher by 2.64% against the USD in the period ending 21:00GMT, at 1234.57 per ounce, as the precious metal’s recent decline prompted bargain hunting. In the Asian session, at GMT0300, Gold is trading at … Continue reading →

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Silver: Silver trading higher this morning

Posted on June 28, 2013 by GCI Financial

  Silver prices declined 0.39% to the USD18.55 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 18.83, 1.53% higher from yesterday’s close. Silver is expected to find support at 18.37, … Continue reading →

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Gold: Yellow metal reverses previous session losses

Posted on June 28, 2013 by GCI Financial

  Gold prices traded lower by 2.22% against the USD in the 24 hour period ending 23:00GMT, at 1202.76 per ounce. In the Asian session, at GMT0300, Gold is trading at 1203.54, marginally higher from yesterday’s close. Gold is expected … Continue reading →

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Crude Oil: Oil trading higher on speculation Fed will keep stimulus

Posted on June 27, 2013 by GCI Financial

  Crude Oil prices advanced 0.43% against the USD for the 24 hour period ending 23:00GMT, closing at 95.52, after weaker-than-estimated US GDP data eased worries that the Federal Reserve would curb stimulus soon. The Energy Information Administration indicated that … Continue reading →

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Silver: Silver trading higher in the Asian session, after tumbling yesterday

Posted on June 27, 2013 by GCI Financial

  Silver prices declined 5.19% to the USD18.62 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 18.83, 1.13% higher from yesterday’s close. Silver is expected to find support at 18.46, … Continue reading →

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Gold: Yellow metal regaining some losses this morning

Posted on June 27, 2013 by GCI Financial

  Gold prices traded lower by 3.65% against the USD in the 24 hour period ending 23:00GMT, at 1230.10 per ounce. In the Asian session, at GMT0300, Gold is trading at 1239.23, 0.74% higher from yesterday’s close, as weak gross … Continue reading →

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Crude Oil: Oil higher as global concerns eased slightly; trading lower this morning

Posted on June 26, 2013 by GCI Financial

  Crude Oil prices advanced marginally against the USD for the 24 hour period ending 23:00GMT, closing at 95.11, as better-than-expected economic data from the US and an assurance from a People’s Bank of China official to address the nation’s … Continue reading →

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