Silver: Silver trading in tandem with gold prices

Posted on June 26, 2013 by GCI Financial

  Silver prices declined 0.40% to the USD19.64 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 18.91, 3.73% lower from yesterday’s close. Silver is expected to find support at 18.49, … Continue reading →

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Gold: Gold continues to trade lower in the Asia session

Posted on June 26, 2013 by GCI Financial

  Gold prices traded lower by 0.64% against the USD in the 24 hour period ending 23:00GMT, at 1276.70 per ounce, as improving economic conditions in the US supported the case for the Federal Reserve to taper its bond buying … Continue reading →

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Crude Oil: Oil trading lower this morning

Posted on June 25, 2013 by GCI Financial

  Crude Oil prices advanced 1.40% against the USD for the 24 hour period ending 23:00GMT, closing at 95.07, on worries of supply disruption after a flood in Alberta resulted in a shutdown of three pipelines. In the Asian session, … Continue reading →

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Silver: Silver trading tad lower this morning

Posted on June 25, 2013 by GCI Financial

  Silver prices declined 2.56% to the USD19.72 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.72, marginally lower from yesterday’s close. Silver is expected to find support at 19.47, … Continue reading →

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Gold: Gold lower on Chinese growth concerns; trading higher this morning

Posted on June 25, 2013 by GCI Financial

  Gold prices traded lower by 1.28% against the USD in the 24 hour period ending 23:00GMT, at 1284.86 per ounce, after a leading broker cut its 2013 economic growth forecasts for China, world’s largest consumer of gold. In the … Continue reading →

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Silver: Silver rebounded from its previous slump; trading lower this morning

Posted on June 24, 2013 by GCI Financial

  On Friday, Silver prices rose 1.90% to the USD20.13 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0300, Silver is trading at 19.89, 1.18% lower from Friday’s close. Silver is expected to find support at … Continue reading →

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Gold: Gold trading lower this morning

Posted on June 24, 2013 by GCI Financial

  On Friday Gold prices traded higher by 1.01% against the USD in the period ending 21:00GMT, at 1296.40 per ounce, amid bargain hunting. In the Asian session, at GMT0300, Gold is trading at 1290.22, 0.48% lower from Friday’s close. … Continue reading →

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Crude Oil: Oil lower on global growth worries

Posted on June 24, 2013 by GCI Financial

  On Friday, Crude Oil prices declined 1.11% against the USD for the period ending 21:00GMT, closing at 93.93, extending its previous losses after the Federal Reserve indicated that it might wind down its $85 billion bond purchase program later … Continue reading →

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Gold: Gold tumbled below $1300/oz after FOMC decision

Posted on June 21, 2013 by GCI Financial

  Gold prices traded lower by 4.58% against the USD in the 24 hour period ending 23:00GMT, at 1283.38 per ounce, after the Federal Reserve Chief, Ben Bernanke signalled a scale back of its monetary easing in the near future … Continue reading →

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Silver: Strong US Dollar weighed on Silver prices

Posted on June 21, 2013 by GCI Financial

  Silver prices declined 6.94% to the USD 19.75 per ounce during the 24 hours ending 23:00GMT, as the greenback strengthened. In the Asian session, at GMT0300, Silver is trading at 19.81, 0.33% higher from yesterday’s close. Silver is expected … Continue reading →

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Crude Oil: Oil lower on global worries, trading higher this morning

Posted on June 21, 2013 by GCI Financial

  Crude Oil prices declined 2.85% against the USD for the 24 hour period ending 23:00GMT, closing at 94.98, on demand concerns following downbeat Chinese manufacturing data and the Federal Reserve Chairman, Ben Bernanke’s comments on possible imminent tapering of … Continue reading →

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