Silver: Silver trading lower this morning

Posted on June 17, 2013 by GCI Financial

  On Friday, Silver prices rose 1.05% to the USD22.08 per ounce during the period ending 21:00GMT. In the Asian session, at GMT0300, Silver is trading at 22.04, 0.20% lower from Friday’s close. Silver is expected to find support at … Continue reading →

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Crude Oil: Oil prices jumped on impressive US economic data

Posted on June 14, 2013 by GCI Financial

  Crude Oil prices advanced 1.03% against the USD for the 24 hour period ending 23:00GMT, closing at 96.66, after stronger-than-expected US economic data. In the Asian session, at GMT0300, Crude Oil is trading at 96.67, marginally higher from yesterday’s … Continue reading →

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Silver: White metal is converging with its MA’s

Posted on June 14, 2013 by GCI Financial

  Silver prices rose 0.44% to the USD21.85 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 21.77, 0.35% lower from yesterday’s close. Silver is expected to find support at 21.58, … Continue reading →

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Gold: Yellow metal dropped amid positive US economic figures

Posted on June 14, 2013 by GCI Financial

  Gold prices traded lower by 0.19% against the USD in the 24 hour period ending 23:00GMT, at 1386.40 per ounce, as upbeat US jobless claims and retail sales data raised bets that the US Federal Reserve might scale down … Continue reading →

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Crude Oil: Crude stockpiles rose last week, indicates EIA

Posted on June 13, 2013 by GCI Financial

  Crude Oil prices advanced 0.80% against the USD for the 24 hour period ending 23:00GMT, closing at 95.67, as the dollar weakened. Yesterday, the US Energy Information Administration (EIA) reported that crude-oil supplies rose by 2.5 million barrels for … Continue reading →

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Silver: White metal continues to move upwards this morning

Posted on June 13, 2013 by GCI Financial

  Silver prices rose 0.16% to the USD21.76 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 21.94, 0.87% higher from yesterday’s close. Silver is expected to find support at 21.73, … Continue reading →

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Gold: Yellow metal advanced as the greenback weakened

Posted on June 13, 2013 by GCI Financial

  Gold prices traded higher by 0.84% against the USD in the 24 hour period ending 23:00GMT, at 1388.97 per ounce, amid a weak dollar. In the Asian session, at GMT0300, Gold is trading at 1392.71, 0.27% higher from yesterday’s … Continue reading →

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Crude Oil: Oil dropped on bleak demand prospects, rise in inventories

Posted on June 12, 2013 by GCI Financial

  Crude Oil prices declined 1.00% against the USD for the 24 hour period ending 23:00GMT, closing at 94.91, after the American Petroleum Institute reported a 9 million barrel rise in crude stockpiles for the week ending June 7. Moreover, … Continue reading →

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Silver: White metal slipped yesterday; trading higher this morning

Posted on June 12, 2013 by GCI Financial

  Silver prices declined 0.81% to the USD21.72 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 21.79, 0.33% higher from yesterday’s close. Silver is expected to find support at 21.54, … Continue reading →

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Gold: Gold trading tad lower in the Asian session

Posted on June 12, 2013 by GCI Financial

  Gold prices traded lower by 0.62% against the USD in the 24 hour period ending 23:00GMT, at 1377.34 per ounce. However, losses were limited as the Bank of Japan (BoJ) offered no additional stimulus at its policy meeting and … Continue reading →

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Crude Oil: Oil dropped on lacklustre Chinese economic data; trading higher this morning

Posted on June 11, 2013 by GCI Financial

  Crude Oil prices declined 0.35% against the USD for the 24 hour period ending 23:00GMT, closing at 95.87, as concerns over weak Chinese economic data released over the weekend, outweighed Standard & Poor’s decision to revise its positive outlook … Continue reading →

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