Gold: Gold trading higher in the Asian session

Posted on May 31, 2013 by GCI Financial

  Gold prices traded higher by 1.73% against the USD in the 24 hour period ending 23:00GMT, at 1415.55 per ounce, as the greenback weakened as an unexpected increase in the initial jobless claims led to speculation that the Federal … Continue reading →

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Crude Oil: Oil dropped on demand concerns, trading higher this morning

Posted on May 30, 2013 by GCI Financial

  Crude Oil prices declined 2.27% against the USD for the 24 hour period ending 23:00GMT, closing at 92.89, after the Organization of the Petroleum Exporting Countries (OECD) lowered its global growth forecast and as the International Monetary Fund (IMF) … Continue reading →

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Silver: White metal trading above its MA’s

Posted on May 30, 2013 by GCI Financial

  Silver prices rose 0.72% to the USD22.50 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 22.48, 0.11% lower from yesterday’s close. Silver is expected to find support at 22.25, … Continue reading →

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Gold: Yellow metal gained as dollar weakened

Posted on May 30, 2013 by GCI Financial

  Gold prices traded higher by 0.77% against the USD in the 24 hour period ending 23:00GMT, at 1391.45 per ounce, as the dollar weakened. Yesterday, the World Gold Council (WGC) indicated that demand for the yellow metal in India … Continue reading →

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Crude Oil: Oil gained on upbeat US economic data; trading lower this morning

Posted on May 29, 2013 by GCI Financial

  Crude Oil prices jumped 1.15% against the USD for the 24 hour period ending 23:00GMT, closing at 95.05, as an encouraging surge in US housing and consumer confidence data lifted investor sentiment. In the Asian session, at GMT0300, Crude … Continue reading →

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Gold: Yellow metal dropped as dollar advanced; trading lower in the Asian session

Posted on May 29, 2013 by GCI Financial

  Gold prices traded lower by 0.95% against the USD in the 24 hour period ending 23:00GMT, at 1380.79 per ounce, as demand for the precious metal decreased after the dollar strengthened. Yesterday, two leading broking houses lowered their gold … Continue reading →

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Silver: Industrial metal moving northwards in the Asian session

Posted on May 29, 2013 by GCI Financial

  Silver prices declined 1.25% to the USD22.34 per ounce during the 24 hours ending 23:00GMT, as a strong dollar dampened the appeal of the industrial metal. In the Asian session, at GMT0300, Silver is trading at 22.38, 0.18% higher … Continue reading →

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Gold: Yellow metal trading lower this morning

Posted on May 28, 2013 by GCI Financial

  Gold prices traded higher by 0.56% against the USD in the 24 hour period ending 23:00GMT, at 1394.01 per ounce, on increased physical demand from Asian countries especially from India and China. In the Asian session, at GMT0300, Gold … Continue reading →

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Silver: White metal tracking losses in the Gold

Posted on May 28, 2013 by GCI Financial

  Silver prices rose 0.96% to the USD 22.62 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 22.55, 0.34% lower from yesterday’s close. Silver is expected to find support at … Continue reading →

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Crude Oil: Crude oil reversed its gains this morning

Posted on May 28, 2013 by GCI Financial

  Crude Oil prices advanced 0.42% against the USD for the 24 hour period ending 23:00GMT, closing at 93.97. In the Asian session, at GMT0300, Crude Oil is trading at 93.71, 0.28% lower from yesterday’s close. Crude oil is expected … Continue reading →

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Crude Oil: Trading lower this morning

Posted on May 24, 2013 by GCI Financial

  Crude Oil prices advanced 0.24% against the USD for the 24 hour period ending 23:00GMT, closing at 94.22, as encouraging US housing and employment data helped lift investor sentiment. In the Asian session, at GMT0300, Crude Oil is trading … Continue reading →

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