Silver: Silver converging with its MA’s

Posted on May 24, 2013 by GCI Financial

  Silver prices rose 1.22% to the USD22.55 per ounce during the 24 hours ending 23:00GMT, in tandem with rise in gold. In the Asian session, at GMT0300, Silver is trading at 22.54, marginally lower from yesterday’s close. Silver is … Continue reading →

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Gold: Yellow metal trading higher this morning

Posted on May 24, 2013 by GCI Financial

  Gold prices traded higher by 1.69% against the USD in the 24 hour period ending 23:00GMT, at 1390.51 per ounce. In the Asian session, at GMT0300, Gold is trading at 1394.10, 0.26% higher from yesterday’s close. Gold is expected … Continue reading →

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Crude Oil: Oil moving southwards in the Asian session

Posted on May 23, 2013 by GCI Financial

Crude Oil prices declined 1.79% against the USD for the 24 hour period ending 23:00GMT, closing at 93.99, as the EIA registered a smaller-than-expected drop in crude inventories. Yesterday, the US Energy Information Administration reported that crude supplies declined by … Continue reading →

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Silver: White metal retreated after FOMC minutes

Posted on May 23, 2013 by GCI Financial

Silver prices declined 0.60% to the USD22.28 per ounce during the 24 hours ending 23:00GMT, following the release of FOMC minutes that revealed that “a number” of officials were open to tapering large-scale asset purchases as early as the June … Continue reading →

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Gold: Yellow metal takes a hit following the release of FOMC minutes

Posted on May 23, 2013 by GCI Financial

Gold prices traded lower by 0.41% against the USD in the 24 hour period ending 23:00GMT, at 1367.44 per ounce, after the latest Federal Open Market Committee (FOMC) minutes indicated that a number of policy makers expressed willingness to adjust … Continue reading →

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Crude Oil: Crude oil fell on unexpected increase in US stockpiles

Posted on May 22, 2013 by GCI Financial

  Crude Oil prices declined 0.96% against the USD for the 24 hour period ending 23:00GMT, closing at 95.70, after data from the American Petroleum Institute (API) indicated that crude oil inventories rose by 532,000 barrels in the week ending … Continue reading →

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Silver: Trading higher in the Asian session

Posted on May 22, 2013 by GCI Financial

  Silver prices declined 1.80% to the USD22.41 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 22.55, 0.60% higher from yesterday’s close. Silver is expected to find support at 22.12, … Continue reading →

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Gold: Gold trading higher this morning

Posted on May 22, 2013 by GCI Financial

  Gold prices traded lower by 1.30% against the USD in the 24 hour period ending 23:00GMT, at 1373.05 per ounce. In the Asian session, at GMT0300, Gold is trading at 1378.32, 0.38% higher from yesterday’s close. Gold is expected … Continue reading →

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Crude Oil: Oil trading tad higher this morning ahead of the oil inventory data

Posted on May 21, 2013 by GCI Financial

  Crude Oil prices advanced 0.73% against the USD for the 24 hour period ending 23:00GMT, closing at 96.63. In the Asian session, at GMT0300, Crude Oil is trading at 96.68, marginally higher from yesterday’s close. Investors eye the crude … Continue reading →

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Silver: White metal surged tracking rise in gold prices, trading lower this morning

Posted on May 21, 2013 by GCI Financial

  Silver prices rose 7.60% to the USD22.82 per ounce during the 24 hours ending 23:00GMT, in tandem with the rise in gold prices. In the Asian session, at GMT0300, Silver is trading at 22.50, 1.40% lower from yesterday’s close. … Continue reading →

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Gold: Yellow metal advanced on a weak dollar; trading lower this morning

Posted on May 21, 2013 by GCI Financial

  Gold prices traded higher by 3.45% against the USD in the 24 hour period ending 23:00GMT, at 1391.15 per ounce, as bargain hunters bought the precious metal after its prices fell in the last week. In the Asian session, … Continue reading →

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