Crude Oil: Oil advanced on rise demand expectations

Posted on May 20, 2013 by GCI Financial

  On Friday, Crude Oil prices advanced 0.83% against the USD for the period ending 21:00GMT, closing at 95.94, after a better-than-expected rise in the US consumer sentiment index raised optimism over fuel demand. In the Asian session, at GMT0300, … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: White metal trading lower in the morning session

Posted on May 20, 2013 by GCI Financial

  On Friday, Silver prices declined 1.86% to the USD22.24 per ounce during the period ending 21:00GMT, tracking the downward trend in precious metals. In the Asian session, at GMT0300, Silver is trading at 21.53, 3.17% lower from Friday’s close. … Continue reading →

Posted in Silver | Leave a comment

Gold: Yellow metal dropped as dollar gained; trading lower this morning

Posted on May 20, 2013 by GCI Financial

  On Friday Gold prices traded lower by 1.87% against the USD in the period ending 21:00GMT, at 1359.15 per ounce, as the greenback strengthened following an upbeat US consumer sentiment data. In the Asian session, at GMT0300, Gold is … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: Oil slips this morning

Posted on May 17, 2013 by GCI Financial

  Crude Oil prices advanced 1.06% against the USD for the 24 hour period ending 23:00GMT, closing at 95.15. In the Asian session, at GMT0300, Crude Oil is trading at 95.00, 0.16% lower from yesterday’s close. Crude oil is expected … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Silver trading tad lower in the Asian session

Posted on May 17, 2013 by GCI Financial

  Silver prices rose 0.23% to the USD 22.66 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 22.64, marginally lower from yesterday’s close. Silver is expected to find support at … Continue reading →

Posted in Silver | Leave a comment

Gold: Gold lower on Fed’s comments about loosening monetary policy

Posted on May 17, 2013 by GCI Financial

  Gold prices traded lower by 0.72% against the USD in the 24 hour period ending 23:00GMT, at 1385.10 per ounce, as the greenback strengthened after the President of Federal Reserve Bank of San Francisco, John Williams stated that the … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: Oil slipped on weak data points from Europe and the US

Posted on May 16, 2013 by GCI Financial

  Crude Oil prices declined 0.18% against the USD for the 24 hour period ending 23:00GMT, closing at 94.15, following a weak set of economic data from the Euro-zone and the US. However, losses were capped after talks between the … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Silver tracking losses in the Yellow metal, trading higher this morning

Posted on May 16, 2013 by GCI Financial

  Silver prices declined 3.55% to the USD 22.60 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 22.74, 0.62% higher from yesterday’s close. Silver is expected to find support at … Continue reading →

Posted in Silver | Leave a comment

Gold: Gold reverses its direction in the Asian session

Posted on May 16, 2013 by GCI Financial

  Gold prices traded lower by 2.22% against the USD in the 24 hour period ending 23:00GMT, at 1395.20 per ounce. In the Asian session, at GMT0300, Gold is trading at 1396.18, marginally higher from yesterday’s close. Gold is expected … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: Oil fell on larger-than-expected increase in the US crude inventories, trading tad higher this morning

Posted on May 15, 2013 by GCI Financial

  Crude Oil prices declined 0.83% against the USD for the 24 hour period ending 23:00GMT, closing at 94.32, after crude oil inventory report released by the American Petroleum Institute (API) indicated that, inventories rose by 1.11 million barrels in … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Silver trading lower this morning

Posted on May 15, 2013 by GCI Financial

  Silver prices declined 1.08% to the USD 23.44 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 23.30, 0.59% lower from yesterday’s close. Silver is expected to find support at … Continue reading →

Posted in Silver | Leave a comment