Gold: Gold traded lower amid strength in the US Dollar

Posted on May 15, 2013 by GCI Financial

  Gold prices traded lower by 0.39% against the USD in the 24 hour period ending 23:00GMT, at 1426.93 per ounce, as greenback strengthened against all of its major counter parts in yesterday’s session. In the Asian session, at GMT0300, … Continue reading →

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

Posted on May 14, 2013 by GCI Financial

  Crude Oil prices declined 0.57% against the USD for the 24 hour period ending 23:00GMT, closing at 95.11, hit by reducing prospects for demand from China after industrial production in the nation rose slower-than-expected in April. In the Asian … Continue reading →

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Silver: Silver tracking gains in the yellow metal

Posted on May 14, 2013 by GCI Financial

  Silver prices declined 0.37% to the USD 23.69 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 23.79, 0.39% higher from yesterday’s close. Silver is expected to find support at … Continue reading →

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Gold: Gold lower as Fed plans to windup stimulus program, trading higher in the Asian session

Posted on May 14, 2013 by GCI Financial

  Gold prices traded lower by 0.63% against the USD in the 24 hour period ending 23:00GMT, at 1432.52 per ounce, pressured by concerns that the Federal Reserve might start to scale back its stimulus program. In the Asian session, … Continue reading →

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Crude Oil: Oil fell after OPEC’s April report

Posted on May 13, 2013 by GCI Financial

  On Friday, Crude Oil prices declined 0.19% against the USD for the 24 hour period ending 24:00GMT, closing at 95.94, on renewed global demand concerns after the Organization of Petroleum Exporting Countries (OPEC) left its 2013 estimate unchanged and … Continue reading →

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Gold: Gold lower on strong dollar

Posted on May 13, 2013 by GCI Financial

  On Friday Gold prices traded lower by 0.72% against the USD in the 24 hour period ending 24:00GMT, at 1446.35 per ounce, as the greenback strengthened on signs of improvement in the US economy, eroding the safe haven demand … Continue reading →

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Silver: White metal trading lower this morning

Posted on May 13, 2013 by GCI Financial

  On Friday, Silver prices rose 0.68% to the USD 23.84 per ounce during the 24 hours ending 24:00GMT. In the Asian session, at GMT0300, Silver is trading at 23.65, 0.80% lower from yesterday’s close. Silver is expected to find … Continue reading →

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Silver: Silver trading higher this morning

Posted on May 10, 2013 by GCI Financial

  Silver prices declined 0.96% to the USD 23.68 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 23.80, 0.51% higher from yesterday’s close. Silver is expected to find support at … Continue reading →

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Gold: Precious metal fell more than a percent, trading higher this morning

Posted on May 10, 2013 by GCI Financial

  Gold prices traded lower by 1.05% against the USD in the 24 hour period ending 23:00GMT, at 1456.79 per ounce, on concern that physical purchases may be slowing and as US jobless claims fell to pre-recession levels, adding to … Continue reading →

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Crude Oil: Oil lower after the US and China data, trading tad higher in the Asian session

Posted on May 10, 2013 by GCI Financial

  Crude Oil prices declined 0.30% against the USD for the 24 hour period ending 23:00GMT, closing at 96.12, as positive signs of recovery in the US against persistent doubts over the Chinese economy sent mixed signals about demand from … Continue reading →

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Crude Oil: Oil rose as US crude stock piles rose less-than-expected

Posted on May 9, 2013 by GCI Financial

  Crude Oil prices advanced 1.01% against the USD for the 24 hour period ending 23:00GMT, closing at 96.41, after the US Energy Information Administration (EIA) stated that, during the week ending May 3, crude oil inventory rose 230,000 barrels … Continue reading →

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