Silver: Silver rose in tandem with the yellow metal

Posted on May 9, 2013 by GCI Financial

  Silver prices rose 0.27% to the USD 23.91 per ounce during the 24 hours ending 23:00GMT, as robust trade data from China boosted demand for industrial metals. In the Asian session, at GMT0300, Silver is trading at 24.09, 0.73% … Continue reading →

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Gold: Gold tad higher this morning

Posted on May 9, 2013 by GCI Financial

  Gold prices traded higher by 1.54% against the USD in the 24 hour period ending 23:00GMT, at 1472.20 per ounce, as the greenback weakened and on increased physical demand from China and India. In the Asian session, at GMT0300, … Continue reading →

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Silver: Silver trading in tandem with yellow metal

Posted on May 8, 2013 by GCI Financial

  Silver prices declined 0.84% to the USD 23.85 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 23.99, 0.59% higher from yesterday’s close. Silver is expected to find support at … Continue reading →

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Crude Oil: Oil prices fell as API reported rise in US crude inventories, trading higher this morning

Posted on May 8, 2013 by GCI Financial

  Crude Oil prices declined 0.38% against the USD for the 24 hour period ending 23:00GMT, closing at 95.45. Yesterday, the American Petroleum Institute (API) released its crude oil inventory data indicating that, stock piles in the US, the world’s … Continue reading →

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Gold: Yellow metal trading higher this morning

Posted on May 8, 2013 by GCI Financial

  Gold prices traded lower by 1.40% against the USD in the 24 hour period ending 23:00GMT, at 1449.89 per ounce, as upbeat German factory orders data and strong performance by global equity markets boosted investors’ appetite for riskier assets. … Continue reading →

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Crude Oil: Trading tad lower this morning

Posted on May 7, 2013 by GCI Financial

  Crude Oil prices declined 1.00% against the USD for the 24 hour period ending 23:00GMT, closing at 95.81. Earlier in the session, oil prices rose as Middle East tensions raised supply concerns. In the Asian session, at GMT0300, Crude … Continue reading →

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Silver: Silver trading lower this morning

Posted on May 7, 2013 by GCI Financial

  Silver prices declined 0.34% to the USD 24.05 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 23.76, 1.21% lower from yesterday’s close. Silver is expected to find support at … Continue reading →

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Gold: Gold “bull market” intact, indicates WGC

Posted on May 7, 2013 by GCI Financial

  Gold prices traded flat against the USD in the 24 hour period ending 23:00GMT, at 1470.42 per ounce. Earlier, the yellow metal received some support after the World Gold Council (WGC) issued a bullish tone on the metal. Marcus … Continue reading →

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Crude Oil: Oil advanced more than 3%; trading lower this morning

Posted on May 3, 2013 by GCI Financial

  Crude Oil prices surged 3.24% against the USD for the 24 hour period ending 23:00GMT, closing at 93.87, as a drop in US jobless claims and a rate cut by the European Central Bank raised hopes for an increase … Continue reading →

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Silver: White metal moving northwards this morning

Posted on May 3, 2013 by GCI Financial

  Silver prices rose 0.69% to the USD23.83 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 24.08, 1.03% higher from yesterday’s close. Silver is expected to find support at 23.61, … Continue reading →

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Gold: Yellow metal increased amid optimism over rise in demand

Posted on May 3, 2013 by GCI Financial

  Gold prices traded higher by 0.56% against the USD in the 24 hour period ending 23:00GMT, at 1467.32 per ounce, as rate cut by the European Central Bank raised optimism for future demand for the precious metals. In the … Continue reading →

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