Gold: Gold declined amid profit booking; trading higher this morning

Posted on April 29, 2013 by GCI Financial

  On Friday Gold prices traded lower by 0.25% against the USD in the period ending 21:00GMT, at 1462.09 per ounce, as investor indulged in profit booking. Over the weekend, a leading broker lowered its 2013 gold price forecast to … Continue reading →

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Crude Oil: Oil advanced on US unemployment claims data

Posted on April 26, 2013 by GCI Financial

Crude Oil prices advanced 1.89% against the USD, extending its previous session’s rally, for the 24 hour period ending 23:00GMT, closing at 93.27, as investor sentiment improved after the US Department of Labor showed that less Americans filed for unemployment … Continue reading →

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Silver: Silver continues to rise in the Asian session

Posted on April 26, 2013 by GCI Financial

Silver prices surged 5.28% to the USD24.38 per ounce during the 24 hours ending 23:00GMT, tracking strong gains in gold prices and amid a pick-up in industrial demand. In the Asian session, at GMT0300, Silver is trading at 24.40, marginally … Continue reading →

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Gold: Yellow metal extends its previous session rally

Posted on April 26, 2013 by GCI Financial

Gold prices traded higher by 2.47% against the USD in the 24 hour period ending 23:00GMT, at 1465.79 per ounce, as the dollar weakened and amid continuous buying of precious metal across Asia. In the Asian session, at GMT0300, Gold … Continue reading →

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Crude Oil: Oil rose as crude stockpiles increased less-than-expected

Posted on April 25, 2013 by GCI Financial

  Crude Oil prices jumped 2.30% against the USD for the 24 hour period ending 23:00GMT, closing at 91.54, after the US Energy Information Administration reported that crude supplies climbed by 900,000 barrels for the week ended April 19, which … Continue reading →

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Silver: White metal moving northwards this morning

Posted on April 25, 2013 by GCI Financial

  Silver prices rose 0.82% to the USD23.16 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 23.38, 0.93% higher from yesterday’s close. Silver is expected to find support at 23.03, … Continue reading →

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Gold: Yellow metal trading higher this morning

Posted on April 25, 2013 by GCI Financial

  Gold prices traded higher by 1.20% against the USD in the 24 hour period ending 23:00GMT, at 1430.47 per ounce, as strong physical demand from Asia, particularly India and China, encouraged buying. In the Asian session, at GMT0300, Gold … Continue reading →

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Crude Oil: Oil advanced as US crude stockpiles decreased; trading lower this morning

Posted on April 24, 2013 by GCI Financial

  Crude Oil prices advanced 0.12% against the USD for the 24 hour period ending 23:00GMT, closing at 89.48, after the API registered an unexpected drop in crude stockpiles last week. Late yesterday, the American Petroleum Institute (API) reported that, … Continue reading →

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Silver: White metal lost shine as the greenback recorded gains; trading higher this morning

Posted on April 24, 2013 by GCI Financial

  Silver prices declined 1.76% to the USD22.97 per ounce during the 24 hours ending 23:00GMT, amid a strong dollar. In the Asian session, at GMT0300, Silver is trading at 23.00, 0.14% higher from yesterday’s close. Silver is expected to … Continue reading →

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Gold: Gold dropped as the greenback strengthened; trading higher this morning

Posted on April 24, 2013 by GCI Financial

  Gold prices traded lower by 0.92% against the USD in the 24 hour period ending 23:00GMT, at 1413.53 per ounce, as weak factory output figures from Europe and China prompted investors to seek safe-haven positions in the US Dollar. … Continue reading →

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Crude Oil: Oil edged up on the back of bargain hunting

Posted on April 23, 2013 by GCI Financial

Crude Oil prices advanced 1.44% against the USD for the 24 hour period ending 23:00GMT, closing at 89.37, as investors indulged in bargain hunting following last week’s plunge in oil prices. In the Asian session, at GMT0300, Crude Oil is … Continue reading →

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