Crude Oil: US crude oil inventories rises less-than-expected, indicates EIA

Posted on April 11, 2013 by GCI Financial

  Crude Oil prices advanced 0.54% against the USD for the 24 hour period ending 23:00GMT, closing at 94.49. The US Energy Information Administration (EIA) reported that, crude oil supplies increased 0.3 million barrels for the week ending April 5, … Continue reading →

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Gold: Yellow metal reverses losses in the Asian session

Posted on April 11, 2013 by GCI Financial

  Gold prices traded lower by 1.75% against the USD in the 24 hour period ending 23:00GMT, at 1558.61 per ounce, after Goldman Sachs slashed its price forecast on the precious metal, while the minutes of the US Fed meeting … Continue reading →

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Silver: Silver trading lower this morning

Posted on April 11, 2013 by GCI Financial

  Silver prices declined 1.21% to the USD 27.65 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.59, 0.23% lower from yesterday’s close. Silver is expected to find support at … Continue reading →

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Crude Oil: EIA cut its growth forecast for oil demand for 2013 and 2014

Posted on April 10, 2013 by GCI Financial

Crude Oil prices advanced 0.64% against the USD for the 24 hour period ending 23:00GMT, closing at 93.98. In the Asian session, at GMT0300, Crude Oil is trading at 93.89, 0.10% lower from yesterday’s close. Oil pared its previous session … Continue reading →

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Silver: Silver trading lower in the Asian session

Posted on April 10, 2013 by GCI Financial

Silver prices rose 2.56% to the USD 27.99 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.95, 0.14% lower from yesterday’s close. Silver is expected to find support at 27.44, … Continue reading →

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Gold: Precious metal trading tad higher this morning

Posted on April 10, 2013 by GCI Financial

Gold prices traded higher by 0.83% against the USD in the 24 hour period ending 23:00GMT, at 1586.38 per ounce, as the greenback weakened. In the Asian session, at GMT0300, Gold is trading at 1587.16, marginally higher from yesterday’s close. … Continue reading →

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Crude Oil: Oil trading higher in the Asian session

Posted on April 9, 2013 by GCI Financial

  Crude Oil prices advanced 0.56% against the USD for the 24 hour period ending 23:00GMT, closing at 93.38, following the failure of nuclear talks between world powers and Iran and amid conflicts in Nigeria. On Saturday, Iran and a … Continue reading →

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Silver: White metal trading higher in today’s morning session

Posted on April 9, 2013 by GCI Financial

  Silver prices declined 0.32% to the USD27.29 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.35, 0.20% higher from yesterday’s close. Silver is expected to find support at 27.21, … Continue reading →

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

Posted on April 9, 2013 by GCI Financial

  Gold prices traded lower by 0.51% against the USD in the 24 hour period ending 23:00GMT, at 1573.25 per ounce, as investors indulged in profit booking following Friday’s rally. In the Asian session, at GMT0300, Gold is trading at … Continue reading →

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Silver: Silver trading lower in the Asian session

Posted on April 8, 2013 by GCI Financial

  On Friday, Silver prices rose 1.85% to the USD 27.42 per ounce during the 24 hours ending 24:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.29, 0.46% lower from Friday’s close. Silver is expected to find … Continue reading →

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Gold: Gold firmer on sluggish US data, trading lower this morning

Posted on April 8, 2013 by GCI Financial

  On Friday Gold prices traded higher by 1.91% against the USD in the 24 hour period ending 24:00GMT, at 1582.60 per ounce, as the greenback weakened after US recorded worse-than-expected jobs data in March. In the Asian session, at … Continue reading →

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