Crude Oil: Oil lower on weak economic data

Posted on April 8, 2013 by GCI Financial

  On Friday, Crude Oil prices declined 0.46% against the USD for the 24 hour period ending 24:00GMT, closing at 93.02, as downbeat economic data from the US and Canada dampened demand prospects for the fuel. In the Asian session, … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on April 5, 2013 by GCI Financial

  Silver prices declined 0.40% to the USD26.91 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 26.86, 0.22% lower from yesterday’s close. Silver is expected to find support at 26.66, … Continue reading →

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Crude Oil: Crude oil dropped as investor risk appetite waned

Posted on April 5, 2013 by GCI Financial

  Crude Oil prices declined 1.08% against the USD for the 24 hour period ending 23:00GMT, closing at 93.46, as investors risk appetite decreased following comments from the European Central Bank’s President on downside risks to the region’s economic recovery. … Continue reading →

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Gold: Yellow metal continue to lose its shine

Posted on April 5, 2013 by GCI Financial

  Gold prices traded lower by 0.32% against the USD in the 24 hour period ending 23:00GMT, at 1552.95 per ounce. In the Asian session, at GMT0300, Gold is trading at 1551.94, marginally lower from yesterday’s close. Gold is expected … Continue reading →

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Crude Oil: Oil slipped as US crude stockpiles rose to a 22-year high

Posted on April 4, 2013 by GCI Financial

  Crude Oil prices declined 2.32% against the USD for the 24 hour period ending 23:00GMT, closing at 94.47, after the US Energy Information Administration (EIA) registered the highest jump in 22 years in US crude stockpiles. The US EIA … Continue reading →

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Silver: White metals trading lower this morning

Posted on April 4, 2013 by GCI Financial

  Silver prices declined 0.96% to the USD27.03 per ounce during the 24 hours ending 23:00GMT, on weak global trends. In the Asian session, at GMT0300, Silver is trading at 26.78, 0.90% lower from yesterday’s close. Silver is expected to … Continue reading →

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Gold: Yellow metal sinks on ebbing demand signals

Posted on April 4, 2013 by GCI Financial

  Gold prices traded lower by 1.17% against the USD in the 24 hour period ending 23:00GMT, at 1557.92 per ounce, on the back of sluggish demand at existing higher levels. In the Asian session, at GMT0300, Gold is trading … Continue reading →

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Crude Oil: Oil dropped as API oil inventories climbed

Posted on April 3, 2013 by GCI Financial

  Crude Oil prices declined 0.31% against the USD for the 24 hour period ending 23:00GMT, closing at 96.71, as the American Petroleum Institute reported that crude supplies rose 4.7 million barrels for the week ended March 29. However, gasoline … Continue reading →

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Silver: White metal retreated amid demand concerns

Posted on April 3, 2013 by GCI Financial

  Silver prices declined 2.78% to the USD27.29 per ounce during the 24 hours ending 23:00GMT, as weak manufacturing data from several European economies stoked demand fears for the industrial metal. In the Asian session, at GMT0300, Silver is trading … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on April 3, 2013 by GCI Financial

  Gold prices traded lower by 1.51% against the USD in the 24 hour period ending 23:00GMT, at 1576.32 per ounce. A noted French bank offered a dismal outlook for the yellow metal, stating that the gold price is in … Continue reading →

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Crude Oil: Oil trading lower this morning

Posted on April 2, 2013 by GCI Financial

  Crude Oil prices declined 0.20% against the USD for the 24 hour period ending 23:00GMT, closing at 97.01, on concerns over the shutdown of a US pipeline in the key Gulf Coast refining region. Investors now await for the … Continue reading →

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