Silver: Silver dropped on downbeat US manufacturing data; trading higher this morning

Posted on April 2, 2013 by GCI Financial

  Silver prices declined 0.94% to the USD28.07 per ounce during the 24 hours ending 23:00GMT, as a weaker-than-expected US manufacturing data in March indicated that demand for the industrial metal is unlikely to surge. In the Asian session, at … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on April 2, 2013 by GCI Financial

  Gold prices traded higher by 0.17% against the USD in the 24 hour period ending 23:00GMT, at 1600.53 per ounce, as the greenback weakened. In the Asian session, at GMT0300, Gold is trading at 1602.08, 0.10% higher from yesterday’s … Continue reading →

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Silver: White metal trading above its MA’s

Posted on March 28, 2013 by GCI Financial

  Silver prices declined 0.22% to the USD28.72 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 28.78, 0.22% higher from yesterday’s close. Silver is expected to find support at 28.32, … Continue reading →

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Crude Oil: Oil trading lower in the Asian session

Posted on March 28, 2013 by GCI Financial

  Crude Oil prices advanced 0.53% against the USD for the 24 hour period ending 23:00GMT, closing at 96.67. However, gains were limited after the US Energy Information Administration reported that crude supplies rose 3.3 million barrels for the week … Continue reading →

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Gold: Yellow metal continues to trade above $1600 per ounce levels

Posted on March 28, 2013 by GCI Financial

  Gold prices traded higher by 0.28% against the USD in the 24 hour period ending 23:00GMT, at 1605.45 per ounce, underpinned by hopes that the Federal Reserve will maintain its loose monetary policy after top policymakers indicated that the … Continue reading →

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Crude Oil: Oil gained on upbeat US durable goods data

Posted on March 27, 2013 by GCI Financial

  Crude Oil prices advanced 1.46% against the USD for the 24 hour period ending 23:00GMT, closing at 96.16, as a surge in US durable goods orders raised optimism over the demand for oil. Late yesterday, the American Petroleum Institute … Continue reading →

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Silver: White metal trading below its MA’s

Posted on March 27, 2013 by GCI Financial

  Silver prices declined 0.22% to the USD28.78 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 28.71, 0.23% lower from yesterday’s close. Silver is expected to find support at 28.60, … Continue reading →

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Gold: Yellow metal trading just below $1600 per ounce this morning

Posted on March 27, 2013 by GCI Financial

  Gold prices traded lower by 0.21% against the USD in the 24 hour period ending 23:00GMT, at 1600.97 per ounce. In the Asian session, at GMT0400, Gold is trading at 1599.53, marginally lower from yesterday’s close. Gold is expected … Continue reading →

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Crude Oil: Oil advanced as risk appetite increased following Cyprus deal

Posted on March 26, 2013 by GCI Financial

  Crude Oil prices advanced 1.13% against the USD for the 24 hour period ending 23:00GMT, closing at 94.78, as prospects for oil started to look brighter after Cyprus secured a €10 billion bailout financing and avoided economic collapse. Separately, … Continue reading →

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Silver: White metal trading lower this morning

Posted on March 26, 2013 by GCI Financial

  Silver prices rose 0.38% to the USD28.84 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 28.82, marginally lower from yesterday’s close. Silver is expected to find support at 28.58, … Continue reading →

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Gold: Yellow metal inches down

Posted on March 26, 2013 by GCI Financial

  Gold prices traded lower by 0.25% against the USD in the 24 hour period ending 23:00GMT, at 1604.36 per ounce, as a bailout deal to avert a collapse of Cyprus’ banking system reduced the metal’s safe-haven appeal. In the … Continue reading →

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