Crude Oil: Oil dropped on weak economic cues from China, Euro-zone

Posted on March 4, 2013 by GCI Financial

  On Friday, Crude Oil prices declined 1.22% against the USD for the 24 hour period ending 24:00GMT, closing at 90.68, as disappointing Chinese manufacturing data and record euro-zone unemployment figures raised demand concerns. In the Asian session, at GMT0400, … Continue reading →

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Gold: Gold dropped on strong dollar, trading higher this morning

Posted on March 4, 2013 by GCI Financial

  On Friday Gold prices traded lower by 0.34% against the USD in the 24 hour period ending 24:00GMT, at 1576.23 per ounce, as the greenback strengthened. In the Asian session, at GMT0400, Gold is trading at 1577.27, marginally higher … Continue reading →

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Silver: White metal trading higher this morning

Posted on March 4, 2013 by GCI Financial

  On Friday, Silver prices rose 0.12% to the USD28.60 per ounce during the 24 hours ending 24:00GMT. In the Asian session, at GMT0400, Silver is trading at 28.61, marginally higher from Friday’s close. Silver is expected to find support … Continue reading →

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Crude Oil: Oil trading lower as Chinese PMI disappoints

Posted on March 1, 2013 by GCI Financial

  Crude Oil prices declined 1.28% against the USD for the 24 hour period ending 23:00GMT, closing at 91.80, as investor sentiment dented after the US fourth-quarter gross domestic product came in below market expectations. In the Asian session, at … Continue reading →

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Silver: White metal moving lower in the Asian session

Posted on March 1, 2013 by GCI Financial

  Silver prices declined 1.55% to the USD28.56 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 28.54, 0.10% lower from yesterday’s close. Silver is expected to find support at 28.24, … Continue reading →

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Gold: Yellow metal trading lower this morning

Posted on March 1, 2013 by GCI Financial

  Gold prices traded lower by 0.96% against the USD in the 24 hour period ending 23:00GMT, at 1581.64 per ounce, as the greenback strengthened, while waning investor’s interest also weighed on demand for precious metal. In the Asian session, … Continue reading →

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Crude Oil: Crude oil gained following lower-than-expected rise in crude stockpiles

Posted on February 28, 2013 by GCI Financial

  Crude Oil prices advanced 0.28% against the USD for the 24 hour period ending 23:00GMT, closing at 92.99, as the EIA revealed that US crude inventories rose less-than-expected last week. Yesterday, the US Energy Information Administration reported that, in … Continue reading →

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Silver: Industrial metal trading lower

Posted on February 28, 2013 by GCI Financial

  Silver prices declined 1.28% to the USD29.02 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 29.07, 0.17% higher from yesterday’s close. Silver is expected to find support at 28.85, … Continue reading →

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Gold: Yellow metal rises in the Asian session

Posted on February 28, 2013 by GCI Financial

  Gold prices traded lower by 1.04% against the USD in the 24 hour period ending 23:00GMT, at 1596.99 per ounce. In the Asian session, at GMT0400, Gold is trading at 1598.27, marginally higher from yesterday’s close. Gold is expected … Continue reading →

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Crude Oil: Oil lifted by positive US economic data; trading lower this morning

Posted on February 27, 2013 by GCI Financial

  Crude Oil prices advanced 0.64% against the USD for the 24 hour period ending 23:00GMT, closing at 92.73, as upbeat US consumer confidence and new home sales data helped lift investor sentiment. Late Tuesday, the American Petroleum Institute reported … Continue reading →

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Silver: White metal trading lower this morning

Posted on February 27, 2013 by GCI Financial

  Silver prices rose 1.45% to the USD29.39 per ounce during the 24 hours ending 23:00GMT, as better-than-expected US economic data improved prospects for industrial metals. In the Asian session, at GMT0400, Silver is trading at 29.28, 0.37% lower from … Continue reading →

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