Crude Oil: Oil advanced on intensifying Iranian nuclear standoff, OPEC supply cut

Posted on February 15, 2013 by GCI Financial

  Crude Oil prices advanced 0.21% against the USD for the 24 hour period ending 23:00GMT, closing at 97.31, after Iran and the UN failed to reach a deal on inspections with Iran.. Prices were also bolstered amid speculation that … Continue reading →

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Silver: White metal trading lower this morning

Posted on February 15, 2013 by GCI Financial

  Silver prices declined 1.10% to the USD30.43 per ounce during the 24 hours ending 23:00GMT. Yesterday, a leading broker boosted its 2013 silver target to $33 from $32 an ounce and its 2014 target to $31 from $28 an … Continue reading →

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Gold: Yellow metal declined amid a strong dollar

Posted on February 15, 2013 by GCI Financial

  Gold prices traded lower by 0.46% against the USD in the 24 hour period ending 23:00GMT, at 1634.65 per ounce, as the greenback strengthened. In the Asian session, at GMT0400, Gold is trading at 1632.95, 0.10% lower from yesterday’s … Continue reading →

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Crude Oil: Oil slipped as IEA trimmed 2013 oil demand

Posted on February 14, 2013 by GCI Financial

Crude Oil prices declined 0.46% against the USD for the 24 hour period ending 23:00GMT, closing at 97.11, after reports showed a rise in oil stockpiles. Yesterday, Energy Information Administration reported that crude supplies climbed by 600,000 barrels for the … Continue reading →

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Silver: Trading below its MAs

Posted on February 14, 2013 by GCI Financial

  Silver prices declined 1.36% to the USD 30.77 per ounce during the 24 hours ending 23:00GMT, as investors await direction ahead of the G-20 meet during the weekend. In the Asian session, at GMT0400, Silver is trading at 30.83, … Continue reading →

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Gold: Yellow-metal trading higher but languishing below U$1650 level.

Posted on February 14, 2013 by GCI Financial

  Gold prices traded lower by 0.65% against the USD in the 24 hour period ending 23:00GMT, at 1642.15 per ounce. In the Asian session, at GMT0400, Gold is trading at 1645.15, 0.18% higher from yesterday’s close. Gold is expected … Continue reading →

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Crude Oil: Crude Oil gained after OPEC raised demand outlook

Posted on February 13, 2013 by GCI Financial

  Crude Oil prices advanced 0.66% against the USD for the 24 hour period ending 23:00GMT, closing at 97.56, after the US Energy Information Administration (EIA) stated that the world oil demand would increase faster than previously expected in 2013 … Continue reading →

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Silver: White metal trading above its MA’s

Posted on February 13, 2013 by GCI Financial

  Silver prices rose 0.94% to the USD31.19 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.18, marginally lower from yesterday’s close. Silver is expected to find support at 30.77, … Continue reading →

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Gold: Yellow metal advanced on G7 policy warning, trading lower this morning

Posted on February 13, 2013 by GCI Financial

  Gold prices traded higher by 0.32% against the USD in the 24 hour period ending 23:00GMT, at 1652.85 per ounce, as the greenback weakened after the G7 nations stated that they want to allow markets to determine exchange rates … Continue reading →

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Crude Oil: Crude oil gives back some of its yesterday’s gains

Posted on February 12, 2013 by GCI Financial

  Crude Oil prices advanced 1.17% against the USD for the 24 hour period ending 23:00GMT, closing at 96.92. In the Asian session, at GMT0400, Crude Oil is trading at 96.87, 0.05% lower from yesterday’s close. Investors await the oil … Continue reading →

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Silver: Trading lower

Posted on February 12, 2013 by GCI Financial

  Silver prices fell 1.68% to the USD30.90 per ounce during the 24 hours ending 23:00GMT, amid a strong dollar. In the Asian session, at GMT0400, Silver is trading at 30.83, 0.23% lower from yesterday’s close. Silver is expected to … Continue reading →

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