Gold: Gold fell below $1650 per ounce

Posted on February 12, 2013 by GCI Financial

  Gold prices traded lower by 1.17% against the USD in the 24 hour period ending 23:00GMT, at 1647.60 per ounce, as the dollar gained strength. In the Asian session, at GMT0400, Gold is trading at 1645.15, 0.15% lower from … Continue reading →

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Crude Oil: Crude Oil moving southwards in the Asian session

Posted on February 11, 2013 by GCI Financial

  On Friday, Crude Oil prices declined 0.20% against the USD for the 24 hour period ending 24:00GMT, closing at 95.77. In the Asian session, at GMT0400, Crude Oil is trading at 95.7, marginally lower from Friday’s close. Lighter trade … Continue reading →

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Silver: White metal trading higher this morning

Posted on February 11, 2013 by GCI Financial

  On Friday, Silver prices declined 0.33% to the USD31.41 per ounce during the 24 hours ending 24:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.47, 0.17% higher from Friday’s close. Silver is expected to find support … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on February 11, 2013 by GCI Financial

  On Friday Gold prices traded lower by 0.31% against the USD in the 24 hour period ending 24:00GMT, at 1667.20 per ounce. In the Asian session, at GMT0400, Gold is trading at 1667.65, marginally higher from Friday’s close. Gold … Continue reading →

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Silver: Trading below its MAs

Posted on February 8, 2013 by GCI Financial

  Silver prices declined 1.04% to the USD31.52 per ounce during the 24 hours ending 23:00GMT, as demand for the industrial metal decreased post gains recorded by the US dollar. In the Asian session, at GMT0400, Silver is trading at … Continue reading →

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Gold: Yellow metal trading lower in the Asian session

Posted on February 8, 2013 by GCI Financial

  Gold prices traded lower by 0.32% against the USD in the 24 hour period ending 23:00GMT, at 1672.35 per ounce, as the US Dollar strengthened. In the Asian session, at GMT0400, Gold is trading at 1671.15, marginally lower from … Continue reading →

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Crude Oil: Crude Oil dropped on Draghi’s comments, weak US jobs data

Posted on February 8, 2013 by GCI Financial

  Crude Oil prices declined 0.89% against the USD for the 24 hour period ending 23:00GMT, closing at 95.96, as investor sentiment was impacted after the ECB President, Mario Draghi stated that the bank would closely monitor developments in the … Continue reading →

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Crude Oil: Crude Oil trading slightly lower this morning

Posted on February 7, 2013 by GCI Financial

  Crude Oil prices advanced 0.19% against the USD for the 24 hour period ending 23:00GMT, closing at 96.82. Yesterday, the US Energy Information Administration reported that, for the week ended February 1, crude supplies rose 2.6 million barrels, compared … Continue reading →

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Silver: White metal trading higher in the Asian session

Posted on February 7, 2013 by GCI Financial

  Silver prices rose marginally to the USD31.85 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.86, marginally higher from yesterday’s close. Silver is expected to find support at 31.68, … Continue reading →

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Gold: Trading tad higher this morning

Posted on February 7, 2013 by GCI Financial

  Gold prices traded higher by 0.29% against the USD in the 24 hour period ending 23:00GMT, at 1677.80 per ounce. In the Asian session, at GMT0400, Gold is trading at 1679.03, marginally higher from yesterday’s close. Gold is expected … Continue reading →

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Crude Oil: US crude stockpiles rose: API

Posted on February 6, 2013 by GCI Financial

  Crude Oil prices advanced 0.71% against the USD for the 24 hour period ending 23:00GMT, closing at 96.64, as positive services PMI data from the Euro-zone, Germany and UK coupled with reports that US budget deficit estimates dropped below … Continue reading →

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