Silver: White metal trading lower this morning

Posted on February 6, 2013 by GCI Financial

  Silver prices rose 0.19% to the USD31.82 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.79, 0.12% lower from yesterday’s close. Silver is expected to find support at 31.57, … Continue reading →

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Gold: Precious metal trading tad higher in the Asian session

Posted on February 6, 2013 by GCI Financial

  Gold prices traded lower by 0.11% against the USD in the 24 hour period ending 23:00GMT, at 1672.95 per ounce. In the Asian session, at GMT0400, Gold is trading at 1673.35, marginally higher from yesterday’s close. Gold is expected … Continue reading →

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Crude Oil: Oil trading higher on Chinese PMI data

Posted on February 5, 2013 by GCI Financial

  Crude Oil prices declined 1.71% against the USD for the 24 hour period ending 23:00GMT, closing at 95.96, as political uncertainty in Spain and Italy dampened investor risk appetite. In the Asian session, at GMT0400, Crude Oil is trading … Continue reading →

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Silver: White metal moving southwards

Posted on February 5, 2013 by GCI Financial

  Silver prices declined 0.28% to the USD31.76 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.75, marginally lower from yesterday’s close. Silver is expected to find support at 31.46, … Continue reading →

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Gold: Gold trading lower in the Asian session

Posted on February 5, 2013 by GCI Financial

  Gold prices traded higher by 0.39% against the USD in the 24 hour period ending 23:00GMT, at 1674.75 per ounce. In the Asian session, at GMT0400, Gold is trading at 1674.30, marginally lower from yesterday’s close. Gold is expected … Continue reading →

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Crude Oil: Oil buoyed by positive US consumer sentiment, manufacturing data, trading tad lower this morning

Posted on February 4, 2013 by GCI Financial

  On Friday, Crude Oil prices advanced marginally against the USD for the 24 hour period ending 24:00GMT, closing at 97.61, on the back of upbeat US consumer sentiment and manufacturing data. In the US, the consumer sentiment index rose … Continue reading →

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Silver: White metal continued its upward trend; trading lower this morning

Posted on February 4, 2013 by GCI Financial

  On Friday, Silver prices rose 1.14% to the USD31.83 per ounce during the 24 hours ending 24:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.82, marginally lower from Friday’s close. Silver is expected to find support … Continue reading →

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Gold: Gold ‘production cliff’ ahead, indicated a leading broker

Posted on February 4, 2013 by GCI Financial

  On Friday Gold prices traded higher by 0.18% against the USD in the 24 hour period ending 24:00GMT, at 1667.31 per ounce. A leading broker, in its latest report, indicated that the world is heading for a major gold … Continue reading →

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Crude Oil: Crude oil slips further on disappointing Chinese PMI

Posted on February 1, 2013 by GCI Financial

  Crude Oil prices declined 0.46% against the USD for the 24 hour period ending 23:00GMT, closing at 97.54, as risk appetite decreased among investors after disappointing weekly jobless claims in the US. In the Asian session, at GMT0400, Crude … Continue reading →

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Silver: Silver prices continues to drop in the Asian session

Posted on February 1, 2013 by GCI Financial

  Silver prices declined 1.64% to the USD31.47 per ounce during the 24 hours ending 23:00GMT. Yesterday, a leading broking house lowered its forecast for silver prices in 2013, stating that the interest in silver has been limited in the … Continue reading →

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Gold: Yellow metal declines as Chinese PMI disappoints

Posted on February 1, 2013 by GCI Financial

  Gold prices traded lower by 0.71% against the USD in the 24 hour period ending 23:00GMT, at 1664.32 per ounce. Yesterday, a leading broker lowered its 2013 price forecast for gold to $1790 per ounce from $1865, while retaining … Continue reading →

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