Crude Oil: Crude Oil trading almost flat this morning

Posted on January 31, 2013 by GCI Financial

  Crude Oil prices advanced 0.63% against the USD for the 24 hour period ending 23:00GMT, closing at 97.99, as the US Federal Reserve’s pledge to stick to its bond-buying stimulus plan and upbeat Euro-zone data fuelled optimism about future … Continue reading →

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Silver: Silver extends its previous session gains

Posted on January 31, 2013 by GCI Financial

  Silver prices rose 1.91% to the USD31.99 per ounce during the 24 hours ending 23:00GMT, as traders enlarged their long positions in white metal on firming global trend. In the Asian session, at GMT0400, Silver is trading at 32.10, … Continue reading →

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Gold: Yellow metal shines after US GDP data, Fed meeting

Posted on January 31, 2013 by GCI Financial

  Gold prices traded higher by 0.74% against the USD in the 24 hour period ending 23:00GMT, at 1676.15 per ounce, as demand for the safe haven metal increased after the US economy unexpectedly shrank in the Q4 FY2012 and … Continue reading →

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Crude Oil: Oil rises on optimism on US economy

Posted on January 30, 2013 by GCI Financial

  Crude Oil prices advanced 0.90% against the USD for the 24 hour period ending 23:00GMT, closing at 97.38, after US home prices rose in line with market expectations in November. However, gains were capped earlier following disappointing US consumer … Continue reading →

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Gold: Yellow metal holds ground; Federal Reserve meeting in focus

Posted on January 30, 2013 by GCI Financial

  Gold prices traded higher by 0.50% against the USD in the 24 hour period ending 23:00GMT, at 1663.80 per ounce, on hopes that the US Federal Reserve would opt to continue with monetary stimulus. In the Asian session, at … Continue reading →

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Silver: White metal continues to trade higher in the Asian session

Posted on January 30, 2013 by GCI Financial

  Silver prices rose 1.66% to the USD31.39 per ounce during the 24 hours ending 23:00GMT, on firming industrial demand. In the Asian session, at GMT0400, Silver is trading at 31.47, 0.25% higher from yesterday’s close. Silver is expected to … Continue reading →

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Gold: Gold traders await Federal Reserve decision

Posted on January 29, 2013 by GCI Financial

  Gold prices traded lower by 0.31% against the USD in the 24 hour period ending 23:00GMT, at 1655.50 per ounce, as upbeat durable goods order data in the US fuelled optimism about a stable recovery, driving investors away from … Continue reading →

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Silver: Silver reverses its downward slide

Posted on January 29, 2013 by GCI Financial

  Silver prices declined 1.20% to the USD30.88 per ounce during the 24 hours ending 23:00GMT, on lack of buying support from industrial units. In the Asian session, at GMT0400, Silver is trading at 30.97, 0.30% higher from yesterday’s close. … Continue reading →

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Crude Oil: Oil rose amid positive US economic data and OPEC’s bullish comments

Posted on January 29, 2013 by GCI Financial

  Crude Oil prices advanced 0.60% against the USD for the 24 hour period ending 23:00GMT, closing at 96.51, as investor sentiment was boosted after US orders for manufactured goods rose more-than-expected in December and as the OPEC Secretary General, … Continue reading →

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Crude Oil: Crude Oil trading lower this morning

Posted on January 28, 2013 by GCI Financial

  On Friday, Crude Oil prices advanced marginally against the USD for the 24 hour period ending 24:00GMT, closing at 95.97, amid speculation that the global economic recovery will boost fuel demand. Additionally, tensions in the oil-producing Middle East remained, … Continue reading →

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Silver: White metal trading higher on data from China, Japan

Posted on January 28, 2013 by GCI Financial

  On Friday, Silver prices declined 1.58% to the USD31.20 per ounce during the 24 hours ending 24:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.23, marginally higher from Friday’s close, as data from China, the world’s … Continue reading →

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