Gold: Yellow metal rises as Russia, Kazakhstan central banks boost holdings

Posted on January 28, 2013 by GCI Financial

  On Friday Gold prices traded lower by 0.61% against the USD in the 24 hour period ending 24:00GMT, at 1658.75 per ounce, as signs that the Euro-zone crisis is stabilizing and the US recovery is gaining traction drove investors … Continue reading →

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Crude Oil: Oil gained amid positive global economic news, trading lower this morning

Posted on January 25, 2013 by GCI Financial

  Crude Oil prices advanced 0.43% against the USD for the 24 hour period ending 23:00GMT, closing at 95.96, buoyed by strong economic data from China, the Euro-zone and the US. Yesterday, the US Energy Information Administration reported that gasoline … Continue reading →

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Silver: Silver trading lower in the Asian session

Posted on January 25, 2013 by GCI Financial

  Silver prices declined 1.62% to the USD31.70 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.62, 0.25% lower from yesterday’s close. Silver is expected to find support at 31.39, … Continue reading →

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Gold: Gold declined as profit booking prevailed among investors

Posted on January 25, 2013 by GCI Financial

  Gold prices traded lower by 0.94% against the USD in the 24 hour period ending 23:00GMT, at 1669.00 per ounce, as investors booked profit. In the Asian session, at GMT0400, Gold is trading at 1668.65, marginally lower from yesterday’s … Continue reading →

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Crude Oil: Oil slips in the Asian session

Posted on January 24, 2013 by GCI Financial

  Crude Oil prices declined 1.29% against the USD for the 24 hour period ending 23:00GMT, closing at 95.55, as investor sentiment dented after the International Monetary Fund (IMF) lowered its 2013 global growth forecast. Oil prices also came under … Continue reading →

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Gold: Yellow metal continues to decline this morning

Posted on January 24, 2013 by GCI Financial

  Gold prices traded lower by 0.48% against the USD in the 24 hour period ending 23:00GMT, at 1684.85 per ounce, as increasing confidence in the global economic recovery diminished yellow metal’s appeal as a safe-haven investment. In the Asian … Continue reading →

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Crude Oil: Pulls back this morning, however holds on buoyant economic sentiment

Posted on January 23, 2013 by GCI Financial

  Crude Oil prices advanced 1.53% against the USD for the 24 hour period ending 23:00GMT, closing at 96.80, as prospects for stronger oil demand increased after economic sentiment improved in Germany and the Euro-zone. The Bank of Japan announcement … Continue reading →

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Silver: Silver trading reverses its previous session gains

Posted on January 23, 2013 by GCI Financial

  Silver prices rose 0.54% to the USD32.21 per ounce during the 24 hours ending 23:00GMT, taking cues from yellow metal to trade on a positive note. Also industrial metals and base metals traded in the green after easing by … Continue reading →

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Gold: Gold gained as the BOJ announced stimulus

Posted on January 23, 2013 by GCI Financial

  Gold prices traded higher by 0.15% against the USD in the 24 hour period ending 23:00GMT, at 1692.95 per ounce, after the Bank of Japan indicated that it would introduce open-ended asset purchases from 2014, thereby boosting speculation that … Continue reading →

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Crude Oil: Oil trading higher this morning

Posted on January 22, 2013 by GCI Financial

  Crude Oil prices advanced marginally against the USD for the 24 hour period ending 23:00GMT, closing at 95.34. In the Asian session, at GMT0400, Crude Oil is trading at 95.56, 0.23% higher from yesterday’s close. Crude Oil is expected … Continue reading →

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Silver: Silver trading above its MA’s

Posted on January 22, 2013 by GCI Financial

  Silver prices rose 0.35% to the USD32.04 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 32.02, marginally lower from yesterday’s close. Silver is expected to find support at 31.90, … Continue reading →

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