Gold: Yellow metal moving northwards this morning

Posted on January 22, 2013 by GCI Financial

  Gold prices traded higher by 0.24% against the USD in the 24 hour period ending 23:00GMT, at 1690.35 per ounce, despite the news that India would increase import taxes on bullion to reduce its trade deficit. Yesterday, India, the … Continue reading →

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Crude Oil: Oil rose as IEA raised its demand forecast; trading lower this morning

Posted on January 21, 2013 by GCI Financial

  On Friday, Crude Oil prices advanced 0.13% against the USD for the 24 hour period ending 24:00GMT, closing at 95.31, as the International Energy Agency (IEA) raised its forecast for oil demand in the FY2013 and as China’s economy … Continue reading →

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Silver: White metal moving northwards this morning

Posted on January 21, 2013 by GCI Financial

  On Friday, Silver prices rose 0.40% to the USD31.87 per ounce during the 24 hours ending 24:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.98, 0.35% higher from Friday’s close. Silver is expected to find support … Continue reading →

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Gold: Precious metal trading higher this morning

Posted on January 21, 2013 by GCI Financial

  On Friday, Gold prices traded lower by 0.17% against the USD in the 24 hour period ending 24:00GMT, at 1684.30 per ounce, after traders ignored a spate of encouraging Chinese economic data points to focus more on concerning news … Continue reading →

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Crude Oil: Oil rises on upbeat US, China data

Posted on January 18, 2013 by GCI Financial

  Crude Oil prices advanced 1.07% against the USD for the 24 hour period ending 23:00GMT, closing at 95.19, on positive economic reports in the US. Strong reports on housing starts and fewer unemployment claims made traders more optimistic about … Continue reading →

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Silver: Silver trading higher in the Asian session

Posted on January 18, 2013 by GCI Financial

  Silver prices rose 0.76% to the USD31.74 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.78, 0.12% higher from yesterday’s close. Silver is expected to find support at 31.25, … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on January 18, 2013 by GCI Financial

  Gold prices traded higher by 0.39% against the USD in the 24 hour period ending 23:00GMT, at 1687.15 per ounce. In the Asian session, at GMT0400, Gold is trading at 1688.85, 0.10% higher from yesterday’s close. Gold is expected … Continue reading →

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Crude Oil: Black gold rose on a surprise drop in the US crude stocks, trading lower this morning

Posted on January 17, 2013 by GCI Financial

  Crude Oil prices advanced 0.75% against the USD for the 24 hour period ending 23:00GMT, closing at 94.14, after the EIA inventory data showed an unexpected drop in the US crude-oil stockpile. Yesterday, the data from the US Energy … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on January 17, 2013 by GCI Financial

  Silver prices rose 0.35% to the USD31.48 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.37, 0.37% lower from yesterday’s close. Silver is expected to find support at 31.13, … Continue reading →

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Gold: Bull run in gold prices to continue, indicates GFMS

Posted on January 17, 2013 by GCI Financial

  Gold prices traded marginally higher against the USD in the 24 hour period ending 23:00GMT, at 1680.65 per ounce. In an update to its Gold Survey 2012, the global metal consultancy firm, GFMS, said that it expects gold to … Continue reading →

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Crude Oil: Trading higher in the Asian session

Posted on January 16, 2013 by GCI Financial

  Crude Oil prices declined 0.71% against the USD for the 24 hour period ending 23:00GMT, closing at 93.44, as the sixth straight contraction in the US New York-area manufacturing sector and fight over the US debt ceiling stoked concerns … Continue reading →

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