Silver: White metal trading above its MA’s

Posted on January 16, 2013 by GCI Financial

  Silver prices rose 0.96% to the USD31.37 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.44, 0.21% higher from yesterday’s close. Silver is expected to find support at 31.14, … Continue reading →

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Gold: Gold gained following news of repatriation of gold reserves by the Bundesbank

Posted on January 16, 2013 by GCI Financial

  Gold prices traded higher by 0.67% against the USD in the 24 hour period ending 23:00GMT, at 1679.15 per ounce, boosted by the news that Germany’s central bank would repatriate some $200 billion (£125 billion) of gold reserves it … Continue reading →

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Crude Oil: Trading lower on demand concerns

Posted on January 15, 2013 by GCI Financial

  Crude Oil prices advanced 0.30% against the USD for the 24 hour period ending 23:00GMT, closing at 94.11, as the dollar weakened. However oil traders remained cautious, after a poll released by Politico indicated that more than half of … Continue reading →

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Silver: White metal rose on global cues

Posted on January 15, 2013 by GCI Financial

  Silver prices rose 2.15% to the USD31.08 per ounce during the 24 hours ending 23:00GMT, as increased buying by industrial units and a firm global trend supported speculators to enlarge their positions in white metal. In the Asian session, … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on January 15, 2013 by GCI Financial

  Gold prices traded higher by 0.42% against the USD in the 24 hour period ending 23:00GMT, at 1668.03 per ounce, as traders snapped up long positions in the shiny metal on speculation that the Federal Reserve would make no … Continue reading →

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Silver: White metal trending upwards this morning

Posted on January 14, 2013 by GCI Financial

  On Friday, Silver prices declined 1.20% to the USD30.47 per ounce during the 24 hours ending 24:00GMT. In the Asian session, at GMT0400, Silver is trading at 30.63, 0.53% higher from Friday’s close. Silver is expected to find support … Continue reading →

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Gold: Yellow metal reverses previous session losses

Posted on January 14, 2013 by GCI Financial

  On Friday Gold prices traded lower by 0.65% against the USD in the 24 hour period ending 24:00GMT, at 1662.79 per ounce, after growing inflation pressure in China dented hopes for more stimulus. In the Asian session, at GMT0400, … Continue reading →

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Crude Oil: Crude Oil fell as Chinese inflation and US trade data stoked concerns, trading higher this morning

Posted on January 14, 2013 by GCI Financial

  On Friday, Crude Oil prices declined 0.31% against the USD for the 24 hour period ending 24:00GMT, closing at 93.77, as growing inflation pressure in China dampened hopes for a fresh stimulus and amid a wider-than-expected trade deficit recorded … Continue reading →

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Silver: White metal moving southwards this morning

Posted on January 11, 2013 by GCI Financial

Silver prices rose 1.60% to the USD30.84 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 30.83, marginally lower from yesterday’s close. Silver is expected to find support at 30.46, and … Continue reading →

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Gold: Gold trading flat following yesterday’s gains

Posted on January 11, 2013 by GCI Financial

Gold prices traded higher by 1.06% against the USD in the 24 hour period ending 23:00GMT, at 1673.95 per ounce, as the dollar weakened against most of its trading counterparts. In the Asian session, at GMT0400, Gold is trading at … Continue reading →

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Crude Oil: Crude Oil gained amid upbeat Chinese trade data and declining Saudi output levels

Posted on January 11, 2013 by GCI Financial

Crude Oil prices advanced 0.96% against the USD for the 24 hour period ending 23:00GMT, closing at 94.07, amid news that top world oil exporter, Saudi Arabia had reduced production in response to declining demand and after data released yesterday … Continue reading →

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