Crude Oil: Crude Oil pressured as EIA indicated a surge in crude stockpiles, trading higher this morning

Posted on January 10, 2013 by GCI Financial

  Crude Oil prices ended flat against the USD for the 24 hour period ending 23:00GMT, closing at 93.18. Earlier, oil prices had declined after the Energy Information Administration (EIA) reported that crude oil stockpiles climbed 1.3 million barrels to … Continue reading →

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Silver: White metal moving upwards this morning

Posted on January 10, 2013 by GCI Financial

  Silver prices declined 0.38% to the USD30.35 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 30.38, marginally higher from yesterday’s close. Silver is expected to find support at 30.10, … Continue reading →

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Gold: Gold prices higher ahead of the BoE and ECB meeting

Posted on January 10, 2013 by GCI Financial

  Gold prices traded lower by 0.30% against the USD in the 24 hour period ending 23:00GMT, at 1656.39 per ounce, as the dollar strengthened. In the Asian session, at GMT0400, Gold is trading at 1657.04, marginally higher from yesterday’s … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on January 9, 2013 by GCI Financial

Silver prices rose 0.71% to the USD30.47 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 30.35, 0.37% lower from yesterday’s close. Silver is expected to find support at 30.10, and … Continue reading →

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Gold: Gold reverses previous session gains

Posted on January 9, 2013 by GCI Financial

Gold prices traded higher by 0.68% against the USD in the 24 hour period ending 23:00GMT, at 1661.36 per ounce. In the Asian session, at GMT0400, Gold is trading at 1658.55, 0.17% lower from yesterday’s close. Gold is expected to … Continue reading →

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Crude Oil: API reports a surge in crude supplies

Posted on January 9, 2013 by GCI Financial

Crude Oil prices declined 0.11% against the USD for the 24 hour period ending 23:00GMT, closing at 93.18, as investors speculated that crude stockpiles would rise this week in the US after contracting notably during the previous week. The American … Continue reading →

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Silver: Silver reverses previous session gains

Posted on January 8, 2013 by GCI Financial

  Silver prices rose 0.21% to the USD30.25 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 30.14, 0.37% lower from yesterday’s close. Silver is expected to find support at 29.88, … Continue reading →

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Crude Oil: Crude Oil rebounded amid bottom fishing; trading lower this morning

Posted on January 8, 2013 by GCI Financial

  Crude Oil prices advanced 0.25% against the USD for the 24 hour period ending 23:00GMT, closing at 93.28, as investors indulged in bottom fishing, after oil prices fell last week on concerns that the US Congress would struggle in … Continue reading →

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Gold: Gold prices drop in the Asian session

Posted on January 8, 2013 by GCI Financial

  Gold prices traded lower by 0.42% against the USD in the 24 hour period ending 23:00GMT, at 1650.12 per ounce. In the Asian session, at GMT0400, Gold is trading at 1648.36, 0.11% lower from yesterday’s close. Gold is expected … Continue reading →

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Crude Oil: Oil ended higher on EIA supply report, trading lower this moning

Posted on January 7, 2013 by GCI Financial

  On Friday, Crude Oil prices advanced 0.45% against the USD for the 24 hour period ending 24:00GMT, closing at 93.19, after official data revealed that crude oil inventories dropped more than expected last week and amid a stronger-than-expected US … Continue reading →

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Silver: White metal trading above its MA’s

Posted on January 7, 2013 by GCI Financial

  On Friday, Silver prices rose 0.34% to the USD30.22 per ounce during the 24 hours ending 24:00GMT. In the Asian session, at GMT0400, Silver is trading at 30.27, 0.17% higher from Friday’s close. Silver is expected to find support … Continue reading →

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