Gold: Yellow metal rebounds in Asian session

Posted on January 7, 2013 by GCI Financial

  On Friday Gold prices traded lower by 0.33% against the USD in the 24 hour period ending 24:00GMT, at 1655.78 per ounce. In the Asian session, at GMT0400, Gold is trading at 1657.95, 0.13% higher from Friday’s close. Gold … Continue reading →

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Gold: Gold tumble after FOMC minutes

Posted on January 4, 2013 by GCI Financial

Gold prices traded lower by 1.57% against the USD in the 24 hour period ending 23:00GMT, at 1661.04 per ounce, as the dollar strengthened after the FOMC minutes indicated that quantitative easing may be ending this calendar year. In the … Continue reading →

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Silver: Silver plunges more than 3% yesterday on firm dollar

Posted on January 4, 2013 by GCI Financial

Silver prices declined 3.03% to the USD30.12 per ounce during the 24 hours ending 23:00GMT, as the greenback strengthened. In the Asian session, at GMT0400, Silver is trading at 29.72, 1.31% lower from yesterday’s close. Silver is expected to find … Continue reading →

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Crude Oil: Crude oil losing ground in the Asian session

Posted on January 4, 2013 by GCI Financial

Crude Oil prices traded flat against the USD for the 24 hour period ending 23:00GMT, closing at 92.77. Oil prices came under pressure after the US Federal Reserve policy makers signaled that they may end a stimulus program this year, … Continue reading →

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Gold: Gold holds on to yesterday’s gains

Posted on January 3, 2013 by GCI Financial

  Gold prices traded higher by 0.98% against the USD in the 24 hour period ending 23:00GMT, at 1687.44 per ounce, after the US policymakers settled a deal to avoid tax hikes that threatened to send the economy back to a … Continue reading →

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Silver: Silver extended its gains in the Asian session

Posted on January 3, 2013 by GCI Financial

Silver prices rose 2.76% to the USD 31.06 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.12, 0.21% higher from yesterday’s close. Silver is expected to find support at 30.56, … Continue reading →

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Crude Oil: Oil prices surges as US House passes budget bill; Market awaits US inventory reports

Posted on January 3, 2013 by GCI Financial

Crude Oil prices advanced 1.18% against the USD for the 24 hour period ending 23:00GMT, closing at 92.73, amid rise in demand prospects after the US lawmakers reached a deal to avert automatic tax increases and spending cuts that threatened … Continue reading →

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Gold: Yellow metal trading higher this morning

Posted on January 2, 2013 by GCI Financial

  On Monday, Gold prices traded higher by 1.08% against the USD in the 24 hour period ending 23:00GMT, at 1675.31 per ounce, as the greenback weakened. In the Asian session, at GMT0400, Gold is trading at 1679.06, 0.22% higher … Continue reading →

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Silver: White metal continues to zoom higher

Posted on January 2, 2013 by GCI Financial

Silver prices rose 0.88% to the USD30.35 per ounce during the 24 hours ending 23:00GMT on Monday. In the Asian session, at GMT0400, Silver is trading at 30.53, 0.61% higher from Monday’s close. Silver is expected to find support at … Continue reading →

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Crude Oil: Oil trading above $92 per barrel on positive China data

Posted on January 2, 2013 by GCI Financial

On Monday, Crude Oil prices advanced 1.24% against the USD for the 24 hour period ending 23:00GMT, closing at 91.75, on the hopes of a fiscal cliff agreement after Senate Majority Leader ,Mitch McConnell stated that lawmakers has reached an … Continue reading →

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Crude Oil: Crude Oil pressured as the US fiscal cliff deadline draws near

Posted on December 31, 2012 by GCI Financial

  On Friday, Crude Oil prices declined 0.83% against the USD for the 24 hour period ending 24:00GMT, closing at 90.62. On Friday, the US Energy Information Administration reported that, during the week ended December 21, crude supplies retreated by … Continue reading →

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