Crude Oil: Trading lower this morning

Posted on December 6, 2012 by GCI Financial

  Crude Oil prices declined 0.58% against the USD for the 24 hour period ending 23:00GMT, closing at 87.88, as concerns about the global economy and oil demand following subdued data from the US and Europe countered supply fears stemming … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: White metal trading higher in the Asian session

Posted on December 6, 2012 by GCI Financial

  Silver prices remained unchanged against the USD32.86 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 32.90, 0.12% higher from yesterday’s close. Silver is expected to find support at 32.54, … Continue reading →

Posted in Silver | Leave a comment

Gold: Yellow metal lower after Goldman cuts outlook

Posted on December 6, 2012 by GCI Financial

  Gold prices traded marginally lower against the USD in the 24 hour period ending 23:00GMT, at 1693.68 per ounce, amid persistent worries over the potential shifts in the US tax policy. In the Asian session, at GMT0400, Gold is … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: API reports a drop in crude oil supplies during the last week, Crude Oil trading higher this morning

Posted on December 5, 2012 by GCI Financial

  Crude Oil prices declined 0.75% against the USD for the 24 hour period ending 23:00GMT, closing at 88.39, as a lack of progress in negotiations for a deal to avoid the US fiscal cliff prior to the deadline weighed … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: White metal trading between its MA’s

Posted on December 5, 2012 by GCI Financial

  Silver prices declined 1.87% to the USD32.99 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 33.11, 0.36% higher from yesterday’s close. Silver is expected to find support at 32.71, … Continue reading →

Posted in Silver | Leave a comment

Gold: Yellow metal retreated to a one-month low below $1,700 per ounce, trading higher this morning

Posted on December 5, 2012 by GCI Financial

  Gold prices traded lower by 1.03% against the USD in the 24 hour period ending 23:00GMT, at 1698.35 per ounce, as technical selling sent the yellow metal plunging as did fears that the US could slide into a recession … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: Crude Oil trading lower ahead of inventory reports

Posted on December 4, 2012 by GCI Financial

Crude Oil prices advanced marginally against the USD for the 24 hour period ending 23:00GMT, closing at 89.06, amid supply worries stemming from lingering tensions in the Middle East including a fragile ceasefire between Israel and Palestine and worsening unrest … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: White metal trading below its MA’s

Posted on December 4, 2012 by GCI Financial

Silver prices rose 0.10% to the USD33.58 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 33.39, 0.54% lower from yesterday’s close. Silver is expected to find support at 33.21, and … Continue reading →

Posted in Silver | Leave a comment

Gold: Gold continues to decline in the Asian session

Posted on December 4, 2012 by GCI Financial

Gold prices traded marginally lower against the USD in the 24 hour period ending 23:00GMT, at 1716.06 per ounce. In the Asian session, at GMT0400, Gold is trading at 1710.60, 0.32% lower from yesterday’s close. Gold is expected to find … Continue reading →

Posted in Gold | Leave a comment

Silver: White metal trading higher in the Asian session

Posted on December 3, 2012 by GCI Financial

On Friday, Silver prices declined 2.33% to the USD33.41 per ounce during the 24 hours ending 24:00GMT. In the Asian session, at GMT0400, Silver is trading at 33.7, 0.85% higher from Friday’s close. Silver is expected to find support at … Continue reading →

Posted in Silver | Leave a comment

Gold: Precious metal gains amid robust Chinese factory and service-sector data

Posted on December 3, 2012 by GCI Financial

On Friday Gold prices traded lower by 0.66% against the USD in the 24 hour period ending 24:00GMT, at 1714.65 per ounce, In the Asian session, at GMT0400, Gold is trading at 1719.97, 0.31% higher from Friday’s close, as robust … Continue reading →

Posted in Gold | Leave a comment