Crude Oil: US crude inventories slid in the second weekly decline in three, indicates API

Posted on November 21, 2012 by GCI Financial

  Crude Oil prices declined 1.79% against the USD for the 24 hour period ending 23:00GMT, closing at 87.34, as reports that Israel and Palestinians were near a truce eased investor worries over supply from the region. Late yesterday, the … Continue reading →

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Silver: White metal slips this morning

Posted on November 21, 2012 by GCI Financial

  Silver prices rose 0.17% to the USD33.14 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 32.91, 0.67% lower from yesterday’s close. Silver is expected to find support at 32.76, … Continue reading →

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Gold: Yellow metal extends its losses

Posted on November 21, 2012 by GCI Financial

  Gold prices traded lower by 0.20% against the USD in the 24 hour period ending 23:00GMT, at 1726.63 per ounce. In the Asian session, at GMT0400, Gold is trading at 1722.33, 0.25% lower from yesterday’s close. Gold is expected … Continue reading →

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Crude Oil: Middle Eastern concerns, US optimism further boost crude oil prices

Posted on November 20, 2012 by GCI Financial

  Crude Oil prices advanced 1.54% against the USD for the 24 hour period ending 23:00GMT, closing at 88.93, after conflict between Israel and Palestinian militants intensified, raising the threat of a broader conflict in the Middle East. Prices were … Continue reading →

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Silver: Trading higher in the Asian session

Posted on November 20, 2012 by GCI Financial

  Silver prices rose 2.01% to the USD33.08 per ounce during the 24 hours ending 23:00GMT, as firming global trend boosted demand for industrial metals. In the Asian session, at GMT0400, Silver is trading at 33.16, 0.26% higher from yesterday’s … Continue reading →

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Gold: Yellow metal tad higher

Posted on November 20, 2012 by GCI Financial

  Gold prices traded higher by 0.83% against the USD in the 24 hour period ending 23:00GMT, at 1732.02 per ounce, as the greenback weakened. In the Asian session, at GMT0400, Gold is trading at 1733.47, marginally higher from yesterday’s … Continue reading →

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Crude Oil: Crude Oil spikes on Mideast tensions

Posted on November 19, 2012 by GCI Financial

  On Friday, Crude Oil prices advanced 2.01% against the USD for the 24 hour period ending 24:00GMT, closing at 87.11, on concerns that Israel and Iran may be edging closer to war over latter’s nuclear ambitions. An International Atomic … Continue reading →

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Silver: Silver trading higher this morning

Posted on November 19, 2012 by GCI Financial

  On Friday, Silver prices declined 0.91% to the USD32.33 per ounce during the 24 hours ending 24:00GMT. In the Asian session, at GMT0400, Silver is trading at 32.62, 0.91% higher from Friday’s close. Silver is expected to find support … Continue reading →

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Gold: Precious metal higher on soft US dollar

Posted on November 19, 2012 by GCI Financial

  On Friday Gold prices traded lower by 0.10% against the USD in the 24 hour period ending 24:00GMT, at 1714.01 per ounce, as signs of global economic slowdown and fears of US recession dented the precious metal’s inflation-hedge appeal. … Continue reading →

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Crude Oil: Crude Oil dropped amid rise in inventories, trading higher this morning

Posted on November 16, 2012 by GCI Financial

  Crude Oil prices declined 1.03% against the USD for the 24 hour period ending 23:00GMT, closing at 85.39, following a surge in US oil inventories and amid weak US economic data. Yesterday, the Energy Information Administration reported that, for … Continue reading →

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Silver: White metal reverses previous session gains

Posted on November 16, 2012 by GCI Financial

  Silver prices rose marginally to the USD32.63 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 32.46, 0.52% lower from yesterday’s close. Silver is expected to find support at 32.16, … Continue reading →

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