Gold: Gold prices fell after World Gold Council reported a drop in demand

Posted on November 16, 2012 by GCI Financial

  Gold prices traded lower by 0.51% against the USD in the 24 hour period ending 23:00GMT, at 1715.70 per ounce, after the World Gold Council reported that global demand for gold declined 11% from a record a year earlier … Continue reading →

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Crude Oil: Tensions in the Middle East rekindled supply concerns, Oil trading higher this morning

Posted on November 15, 2012 by GCI Financial

  Crude Oil prices advanced 1.22% against the USD for the 24 hour period ending 23:00GMT, closing at 86.28, as Israel’s launch of an offensive against Palestinian militants in Gaza, killed a Hamas military leader, which sent oil prices higher … Continue reading →

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Silver: White metal continues its previous session gains

Posted on November 15, 2012 by GCI Financial

  Silver prices rose 0.32% to the USD32.62 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 32.63, marginally higher from yesterday’s close. Silver is expected to find support at 32.36, … Continue reading →

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Gold: Yellow metal tad higher this morning

Posted on November 15, 2012 by GCI Financial

  Gold prices traded higher by 0.11% against the USD in the 24 hour period ending 23:00GMT, at 1724.54 per ounce, amid hopes for higher demand from Asian buyers, especially from India. Prices were further lifted as minutes of the … Continue reading →

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Crude Oil: Crude Oil prices dropped as IEA slashed estimates for global oil demand, trading higher this morning

Posted on November 14, 2012 by GCI Financial

  Crude Oil prices declined 0.20% against the USD for the 24 hour period ending 23:00GMT, closing at 85.24, after the International Energy Agency (IEA) lowered its estimates for global oil demand for the Q4 FY2012 by 290,000 barrels to … Continue reading →

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Silver: White metal continues to trade higher in Asian session

Posted on November 14, 2012 by GCI Financial

  Silver prices rose 0.54% to the USD32.52 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 32.62, 0.32% higher from yesterday’s close. Silver is expected to find support at 32.22, … Continue reading →

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Gold: Gold prices move northwards

Posted on November 14, 2012 by GCI Financial

  Gold prices traded marginally lower against the USD in the 24 hour period ending 23:00GMT, at 1726.49 per ounce. In the Asian session, at GMT0400, Gold is trading at 1728.05, marginally higher from yesterday’s close. Gold is expected to … Continue reading →

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Crude Oil: Crude Oil trading lower on concerns over demand for energy

Posted on November 13, 2012 by GCI Financial

  Crude Oil prices declined 0.79% against the USD for the 24 hour period ending 23:00GMT, closing at 85.42, amid rising demand concerns after a report indicated that Japan’s economy slowed more-than-expected, thereby adding to fears over the weakening of … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on November 13, 2012 by GCI Financial

  Silver prices declined 1.06% to the USD32.34 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 32.29, 0.17% lower from yesterday’s close. Silver is expected to find support at 32.05, … Continue reading →

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Gold: Precious metal trading lower

Posted on November 13, 2012 by GCI Financial

  Gold prices traded lower by 0.48% against the USD in the 24 hour period ending 23:00GMT, at 1726.65 per ounce, as the US Dollar strengthened. In the Asian session, at GMT0400, Gold is trading at 1724.75, 0.11% lower from … Continue reading →

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Crude Oil: Crude Oil boosted by positive economic data from China, the US

Posted on November 12, 2012 by GCI Financial

  On Friday, Crude Oil prices advanced 1.35% against the USD for the 24 hour period ending 24:00GMT, closing at 86.17, boosted by an upbeat industrial production data from China and as consumer sentiment in the US rose to a … Continue reading →

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