Gold: Gold steady above $1720 per ounce

Posted on November 1, 2012 by GCI Financial

  Gold prices traded higher by 0.52% against the USD in the 24 hour period ending 23:00GMT, at 1720.29 per ounce, as the greenback weakened. Speculation of rising physical demand in Asia pushed up precious metal prices as well. In … Continue reading →

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Crude Oil: Crude Oil up as US refineries resume operations post storm Sandy

Posted on October 31, 2012 by GCI Financial

  Crude Oil prices advanced 0.49% against the USD for the 24 hour period ending 23:00GMT, closing at 85.71. Late yesterday, the American Petroleum Institute reported that crude oil inventories rose 2.1 million barrels for the week ended October 26. … Continue reading →

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Silver: White metal declines in the Asian session

Posted on October 31, 2012 by GCI Financial

  Silver prices rose 0.26% to the USD31.90 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.89, marginally lower from yesterday’s close. Silver is expected to find support at 31.72, … Continue reading →

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Gold: Yellow metal trading lower today morning

Posted on October 31, 2012 by GCI Financial

  Gold prices traded higher by 0.19% against the USD in the 24 hour period ending 23:00GMT, at 1711.71 per ounce, as appeal of the precious metal increased after the Bank of Japan increased the size of its asset-purchase program … Continue reading →

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Crude Oil: Oil slipped as Hurricane Sandy dampened oil demand, trading higher this morning

Posted on October 30, 2012 by GCI Financial

  Crude Oil prices declined 0.77% against the USD for the 24 hour period ending 23:00GMT, closing at $85.29, as refineries and oil terminals on the US East Coast shut down due to Hurricane Sandy. In the Asian session, at … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on October 30, 2012 by GCI Financial

  Silver prices declined 0.54% to the USD31.88 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.86, marginally lower from yesterday’s close. Silver is expected to find support at 31.64, … Continue reading →

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Gold: Trading near $1,710 per ounce

Posted on October 30, 2012 by GCI Financial

  Gold prices traded lower by 0.21% against the USD in the 24 hour period ending 23:00GMT, at 1710.80 per ounce, as global stock and commodity prices fell, with a recent run of downbeat corporate earnings casting a shadow over … Continue reading →

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Silver: White metal trading higher his morning

Posted on October 29, 2012 by GCI Financial

On Friday, Silver prices declined 0.28% to the USD32.08 per ounce during the 24 hours ending 24:00GMT. In the Asian session, at GMT0400, Silver is trading at 32.14, 0.16% higher from Friday’s close. Silver is expected to find support at … Continue reading →

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Crude Oil: Crude Oil down in the Asian session as Hurricane Sandy megastorm approaches US

Posted on October 29, 2012 by GCI Financial

On Friday, Crude Oil prices advanced marginally against the USD for the 24 hour period ending 24:00GMT, closing at 86.24, after stronger-than-expected US third quarter growth data raised demand prospects. In the Asian session, at GMT0400, Crude Oil is trading … Continue reading →

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Gold: Gold reverses its previous session losses this morning

Posted on October 29, 2012 by GCI Financial

On Friday, Gold prices traded lower by 0.15% against the USD in the 24 hour period ending 24:00GMT, at 1711.26 per ounce. In the Asian session, at GMT0400, Gold is trading at 1715.05, 0.22% higher from Friday’s close. Gold is … Continue reading →

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Gold: Gold steady above $1700/oz on demand prospects

Posted on October 26, 2012 by GCI Financial

  Gold prices traded higher by 0.41% against the USD in the 24 hour period ending 23:00GMT, at 1713.90 per ounce, bolstered by stronger demand from India and amid encouraging UK economic growth data. Expectations that the Bank of Japan … Continue reading →

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