Silver: White metal reverses its previous session gains this morning

Posted on October 26, 2012 by GCI Financial

  Silver prices rose 0.96% to the USD32.17 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 31.95, 0.68% lower from yesterday’s close. Silver is expected to find support at 31.78, … Continue reading →

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Crude Oil: Crude Oil rose amid signs of growth in the US economy, trading lower this morning

Posted on October 26, 2012 by GCI Financial

  Crude Oil prices advanced 0.48% against the USD for the 24 hour period ending 23:00GMT, closing at 86.18, following signs that the US economic growth is accelerating and amid speculation that the Bank of Japan would increase stimulus. Additionally, … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on October 25, 2012 by GCI Financial

  Silver prices rose 0.26% to the USD31.89 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 31.87, 0.06% lower from yesterday’s close. Silver is expected to find support at 31.58, … Continue reading →

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Gold: Yellow metal continued its yesterday’s losses

Posted on October 25, 2012 by GCI Financial

  Gold prices traded lower by 0.25% against the USD in the 24 hour period ending 23:00GMT, at 1706.95 per ounce, after the US Federal Reserve concluded its 2-day meeting yesterday and, as expected, made no change to its highly … Continue reading →

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Crude Oil: Oil declined on surging US crude stocks, weak data from Europe, trading higher this morning

Posted on October 25, 2012 by GCI Financial

  Crude Oil prices declined 1.06% against the USD for the 24 hour period ending 23:00GMT, closing at 85.77, as rising US crude inventories and weak Euro-zone economic data sparked fresh demand concerns. Yesterday, the US Energy Information Administration reported … Continue reading →

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Crude Oil: Crude Oil rises in Asian session after China data

Posted on October 24, 2012 by GCI Financial

  Crude Oil prices declined 2.84% against the USD for the 24 hour period ending 23:00GMT, closing at 86.69, as investors dumped the commodity due to global growth fears. Oil’s losses accelerated after stocks on Wall Street opened with heavy … Continue reading →

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Silver: White metal trading higher in the Asian session

Posted on October 24, 2012 by GCI Financial

  Silver prices declined 1.80% to the USD31.81 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 31.95, 0.47% higher from yesterday’s close. Silver is expected to find support at 31.56, … Continue reading →

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Gold: Precious metal erases yesterday’s losses, brushes off Spanish concern, US earnings

Posted on October 24, 2012 by GCI Financial

  Gold prices traded lower by 0.87% against the USD in the 24 hour period ending 23:00GMT, at 1711.15 per ounce, as investors opted for safe haven US Dollar, after Moody’s slapped credit-rating downgrades on the Spanish regions of Andalucia, … Continue reading →

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Crude Oil: Trading lower today morning

Posted on October 23, 2012 by GCI Financial

  Crude Oil prices declined 0.48% against the USD for the 24 hour period ending 23:00GMT, closing at 89.09, weighed down by persistent global economic health concerns. Oil prices also eased after TransCanada planned to restart its Keystone pipeline yesterday. … Continue reading →

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Silver: White metal declined in the Asian session

Posted on October 23, 2012 by GCI Financial

  Silver prices rose 1.41% to the USD32.33 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 32.27, 0.18% lower from yesterday’s close. Silver is expected to find support at 32.08, … Continue reading →

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Gold: Trading lower this morning, Fed policy meeting eyed

Posted on October 23, 2012 by GCI Financial

  Gold prices traded higher by 0.47% against the USD in the 24 hour period ending 23:00GMT, at 1726.22 per ounce, as the dollar weakened after regional election results in Spain rekindled hopes that the nation could request a bailout. … Continue reading →

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