Crude Oil: Crude Oil fell on weak US housing data, trading higher this morning

Posted on October 22, 2012 by GCI Financial

  On Friday, Crude Oil prices declined 2.1% against the USD for the 24 hour period ending 23:00GMT, closing at 90.14, as investors avoided the commodity after industry data revealed that existing homes sales declined in the US last month. … Continue reading →

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Silver: White metal reversed previous session losses, trading higher this morning

Posted on October 22, 2012 by GCI Financial

  On Friday, Silver prices declined 2.3% to the USD32.07 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 32.20, 0.41% higher from Friday’s close. Silver is expected to find support … Continue reading →

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Gold: Trading higher in the Asian session

Posted on October 22, 2012 by GCI Financial

  On Friday Gold prices traded lower by 1.17% against the USD in the 24 hour period ending 23:00GMT, at 1721.72 per ounce, as a combination of ongoing fears over the Euro-zone’s debt crisis and mounting concerns over the outlook … Continue reading →

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Crude Oil: Crude Oil rose on supply concerns, trading lower this morning

Posted on October 19, 2012 by GCI Financial

  Crude Oil prices advanced 0.09% against the USD for the 24 hour period ending 23:00GMT, closing at 92.07, amid news that TransCanada Corp. shut its Keystone pipeline for repairs, disrupting crude supplies to the US Midwest. Additionally, Oil prices … Continue reading →

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Silver: White metal continues its downward slide

Posted on October 19, 2012 by GCI Financial

  Silver prices declined 0.88% to the USD32.84 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 32.73, 0.33% lower from yesterday’s close. Silver is expected to find support at 32.51, … Continue reading →

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Gold: Strong Dollar weighs on yellow metal

Posted on October 19, 2012 by GCI Financial

  Gold prices traded lower by 0.36% against the USD in the 24 hour period ending 23:00GMT, at 1742.15 per ounce, amid concerns over Europe’s debt problems and as the greenback strengthened. In the Asian session, at GMT0300, Gold is … Continue reading →

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Crude Oil: Crude Oil fell on rising oil inventory, trading higher this morning

Posted on October 18, 2012 by GCI Financial

  Crude Oil prices declined 0.50% against the USD for the 24 hour period ending 23:00GMT, closing at 91.99, after the weekly oil inventory report showed a bigger-than-expected rise in oil stocks. Yesterday, the US Energy Information Administration reported that … Continue reading →

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Silver: White metal trading higher in the Asian session

Posted on October 18, 2012 by GCI Financial

  Silver prices rose marginally to the USD33.13 per ounce during the 24 hours ending 23:00GMT, on fresh speculative demand as well as industrial buying. In the Asian session, at GMT0300, Silver is trading at 33.15, 0.06% higher from yesterday’s … Continue reading →

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Gold: Gold prices expected to rise on speculation of demand from India and firming global trend

Posted on October 18, 2012 by GCI Financial

  Gold prices reversed earlier gains and traded marginally lower against the USD in the 24 hour period ending 23:00GMT, at 1748.43 per ounce, as the greenback strengthened following the release of significantly better-than-expected US housing data. In the Asian … Continue reading →

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Crude Oil: Crude Oil gained amid optimism for a Spanish bailout, trading lower this morning

Posted on October 17, 2012 by GCI Financial

  Crude Oil prices advanced 0.84% against the USD for the 24 hour period ending 23:00GMT, closing at 92.48, as investors continued to hope that Spain would formally request a bailout in the coming weeks and activate a bond buying … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on October 17, 2012 by GCI Financial

  Silver prices rose 1.24% to the USD33.11 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 33.07, 0.10% lower from yesterday’s close. Silver is expected to find support at 32.81, … Continue reading →

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