Gold: Gold rose amid a weak dollar

Posted on October 17, 2012 by GCI Financial

  Gold prices traded higher by 0.85% against the USD in the 24 hour period ending 23:00GMT, at 1750.65 per ounce, as the dollar weakened. In the Asian session, at GMT0300, Gold is trading at 1751.58, 0.13% higher from yesterday’s … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: Oil trading lower this morning ahead of the API inventory data due later today

Posted on October 16, 2012 by GCI Financial

  Crude Oil prices advanced 0.68% against the USD for the 24 hour period ending 23:00GMT, closing at 91.73, amid supply concerns due to North Sea oil production delays and tighter sanctions on Iran from the European Union. In the … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: White metal trading higher this morning

Posted on October 16, 2012 by GCI Financial

  Silver prices rose 1.27% to the USD32.70 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 32.79, 0.29% higher from yesterday’s close. Silver is expected to find support at 32.44, … Continue reading →

Posted in Silver | Leave a comment

Gold: Gold declined amid global growth concerns, trading higher this morning

Posted on October 16, 2012 by GCI Financial

  Gold prices traded lower by 0.36% against the USD in the 24 hour period ending 23:00GMT, at 1736.28 per ounce, amid concern that the global economy is slowing and that China may refrain from additional economic stimulus. Moreover, an … Continue reading →

Posted in Gold | Leave a comment

Gold: Precious metal tad higher this morning

Posted on October 15, 2012 by GCI Financial

  On Friday, Gold prices rose 1.51% against the USD in the 24 hour period ending 23:00GMT, at 1742.43 per ounce. In the Asian session, at GMT0300, Gold is trading at 1743.42, 0.06% higher from Friday’s close. Gold is expected … Continue reading →

Posted in Gold | Leave a comment

Silver: White metal reverses its Friday’s losses this morning

Posted on October 15, 2012 by GCI Financial

  On Friday, Silver prices declined 2.81% to the USD33.12 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 33.23, 0.31% higher from Friday’s close. Silver is expected to find support … Continue reading →

Posted in Silver | Leave a comment

Crude Oil: Oil trading lower this morning, IEA indicated drop in production in OPEC countries

Posted on October 15, 2012 by GCI Financial

  On Friday, Crude Oil prices declined 1.46% against the USD for the 24 hour period ending 23:00GMT, closing at 91.11, after the International Energy Agency (IEA) trimmed its forecasts for 2012 and 2013 oil demand by 100,000 barrels a … Continue reading →

Posted in Crude Oil | Leave a comment

Crude Oil: Oil prices rose as tensions between middle-east countries escalate, trading lower in the Asian session

Posted on October 12, 2012 by GCI Financial

  Crude Oil prices advanced 1.31% against the USD for the 24 hour period ending 23:00GMT, closing at 92.46, as tensions between Syria and Turkey escalated. Growing tensions between Iran and Israel also buoyed prices as investor feared that increase … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Trading lower in the Asian session

Posted on October 12, 2012 by GCI Financial

  Silver prices rose 0.25% to the USD34.02 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 34.04, 0.11% lower from yesterday’s close. Silver is expected to find support at 33.89, … Continue reading →

Posted in Silver | Leave a comment

Gold: Gold up as the US Dollar weakens

Posted on October 12, 2012 by GCI Financial

  Gold prices traded higher by 0.40% against the USD in the 24 hour period ending 23:00GMT, at 1768.47 per ounce, as weakness in the US dollar supported gold prices. In the Asian session, at GMT0300, Gold is trading at … Continue reading →

Posted in Gold | Leave a comment

Gold: Gold gaining strength in the Asian session

Posted on October 11, 2012 by GCI Financial

  Gold prices traded lower by 0.19% against the USD in the 24 hour period ending 23:00GMT, at 1759.38 per ounce. In the Asian session, at GMT0300, Gold is trading at 1763.90, 0.15% higher from yesterday’s close. Gold is expected … Continue reading →

Posted in Gold | Leave a comment