Gold: Yellow metal rose as the greenback weakened

Posted on October 2, 2012 by GCI Financial

Gold prices traded higher by 0.60% against the USD in the 24 hour period ending 23:00GMT, at 1776.13 per ounce, as the greenback weakened. In the Asian session, at GMT0300, Gold is trading at 1778.13, 0.11% higher from yesterday’s close. … Continue reading →

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Crude Oil: Oil prices lower on weak US and Chinese manufacturing data

Posted on October 1, 2012 by GCI Financial

On Friday, Crude Oil prices declined 0.14% against the USD for the 24 hour period ending 23:00GMT, closing at 92.10, amid demand concerns following weak US manufacturing data. In the Asian session, at GMT0300, Crude Oil is trading at 91.3, … Continue reading →

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Silver: Trading lower this morning

Posted on October 1, 2012 by GCI Financial

On Friday, Silver prices declined 0.25% to the USD 34.53 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 34.21, 0.92% lower from Friday’s close. Silver is expected to find support … Continue reading →

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Gold: Gold extends its losses in the Asian session

Posted on October 1, 2012 by GCI Financial

On Friday Gold prices traded lower by 0.24% against the USD in the 24 hour period ending 23:00GMT, at 1773.07 per ounce, as the greenback strengthened. In the Asian session, at GMT0300, Gold is trading at 1764.32, 0.49% lower from … Continue reading →

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Crude Oil: Oil prices rose amid supply concerns

Posted on September 28, 2012 by GCI Financial

Crude Oil prices advanced 2.17% against the USD for the 24 hour period ending 23:00GMT, closing at 92.26, as mounting tensions between Iran and the West rekindled worries over supply disruptions. Yesterday, the Israeli Prime Minister, Benjamin Netanyahu, stated that … Continue reading →

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Silver: Trading higher in the Asian session

Posted on September 28, 2012 by GCI Financial

Silver prices rose 1.93% to the USD 34.65 per ounce during the 24 hours ending 23:00GMT, tracking base metal prices. In the Asian session, at GMT0300, Silver is trading at 34.72, 0.22% higher from yesterday’s close. Silver is expected to … Continue reading →

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Gold: Yellow metal trading just below $1780 per ounce

Posted on September 28, 2012 by GCI Financial

Gold prices traded higher by 1.27% against the USD in the 24 hour period ending 23:00GMT, at 1777.07 per ounce, as the greenback weakened following the release of a series of broadly weaker-than-expected US data. In the Asian session, at … Continue reading →

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Crude Oil: Oil fell on demand concerns

Posted on September 27, 2012 by GCI Financial

Crude Oil prices declined 0.61% against the USD for the 24 hour period ending 23:00GMT, closing at 90.32, on demand concerns, as Euro-zone debt crisis escalated, while disappointing housing data in the US renewed worries that nation still faces headwinds, … Continue reading →

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Silver: Trading above MA’s

Posted on September 27, 2012 by GCI Financial

Silver prices rose 0.43% to the USD 33.91 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 33.99, 0.23% higher from yesterday’s close. Silver is expected to find support at 33.52, … Continue reading →

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Gold: Trading higher in the Asian session

Posted on September 27, 2012 by GCI Financial

Gold prices traded lower by 0.48% against the USD in the 24 hour period ending 23:00GMT, at 1752.64 per ounce. In the Asian session, at GMT0300, Gold is trading at 1754.18, 0.09% higher from yesterday’s close. Gold is expected to … Continue reading →

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Crude Oil: Oil trading higher amid Middle-East concern

Posted on September 26, 2012 by GCI Financial

Crude Oil prices declined 1.28% against the USD for the 24 hour period ending 23:00GMT, closing at 90.92. Late yesterday, the American Petroleum Institute (API) reported that the US crude oil inventories rose 335,000 barrels in the week to September … Continue reading →

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