Crude Oil: Oil prices fell amid rise in the US crude oil inventories

Posted on September 20, 2012 by GCI Financial

Crude Oil prices declined 3.85% against the USD for the 24 hour period ending 23:00GMT, closing at 91.90, after more-than-expected rise in the US crude oil inventories. The Energy Information Administration (EIA) reported that the US crude oil inventories rose … Continue reading →

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Silver: Trading between its MA’s

Posted on September 20, 2012 by GCI Financial

Silver prices declined 0.52% to the USD 34.63 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 34.57, 0.15% lower from yesterday’s close. Silver is expected to find support at 34.25, … Continue reading →

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Gold: Yellow metal extending its losses in the Asian session

Posted on September 20, 2012 by GCI Financial

Gold prices traded lower by 0.05% against the USD in the 24 hour period ending 23:00GMT, at 1770.75 per ounce. In the Asian session, at GMT0300, Gold is trading at 1767.70, 0.17% lower from yesterday’s close. Gold is expected to … Continue reading →

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Crude Oil: Oil prices fell as API reported rise in the US crude oil inventories, trading flat this morning

Posted on September 19, 2012 by GCI Financial

Crude Oil prices declined 1.39% against the USD for the 24 hour period ending 23:00GMT, closing at 95.58, amid rise in the US crude oil inventories. Late yesterday, the American Petroleum Institute (API) reported that the US crude oil inventories … Continue reading →

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Silver: Trading lower in the Asian session

Posted on September 19, 2012 by GCI Financial

Silver prices rose 1.46% to the USD 34.81 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 34.55, 0.73% lower from yesterday’s close. Silver is expected to find support at 34.02, … Continue reading →

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Gold: Yellow metal losing shine in the Asian session

Posted on September 19, 2012 by GCI Financial

Gold prices traded higher by 0.45% against the USD in the 24 hour period ending 23:00GMT, at 1771.65 per ounce. In the Asian session, at GMT0300, Gold is trading at 1766.90, 0.27% lower from yesterday’s close. Gold is expected to … Continue reading →

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Crude Oil: Trading lower ahead of crude oil inventories report

Posted on September 18, 2012 by GCI Financial

Crude Oil prices declined 2.04% against the USD for the 24 hour period ending 23:00GMT, closing at 96.98. Investors await the oil inventory reports later today and tomorrow to offer guidance to oil prices. Meanwhile, the Iran’s Nuclear Chief, Fereydoun … Continue reading →

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Silver: Trading below its MA’s

Posted on September 18, 2012 by GCI Financial

Silver prices declined 1.53% to the USD 34.22 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 34.16, 0.18% lower from yesterday’s close. Silver is expected to find support at 33.75, … Continue reading →

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Gold: Gold extended its losses in the Asian session

Posted on September 18, 2012 by GCI Financial

Gold prices traded lower by 0.78% against the USD in the 24 hour period ending 23:00GMT, at 1760.68 per ounce, after commodity prices plunged overnight and investors booked profit from a recent rally sparked by the Federal Reserve’s aggressive round … Continue reading →

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Crude Oil: Oil continues its rally this morning

Posted on September 17, 2012 by GCI Financial

On Friday, Crude Oil prices advanced 0.75% against the USD for the 24 hour period ending 23:00GMT, closing at 98.94, after the Federal Reserve vowed another round of stimulus to boost the economy, and as unrest in the Middle East … Continue reading →

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Silver: Marginally lower in the Asian session

Posted on September 17, 2012 by GCI Financial

On Friday, Silver prices rose 0.27% to USD 34.66 per ounce during the 24 hours ending 23:00GMT, tracking rise in base metal prices. In the Asian session, at GMT0300, Silver is trading at 34.65, marginally lower from Friday’s close. Silver … Continue reading →

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