Gold: Yellow metal rose as the greenback weakened

Posted on September 17, 2012 by GCI Financial

On Friday Gold prices traded higher by 0.09% against the USD in the 24 hour period ending 23:00GMT, at 1770.95 per ounce, as the greenback weakened. In the Asian session, at GMT0300, Gold is trading at 1773.7, 0.16% higher from … Continue reading →

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Crude Oil: Oil up on demand prospects

Posted on September 14, 2012 by GCI Financial

Crude Oil prices advanced 1.43% against the USD for the 24 hour period ending 23:00GMT, closing at 98.20, on speculation that demand for oil might rise from its largest consumer, the US, after the Federal Reserve took steps to boost … Continue reading →

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Silver: Trading above its MA’s

Posted on September 14, 2012 by GCI Financial

Silver prices rose 4.02% to USD 34.57 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 34.67, 0.30% higher from yesterday’s close. Silver is expected to find support at 33.26, and … Continue reading →

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Gold: Gold jumps following Fed announcement

Posted on September 14, 2012 by GCI Financial

Gold prices traded higher by 2.20% against the USD in the 24 hour period ending 23:00GMT, at 1769.40 per ounce, as the greenback weakened after the Federal Reserve launched QE3 with a new round of bond buying. In the Asian … Continue reading →

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Crude Oil: Oil rose amid geopolitical concern

Posted on September 13, 2012 by GCI Financial

Crude Oil prices advanced 0.08% against the USD for the 24 hour period ending 23:00GMT, closing at 96.82, amid geopolitical concern after the US ambassador to Libya and three other embassy staff were killed by militants in Libya. Yesterday, the … Continue reading →

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Silver: Continues its downward journey this morning

Posted on September 13, 2012 by GCI Financial

Silver prices declined 0.98% to the USD 33.23 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 33.19, 0.12% lower from yesterday’s close. Silver is expected to find support at 32.43, … Continue reading →

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Gold: Gold steady ahead of the Fed meeting‎

Posted on September 13, 2012 by GCI Financial

Gold prices traded lower by 0.14% against the USD in the 24 hour period ending 23:00GMT, at 1731.35 per ounce. In the Asian session, at GMT0300, Gold is trading steady at 1731.13, from yesterday’s close, ahead of the Federal Reserve … Continue reading →

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Crude Oil: Continues its rally amid growing Middle-East concern

Posted on September 12, 2012 by GCI Financial

Crude Oil prices advanced 0.49% against the USD for the 24 hour period ending 23:00GMT, closing at 96.74, amid Middle-East tension after Israeli Prime Minister, Benjamin Netanyahu, stated the US had forfeited its moral right to stop Israel taking action … Continue reading →

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Silver: Trading just above its MA’s

Posted on September 12, 2012 by GCI Financial

Silver prices rose 0.49% to USD 33.56 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 33.66, 0.29% higher from yesterday’s close. Silver is expected to find support at 33.40, and … Continue reading →

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Gold: Gold higher amid expectation of monetary easing by Federal Reserve

Posted on September 12, 2012 by GCI Financial

Gold prices traded higher by 0.39% against the USD in the 24 hour period ending 23:00GMT, at 1733.75 per ounce, as the greenback weakened amid expectation of monetary easing by Federal Reserve later this week. In the Asian session, at … Continue reading →

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Crude Oil: Trading higher ahead of the US crude oil inventories report

Posted on September 11, 2012 by GCI Financial

Crude Oil prices traded flat against the USD for the 24 hour period ending 23:00GMT, closing at 96.27. The Saudi Arabia Oil Minister, Ali al-Naimi, stated that nation is concerned about high oil prices and would take steps to moderate … Continue reading →

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