Crude Oil: Lower ahead of US crude oil inventories report

Posted on September 5, 2012 by GCI Financial

Oil prices declined 1.37% against the USD for the 24 hour period ending 23:00GMT, closing at 95.51, amid demand concern following weak manufacturing and construction data from the US. Investors await the oil inventory reports later today and tomorrow to … Continue reading →

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Silver: Trading lower in the Asian session

Posted on September 5, 2012 by GCI Financial

Silver prices rose 0.78% to USD 32.31 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 32.18, 0.38% lower from yesterday’s close. Silver is expected to find support at 31.94, and … Continue reading →

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Gold: Yellow metal losing shine this morning

Posted on September 5, 2012 by GCI Financial

Gold prices traded higher by 0.22% against the USD in the 24 hour period ending 23:00GMT, at 1695.40 per ounce, on growing speculation that the US Federal Reserve might launch bond buying programme later this month. In the Asian session, … Continue reading →

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Crude Oil: Continues its rally this morning on stimulus hopes

Posted on September 4, 2012 by GCI Financial

Oil prices advanced 0.46% against the USD for the 24 hour period ending 23:00GMT, closing at 96.84, on persistent hopes for stimulus measures from central banks in the US and Europe, with key policy meetings this week and next.. In … Continue reading →

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Silver: Trading above its MA’s

Posted on September 4, 2012 by GCI Financial

Silver prices rose 1.24% to USD 32.06 per ounce during the 24 hours ending 23:00GMT, tracking base metal prices. In the Asian session, at GMT0300, Silver is trading at 32.24, 0.56% higher from yesterday’s close. Silver is expected to find … Continue reading →

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Gold: Yellow metal continues its shine in the Asian session

Posted on September 4, 2012 by GCI Financial

Gold prices traded higher by 0.10% against the USD in the 24 hour period ending 23:00GMT, at 1691.70 per ounce, as the greenback weakened. In the Asian session, at GMT0300, Gold is trading at 1696.00, 0.25% higher from yesterday’s close. … Continue reading →

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Crude Oil: Oil trading lower after China data

Posted on September 3, 2012 by GCI Financial

On Friday, Oil prices advanced 1.80% against the USD for the 24 hour period ending 23:00GMT, closing at 96.38. In Iraq, oil ministry officials stated that nation’s oil exports reached their highest level in more than three decades in July … Continue reading →

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Silver: Continues its rally this morning

Posted on September 3, 2012 by GCI Financial

On Friday, Silver prices rose 3.99% to USD 31.68 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 31.80, 0.37% higher from Friday’s close. Silver is expected to find support at … Continue reading →

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Gold: Yellow metal rallied as the greenback weakened

Posted on September 3, 2012 by GCI Financial

On Friday, Gold prices traded higher by 2.15% against the USD in the 24 hour period ending 23:00GMT, at 1691.46 per ounce, as the greenback weakened after the Federal Reserve Chairman, Ben Bernanke, stated that the US economy is ‘far … Continue reading →

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Crude Oil: Trading flat from yesterday’s close

Posted on August 31, 2012 by GCI Financial

Oil prices declined 0.61% against the USD for the 24 hour period ending 23:00GMT, closing at 94.68, ahead of a keenly anticipated speech by Federal Reserve Chief, Ben Bernanke. In the Asian session, at GMT0300, Crude Oil is trading at … Continue reading →

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Silver: Trading below its MA’s

Posted on August 31, 2012 by GCI Financial

Silver prices declined 1.05% to USD 30.46 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 30.39, 0.25% lower from yesterday’s close. Silver is expected to find support at 30.10, and … Continue reading →

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