Silver: Trading between its MA’s

Posted on August 24, 2012 by GCI Financial

Silver prices rose 2.26% to USD 30.51 per ounce during the 24 hours ending 23:00GMT, in line with rise in base metal prices. In the Asian session, at GMT0300, Silver is trading at 30.47, 0.15% lower from yesterday’s close. Silver … Continue reading →

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Gold: Yellow metal paring yesterday’s gain this morning

Posted on August 24, 2012 by GCI Financial

Gold prices traded higher by 1.00% against the USD in the 24 hour period ending 23:00GMT, at 1669.65 per ounce, as the Federal Reserve Bank of Chicago President, Charles Evans urged for further monetary-policy easing around the world. In the … Continue reading →

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Crude Oil: Oil extended gains following EIA data

Posted on August 23, 2012 by GCI Financial

Oil prices advanced 0.55% against the USD for the 24 hour period ending 23:00GMT, closing at 97.32, amid higher-than-expected drop in the US crude oil inventories. The Energy Information Administration (EIA) reported that the US crude oil inventories fell 5.4 … Continue reading →

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Silver: White metal rises above $30 per ounce this morning

Posted on August 23, 2012 by GCI Financial

Silver prices rose 1.98% to USD 29.84 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 30.15, 1.06% higher from yesterday’s close. Silver is expected to find support at 29.54, and … Continue reading →

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Gold: Yellow metal rose on weaker greenback

Posted on August 23, 2012 by GCI Financial

Gold prices traded higher by 0.99% against the USD in the 24 hour period ending 23:00GMT, at 1653.10 per ounce, as the greenback weakened after Federal Reserve minutes showed that policy makers are open to more stimulus if needed. In … Continue reading →

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Crude Oil: Oil gained amid drop in the US crude oil inventories; tad lower this morning

Posted on August 22, 2012 by GCI Financial

Oil prices advanced 1.01% against the USD for the 24 hour period ending 23:00GMT, closing at 96.79. Late yesterday, the American Petroleum Institute (API) reported that the US crude oil supplies declined by 6 million barrels in the week ended … Continue reading →

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Silver: Trading above its MA’s

Posted on August 22, 2012 by GCI Financial

Silver prices rose 1.77% to USD 29.26 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 29.31, 0.17% higher from yesterday’s close. Silver is expected to find support at 28.83, and … Continue reading →

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Gold: Yellow metal continues its shine in the Asian session

Posted on August 22, 2012 by GCI Financial

Gold prices traded higher by 1.04% against the USD in the 24 hour period ending 23:00GMT, at 1636.85 per ounce. In the Asian session, at GMT0300, Gold is trading at 1639.00, 0.13% higher from yesterday’s close. Gold is expected to … Continue reading →

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Crude Oil: Oil prices higher ahead of US crude oil inventories data

Posted on August 21, 2012 by GCI Financial

Oil prices declined 0.44% against the USD for the 24 hour period ending 23:00GMT, closing at 95.82, amid demand concern following political uncertainty among Euro-zone leaders. Investors await the oil inventory reports later today and tomorrow to offer guidance to … Continue reading →

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Silver: Trading above its MA’s

Posted on August 21, 2012 by GCI Financial

Silver prices rose 2.14% to USD 28.75 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 28.75, marginally higher from yesterday’s close. Silver is expected to find support at 28.18, and … Continue reading →

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Gold: Trading higher in the Asian session

Posted on August 21, 2012 by GCI Financial

Gold prices traded higher by 0.16% against the USD in the 24 hour period ending 23:00GMT, at 1620.05 per ounce, as the greenback weakened. In the Asian session, at GMT0300, Gold is trading at 1622.00, 0.12% higher from yesterday’s close. … Continue reading →

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