Crude Oil: Oil prices rose amid positive economic data from the US and Euro-zone

Posted on August 20, 2012 by GCI Financial

On Friday, Oil prices advanced 0.89% against the USD for the 24 hour period ending 23:00GMT, closing at 96.07, amid Middle-East concerns and following positive economic data from the US and Euro-zone. On Friday, the American Petroleum Institute (API) in … Continue reading →

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Silver: Trading higher after Friday’s fall

Posted on August 20, 2012 by GCI Financial

On Friday, Silver prices declined 0.31% to USD 28.11 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 28.19, 0.30% higher from Friday’s close. Silver is expected to find support at … Continue reading →

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Gold: Yellow metal continues its shine this morning

Posted on August 20, 2012 by GCI Financial

On Friday, Gold prices traded higher by 0.06% against the USD in the 24 hour period ending 23:00GMT, at 1615.76 per ounce. In the Asian session, at GMT0300, Gold is trading at 1619.05, 0.20% higher from Friday’s close. Gold is … Continue reading →

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Crude Oil: Trading marginally lower on easing supply concerns

Posted on August 17, 2012 by GCI Financial

Oil prices advanced 0.90% against the USD for the 24 hour period ending 23:00GMT, closing at 95.22. In the Asian session, at GMT0300, Crude Oil is trading at 95.18, marginally lower from yesterday’s close, on a potential rise in supply … Continue reading →

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Silver: Trading above its MA’s

Posted on August 17, 2012 by GCI Financial

Silver prices rose 1.31% to USD 28.19 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 28.18, 0.04% lower from yesterday’s close. Silver is expected to find support at 27.87, and … Continue reading →

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Gold: Trading flat after yesterday’s gain

Posted on August 17, 2012 by GCI Financial

Gold prices traded higher by 0.66% against the USD in the 24 hour period ending 23:00GMT, at 1614.85 per ounce, as weak economic data from the US sparked fresh speculation that the Federal Reserve might turn to fresh stimulus measures … Continue reading →

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Crude Oil: Oil prices up on supply concerns and EIA stock drawdown

Posted on August 16, 2012 by GCI Financial

Oil prices advanced 1.34% against the USD for the 24 hour period ending 23:00GMT, closing at 94.37, amid larger-than-expected drop in the US crude supplies and amid supply concerns from the Middle East. Yesterday, the Energy Information Administration (EIA) reported … Continue reading →

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Silver: Silver cementing gains in the early Asian session

Posted on August 16, 2012 by GCI Financial

Silver prices rose marginally to USD 27.83 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.89, 0.24% higher from yesterday’s close. Silver is expected to find support at 27.62, and … Continue reading →

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Gold: Yellow metal hovering just above $1600/Oz

Posted on August 16, 2012 by GCI Financial

Gold prices traded higher by 0.28% against the USD in the 24 hour period ending 23:00GMT, at 1604.20 per ounce. In the Asian session, at GMT0300, Gold is trading at 1604.6, marginally higher from yesterday’s close. Gold is expected to … Continue reading →

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Crude Oil: Oil prices rose on demand prospects, tad lower this morning

Posted on August 15, 2012 by GCI Financial

Oil prices advanced 0.43% against the USD for the 24 hour period ending 23:00GMT, closing at 93.12, amid optimism over prospects for oil demand after positive economic data from the Euro-zone and the US. Late yesterday, the American Petroleum Institute … Continue reading →

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Silver: Cementing gains in the Asian session

Posted on August 15, 2012 by GCI Financial

Silver prices declined 0.06% to USD 27.82 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.84, 0.08% higher from yesterday’s close. Silver is expected to find support at 27.65, and … Continue reading →

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