Gold: Gold fell on fading easing hopes, trading higher this morning

Posted on August 15, 2012 by GCI Financial

Gold prices traded lower by 0.65% against the USD in the 24 hour period ending 23:00GMT, at 1599.70 per ounce, after larger-than-expected increase in US retail sales for the month of July dampened hopes for further stimulus measures from the … Continue reading →

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Crude Oil: Trading higher this morning ahead of the US oil inventory reports

Posted on August 14, 2012 by GCI Financial

Oil prices declined 0.59% against the USD for the 24 hour period ending 23:00GMT, closing at 92.72, on speculation that demand for oil might fell amid worries over the outlook for global economic growth. Investors await the oil inventory reports … Continue reading →

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Silver: Trading below its MA’s

Posted on August 14, 2012 by GCI Financial

Silver prices declined 1.13% to USD 27.84 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.88, 0.13% higher from yesterday’s close. Silver is expected to find support at 27.68, and … Continue reading →

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Gold: Trading higher this morning

Posted on August 14, 2012 by GCI Financial

Gold prices traded lower by 0.69% against the USD in the 24 hour period ending 23:00GMT, at 1610.10 per ounce. In the Asian session, at GMT0300, Gold is trading at 1612.55, 0.15% higher from yesterday’s close. Gold is expected to … Continue reading →

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Crude Oil: Trading higher as Israel-Iran tensions grew

Posted on August 13, 2012 by GCI Financial

On Friday, Oil prices declined 0.20% against the USD for the 24 hour period ending 23:00GMT, closing at 93.36. The International Energy Agency (IEA), in its monthly Oil Market Report nudged down its 2013 oil demand growth forecast by 0.40 … Continue reading →

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Silver: Trading higher

Posted on August 13, 2012 by GCI Financial

On Friday, Silver prices declined 0.06% to USD 28.13 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 28.20, 0.24% higher from Friday’s close. Silver is expected to find support at … Continue reading →

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Gold: Yellow metal continues its shine in the Asian session

Posted on August 13, 2012 by GCI Financial

On Friday Gold prices traded higher by 0.16% against the USD in the 24 hour period ending 23:00GMT, at 1620.30 per ounce. In the Asian session, at GMT0300, Gold is trading at 1624.5, 0.26% higher from Friday’s close. Gold is … Continue reading →

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Crude Oil: Oil rose on positive US employment data, trading lower after Chinese trade surplus fell in June

Posted on August 10, 2012 by GCI Financial

Oil prices advanced 0.11% against the USD for the 24 hour period ending 23:00GMT, closing at 93.55, as positive employment and trade balance data from the US boosted hopes for nation’s growth prospects and the energy demand outlook. In the … Continue reading →

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Silver: Trading below its MA’s

Posted on August 10, 2012 by GCI Financial

Silver prices rose 0.26% to USD 28.15 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 28.02, 0.46% lower from yesterday’s close. Silver is expected to find support at 27.84, and … Continue reading →

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Gold: Trading lower this morning

Posted on August 10, 2012 by GCI Financial

Gold prices traded higher by 0.25% against the USD in the 24 hour period ending 23:00GMT, at 1617.70 per ounce. In the Asian session, at GMT0300, Gold is trading at 1613.65, 0.25% lower from yesterday’s close. Gold is expected to … Continue reading →

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Crude Oil: Oil rose amid fall in the US crude oil inventories

Posted on August 9, 2012 by GCI Financial

Oil prices advanced 0.11% against the USD for the 24 hour period ending 23:00GMT, closing at 93.45, amid fall in the US crude inventories last week and supply disruptions caused by a storm in the Gulf of Mexico. Lower North … Continue reading →

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