Silver: Trading higher this morning

Posted on August 9, 2012 by GCI Financial

Silver prices declined marginally to USD 28.07 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 28.16, 0.29% higher from yesterday’s close. Silver is expected to find support at 27.83, and … Continue reading →

Posted in Silver | Leave a comment

Gold: Yellow metal rose on weaker greenback

Posted on August 9, 2012 by GCI Financial

Gold prices traded higher by 0.12% against the USD in the 24 hour period ending 23:00GMT, at 1613.65 per ounce, as the greenback weakened. In the Asian session, at GMT0300, Gold is trading at 1618.8, 0.32% higher from yesterday’s close. … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: Oil trading lower ahead of EIA weekly inventory report

Posted on August 8, 2012 by GCI Financial

Oil prices advanced 1.46% against the USD for the 24 hour period ending 23:00GMT, closing at 93.35, as concerns over falling North Sea output and optimism for more stimulus measures from both sides of the Atlantic supported the oil prices. … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Trading between its MA’s

Posted on August 8, 2012 by GCI Financial

Silver prices rose 0.74% to USD 28.09 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 28.02, 0.24% lower from yesterday’s close. Silver is expected to find support at 27.79, and … Continue reading →

Posted in Silver | Leave a comment

Gold: Trading lower this morning

Posted on August 8, 2012 by GCI Financial

Gold prices traded marginally higher against the USD in the 24 hour period ending 23:00GMT, at 1611.65 per ounce. In the Asian session, at GMT0300, Gold is trading at 1610.9, 0.05% lower from yesterday’s close. Gold is expected to find … Continue reading →

Posted in Gold | Leave a comment

Crude oil: Oil extends its rally in the Asian session

Posted on August 7, 2012 by GCI Financial

Crude oil prices advanced 1.09% against the USD for the 24 hour period ending 23:00GMT, closing at 92.01, as recent positive US economic data raised expectation that the demand for oil would rise from its biggest consumer. Additionally, ongoing turmoil … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Silver backpedals in the Asian session

Posted on August 7, 2012 by GCI Financial

Silver prices rose 0.41% to USD 27.88 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.87, 0.06% lower from yesterday’s close. Silver is expected to find support at 27.65, and … Continue reading →

Posted in Silver | Leave a comment

Gold: Yellow metal continues its northward journey this morning

Posted on August 7, 2012 by GCI Financial

Gold prices traded higher by 0.43% against the USD in the 24 hour period ending 23:00GMT, at 1611.00 per ounce. In the Asian session, at GMT0300, Gold is trading at 1612.05, 0.07% higher from yesterday’s close. Gold is expected to … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: Oil rose on demand prospects & supply concern, trading lower this morning

Posted on August 6, 2012 by GCI Financial

On Friday, oil prices advanced 4.43% against the USD for the 24 hour period ending 23:00GMT, closing at 91.30, on speculation that demand for oil might rise following positive economic data from the US and Euro-zone. The oil prices also … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Silver drifting lower in the Asian session

Posted on August 6, 2012 by GCI Financial

On Friday, Silver prices rose 2.24% to USD 27.79 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.72, 0.25% lower from Friday’s close. Silver is expected to find support at … Continue reading →

Posted in Silver | Leave a comment

Gold: Yellow metal ekes out gains as greenback weakens on strong US jobs data

Posted on August 6, 2012 by GCI Financial

On Friday, Gold prices traded higher by 0.86% against the USD in the 24 hour period ending 23:00GMT, at 1603.23 per ounce, as the greenback weakened, after better-than-expected US employment data lent support to risk appetite. In the Asian session, … Continue reading →

Posted in Gold | Leave a comment