Silver: Trading flat after tumbling yesterday

Posted on August 3, 2012 by GCI Financial

Silver prices declined 1.00% to USD 27.18 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading flat at 27.19, from yesterday’s close. Silver is expected to find support at 26.85, and a … Continue reading →

Posted in Silver | Leave a comment

Gold: Trading higher this morning

Posted on August 3, 2012 by GCI Financial

Gold prices traded lower by 0.69% against the USD in the 24 hour period ending 23:00GMT, at 1589.50 per ounce, as the greenback strengthened. In the Asian session, at GMT0300, Gold is trading at 1590.55, 0.07% higher from yesterday’s close. … Continue reading →

Posted in Gold | Leave a comment

Crude oil: Crude oil higher on supply threats‎, global economic woes capped gains

Posted on August 3, 2012 by GCI Financial

Oil prices declined 1.49% against the USD for the 24 hour period ending 23:00GMT, closing at 87.43. In the Asian session, at GMT0300, Crude Oil is trading at 87.48, 0.06% higher from yesterday’s close, buoyed by the recent North Sea … Continue reading →

Posted in Crude Oil | Leave a comment

Crude oil: Oil continues its rally on EIA data

Posted on August 2, 2012 by GCI Financial

Oil prices advanced 1.08% against the USD for the 24 hour period ending 23:00GMT, closing at 88.75. Yesterday, the Energy Information Administration (EIA) reported that the US crude oil inventories decreased by 6.50 million barrels to 373.60 million barrels in … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Trading higher after yesterday’s fall

Posted on August 2, 2012 by GCI Financial

Silver prices declined 1.89% to USD 27.46 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.48, 0.10% higher from yesterday’s close. Silver is expected to find support at 27.05, and … Continue reading →

Posted in Silver | Leave a comment

Gold: Yellow metal fell on stronger greenback; trading higher in the Asian session

Posted on August 2, 2012 by GCI Financial

Gold prices traded lower by 0.87% against the USD in the 24 hour period ending 23:00GMT, at 1600.50 per ounce, as the greenback strengthened after the Federal Reserve offered no measures to stimulate the economy. In the Asian session, at … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: Oil prices trading higher this morning, after tumbling more than 2% yesterday

Posted on August 1, 2012 by GCI Financial

Oil prices declined 2.10% against the USD for the 24 hour period ending 23:00GMT, closing at 87.80. Late yesterday, the American Petroleum Institute (API) reported that the US crude oil inventories declined 11.6 million barrels in the week ended July … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Trading marginally lower in the Asian session

Posted on August 1, 2012 by GCI Financial

Silver prices declined 0.58% to USD 27.99 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.97, marginally lower from yesterday’s close. Silver is expected to find support at 27.75, and … Continue reading →

Posted in Silver | Leave a comment

Gold: Gold trading below its short term moving averages

Posted on August 1, 2012 by GCI Financial

Gold prices traded lower by 0.40% against the USD in the 24 hour period ending 23:00GMT, at 1614.60 per ounce. In the Asian session, at GMT0300, Gold is trading at 1614.75, marginally higher from yesterday’s close. Gold is expected to … Continue reading →

Posted in Gold | Leave a comment

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

Posted on July 31, 2012 by GCI Financial

Oil prices declined 0.54% against the USD for the 24 hour period ending 23:00GMT, closing at 89.68, as demand sentiment weakened following weak economic data from the Euro-zone. According to a Reuters survey, supply from the OPEC fell by 450,000 … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Speculative buying pushed white metal up

Posted on July 31, 2012 by GCI Financial

Silver prices rose 1.51% to USD 28.15 per ounce during the 24 hours ending 23:00GMT, on fresh speculative off-take amidst industrial buying in India. In the Asian session, at GMT0300, Silver is trading at 28.24, 0.32% higher from yesterday’s close. … Continue reading →

Posted in Silver | Leave a comment