Gold: Yellow metal trading higher amid hopes of monetary stimulus

Posted on July 31, 2012 by GCI Financial

Gold prices traded lower by 0.13% against the USD in the 24 hour period ending 23:00GMT, at 1621.28 per ounce. In the Asian session, at GMT0300, Gold is trading at 1623.2, 0.12% higher from yesterday’s close, amid expectation that the … Continue reading →

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Crude Oil: Crude oil higher on demand prospects

Posted on July 30, 2012 by GCI Financial

On Friday, Oil prices advanced 0.88% against the USD for the 24 hour period ending 23:00GMT, closing at 90.08. In the Asian session, at GMT0300, Crude Oil is trading at 90.15, 0.08% higher from Friday’s close, on hopes that the … Continue reading →

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Silver: Trading lower in the Asian session

Posted on July 30, 2012 by GCI Financial

On Friday, Silver prices rose 1.13% to USD 27.80 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.66, 0.53% lower from Friday’s close. Silver is expected to find support at … Continue reading →

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Gold: Trading lower this morning

Posted on July 30, 2012 by GCI Financial

On Friday, Gold prices traded higher by 0.73% against the USD in the 24 hour period ending 23:00GMT, at 1625.80 per ounce, as the greenback weakened. In the Asian session, at GMT0300, Gold is trading at 1621.20, 0.28% lower from … Continue reading →

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Crude Oil: Oil rose on demand prospects

Posted on July 27, 2012 by GCI Financial

Oil prices advanced 0.45% against the USD for the 24 hour period ending 23:00GMT, closing at 89.29, on speculation that the demand for oil might rise after better-than-expected US durable goods and jobless claims data eased concern over slowing economic … Continue reading →

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Silver: Trading just above its MA’s

Posted on July 27, 2012 by GCI Financial

Silver prices rose 0.48% to USD 27.49 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.55, 0.19% higher from yesterday’s close. Silver is expected to find support at 27.27, and … Continue reading →

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Gold: Gold rallied on weaker greenback

Posted on July 27, 2012 by GCI Financial

Gold prices traded higher by 0.60% against the USD in the 24 hour period ending 23:00GMT, as the greenback weakened. In the Asian session, at GMT0300, Gold is trading at 1615.50, 0.09% higher from yesterday’s close. Gold is expected to … Continue reading →

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Crude Oil: Crude oil rose on supply concerns, trading lower this morning

Posted on July 26, 2012 by GCI Financial

Oil prices advanced 0.98% against the USD for the 24 hour period ending 23:00GMT, closing at 88.89, on fears that tensions in the Middle East could mount raising supply concerns. Investors remained cautious amid worries that Syria could resort to … Continue reading →

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Silver: Silver trading flat after yesterday’s rise

Posted on July 26, 2012 by GCI Financial

Silver prices rose 1.49% to USD 27.36 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading flat at 27.37, from yesterday’s close. Silver is expected to find support at 26.95, and a … Continue reading →

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Gold: Yellow metal steady above $1,600/oz

Posted on July 26, 2012 by GCI Financial

Gold prices traded higher by 1.46% against the USD in the 24 hour period ending 23:00GMT, at 1604.50 per ounce, as the greenback weakened. In the Asian session, at GMT0300, Gold is trading steady at 1604.40, from yesterday’s close. Gold … Continue reading →

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Crude Oil: Turmoil in Syria pushed oil prices higher

Posted on July 25, 2012 by GCI Financial

Oil prices advanced 0.09% against the USD for the 24 hour period ending 23:00GMT, closing at 88.03, amid supply worries triggered by turmoil in Syria. Late yesterday, the American Petroleum Institute (API) reported that the crude inventories rose 1.3 million … Continue reading →

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