Gold: Gold gained on hopes for more easing, slips in the Asian session

Posted on July 16, 2012 by GCI Financial

On Friday Gold prices traded higher by 1.27% against the USD in the 24 hour period ending 23:00GMT, at 1588.75 per ounce, as the greenback weakened on speculation of monetary easing by the Federal Reserve following weak consumer confidence data … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: Crude oil trading higher in the Asian session

Posted on July 13, 2012 by GCI Financial

Oil prices declined 0.22% against the USD for the 24 hour period ending 23:00GMT, closing at 85.88, after the International Energy Agency (IEA) stated that global economic slowdown could pressurize oil prices. Additionally, the agency kept its estimate of global … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Cementing gains this morning

Posted on July 13, 2012 by GCI Financial

Silver prices declined 0.15% to USD 27.13 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.19, 0.21% higher from yesterday’s close. Silver is expected to find support at 26.66, and … Continue reading →

Posted in Silver | Leave a comment

Gold: Gold trading higher after yesterday’s fall

Posted on July 13, 2012 by GCI Financial

Gold prices traded lower by 0.58% against the USD in the 24 hour period ending 23:00GMT, at 1568.78 per ounce, as the greenback strengthened. In the Asian session, at GMT0300, Gold is trading at 1570.9, 0.14% higher from yesterday’s close. … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: Oil rises above $85 per barrel as US crude supplies drop

Posted on July 12, 2012 by GCI Financial

Oil prices advanced 2.27% against the USD for the 24 hour period ending 23:00GMT, closing at 86.07, after a report showed that US crude supplies fell for a second week, suggesting demand may be improving. The Energy Information Administration (EIA) … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Trading below its MA’s

Posted on July 12, 2012 by GCI Financial

Silver prices rose 1.08% to USD 27.17 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 26.99, 0.69% lower from yesterday’s close. Silver is expected to find support at 26.80, and … Continue reading →

Posted in Silver | Leave a comment

Gold: Trading lower

Posted on July 12, 2012 by GCI Financial

Gold prices traded higher by 0.53% against the USD in the 24 hour period ending 23:00GMT, at 1577.99 per ounce. In the Asian session, at GMT0300, Gold is trading at 1572.43, 0.35% lower from yesterday’s close, after Federal Reserve Minutes … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: Oil prices fell as supply concern in Norway eased, trading higher in the Asian session

Posted on July 11, 2012 by GCI Financial

Oil prices declined 1.27% against the USD for the 24 hour period ending 23:00GMT, closing at 84.16, on easing supply concerns as Norway ended an energy strike that threatened to halt production by Europe’s largest crude exporter. Late yesterday, the … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Silver trading higher this morning

Posted on July 11, 2012 by GCI Financial

Silver prices declined 1.72% to USD 26.88 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.01, 0.46% higher from yesterday’s close. Silver is expected to find support at 26.66, and … Continue reading →

Posted in Silver | Leave a comment

Gold: Yellow metal recoups its yesterday’s losses

Posted on July 11, 2012 by GCI Financial

Gold prices traded lower 1.14% against the USD in the 24 hour period ending 23:00GMT, at 1569.63 per ounce, as the greenback strengthened. In the Asian session, at GMT0300, Gold is trading at 1574.95, 0.34% higher from yesterday’s close. Gold … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: Crude oil trading lower as Norway ends strike, China curbs imports

Posted on July 10, 2012 by GCI Financial

Oil prices advanced 1.00% against the USD for the 24 hour period ending 23:00GMT, closing at 85.24. In the Asian session, at GMT0300, crude oil is trading at 84.76, 0.56% lower from yesterday’s close, as weak Chinese import data stoked … Continue reading →

Posted in Crude Oil | Leave a comment