Silver: Trading below its MA’s

Posted on July 10, 2012 by GCI Financial

Silver prices rose 1.32% to USD 27.35 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.27, 0.31% lower from yesterday’s close. Silver is expected to find support at 27.07, and … Continue reading →

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Gold: Gold gives up yesterday’s gains

Posted on July 10, 2012 by GCI Financial

Gold prices traded higher by 0.51% against the USD in the 24 hour period ending 23:00GMT, at 1587.65 per ounce. In the Asian session, at GMT0300, Gold is trading at 1585.48, 0.14% lower from yesterday’s close. Gold is expected to … Continue reading →

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Crude Oil: Trading higher this morning after Friday’s fall

Posted on July 9, 2012 by GCI Financial

On Friday, Oil prices declined 2.92% against the USD for the 24 hour period ending 23:00GMT, closing at 84.21, amid demand concern following disappointing US jobs growth data. In the Asian session, at GMT0300, Crude Oil is trading at 84.93, … Continue reading →

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Silver: Trading between its MA’s

Posted on July 9, 2012 by GCI Financial

On Friday, Silver prices declined 2.34% to USD 27.12 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.22, 0.39% higher from Friday’s close. Silver is expected to find support at … Continue reading →

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Gold: Gold drifting lower in the Asian session

Posted on July 9, 2012 by GCI Financial

On Friday Gold prices traded marginally higher against the USD in the 24 hour period ending 23:00GMT, at 1607.18 per ounce. In the Asian session, at GMT0300, Gold is trading at 1581.25, 1.61% lower from Friday’s close. Gold is expected … Continue reading →

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Crude Oil: Oil down on demand concerns

Posted on July 6, 2012 by GCI Financial

Oil prices declined 0.09% against the USD for the 24 hour period ending 23:00GMT, closing at 86.74, as latest stimulus by central banks in Europe and China failed to reduce investor concerns over future oil demand, although supply worries stemming … Continue reading →

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Silver: White metal continues its downfall this morning

Posted on July 6, 2012 by GCI Financial

Silver prices declined 1.42% to USD 27.77 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.72, 0.18% lower from yesterday’s close. Silver is expected to find support at 27.37, and … Continue reading →

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Gold: Gold trading below its short term SMA’s

Posted on July 6, 2012 by GCI Financial

Gold prices traded marginally higher against the USD in the 24 hour period ending 23:00GMT, at 1614.90 per ounce. In the Asian session, at GMT0300, Gold is trading at 1605.82, 0.56% lower from yesterday’s close. Gold is expected to find … Continue reading →

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Crude Oil: Oil prices fell amid profit booking, trading higher this morning

Posted on July 5, 2012 by GCI Financial

Oil prices declined 1.05% against the USD for the 24 hour period ending 23:00GMT, closing at 86.82, amid profit booking. Meanwhile, Norway’s Oil Industry Association stated that it is willing to negotiate to end a 10-day strike with labor as … Continue reading →

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Silver: Trading above its MA’s

Posted on July 5, 2012 by GCI Financial

Silver prices declined 0.30% to USD 28.17 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 28.25, 0.28% higher from yesterday’s close. Silver is expected to find support at 28.09, and … Continue reading →

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Gold: Stronger dollar pushed yellow metal lower

Posted on July 5, 2012 by GCI Financial

Gold prices traded lower by 0.36% against the USD in the 24 hour period ending 23:00GMT, at 1614.60 per ounce, as the greenback strengthened. In the Asian session, at GMT0300, Gold is trading at 1617.98, 0.05% lower from yesterday’s close. … Continue reading →

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