Crude Oil: Oil rose on Iran tension, trading lower this morning

Posted on July 4, 2012 by GCI Financial

Oil prices advanced 4.84% against the USD for the 24 hour period ending 23:00GMT, closing at 87.74, on rising Middle East concerns and amid speculation that global central banks would give greater consideration to stimulate the economy via easing measures. … Continue reading →

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Silver: Trading lower this morning after yesterday’s surge

Posted on July 4, 2012 by GCI Financial

Silver prices rose 7.36% to USD 28.25 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 28.12, 0.48% lower from yesterday’s close. Silver is expected to find support at 27.59, and … Continue reading →

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Gold: Yellow metal gives up gains in the Asian session

Posted on July 4, 2012 by GCI Financial

Gold prices traded higher by 1.45% against the USD in the 24 hour period ending 23:00GMT, at 1620.45 per ounce, as greenback weakened amid speculation of monetary easing by the Federal Reserve and other central banks to stimulate the global … Continue reading →

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Crude Oil: Oil fell on demand prospects, trading higher this morning ahead of the US oil inventory data

Posted on July 3, 2012 by GCI Financial

Oil prices declined 1.18% against the USD for the 24 hour period ending 23:00GMT, closing at 83.69, amid demand concern following weak manufacturing data from China, Europe, and the US. Investors await the oil inventory reports later today and tomorrow … Continue reading →

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Silver: Silver trading above its MA’s

Posted on July 3, 2012 by GCI Financial

Silver prices rose 4.63% to USD 27.53 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.67, 0.49% higher from yesterday’s close. Silver is expected to find support at 27.37, and … Continue reading →

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Gold: Yellow metal continues to shine in the Asian session

Posted on July 3, 2012 by GCI Financial

Gold prices traded higher by 0.12% against the USD in the 24 hour period ending 23:00GMT, at 1597.23 per ounce, as hopes of more easing from central banks after a string of bleak global macroeconomic data from China, Europe and … Continue reading →

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Crude Oil: Oil surged on EU summit policies & supply concerns; trading lower amid weak China data

Posted on July 2, 2012 by GCI Financial

On Friday, Oil prices advanced 8.34% against the USD for the 24 hour period ending 23:00GMT, closing at 84.82, amid speculation that demand for oil would rise as European leaders agreed to create a single supervisory body for Euro-zone banks … Continue reading →

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Silver: Trading higher this morning

Posted on July 2, 2012 by GCI Financial

On Friday, Silver prices rose 4.41% to USD 27.48 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.35, 0.45% lower from Friday’s close. Silver is expected to find support at … Continue reading →

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Gold: Gold trading lower after Friday’s surge

Posted on July 2, 2012 by GCI Financial

On Friday Gold prices traded higher by 3.01% against the USD in the 24 hour period ending 23:00GMT, at 1598.32 per ounce, as the greenback weakened. In the Asian session, at GMT0300, Gold is trading at 1592.2, 0.38% lower from … Continue reading →

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Crude Oil: Oil rallies this morning

Posted on June 29, 2012 by GCI Financial

Oil prices declined 2.71% against the USD for the 24 hour period ending 23:00GMT, closing at 78.29. In the Asian session, at GMT0300, Crude Oil is trading at 79.28, 1.26% higher from yesterday’s close, after European leaders agreed on steps … Continue reading →

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Silver: Silver trading between its MA’s

Posted on June 29, 2012 by GCI Financial

Silver prices rose 2.24% to USD 26.32 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 26.69, 1.41% higher from yesterday’s close. Silver is expected to find support at 26.20, and … Continue reading →

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