Gold: Yellow metal trading higher after yesterday’s sharp fall

Posted on June 29, 2012 by GCI Financial

Gold prices traded lower by 1.45% against the USD in the 24 hour period ending 23:00GMT, at 1551.65 per ounce, as the greenback strengthened. In the Asian session, at GMT0300, Gold is trading at 1564.55, 0.83% higher from yesterday’s close. … Continue reading →

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Silver: White metal trading between its MA’s

Posted on June 28, 2012 by GCI Financial

Silver prices declined 0.45% to USD 26.92 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.02, 0.37% higher from yesterday’s close. Silver is expected to find support at 26.69, and … Continue reading →

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Crude Oil: Positive US economic data pushed oil prices higher; trading lower in the Asian session

Posted on June 28, 2012 by GCI Financial

Oil prices advanced 1.16% against the USD for the 24 hour period ending 23:00GMT, closing at 80.47, amid favorable macroeconomic data from the US and following fall in the US crude oil inventories. The Energy Information Administration (EIA) reported that … Continue reading →

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Gold: Yellow metal holds on to yesterday’s gains

Posted on June 28, 2012 by GCI Financial

Gold prices traded higher by 0.18% against the USD in the 24 hour period ending 23:00GMT, at 1574.55 per ounce. In the Asian session, at GMT0300, Gold is trading at 1575.68, 0.07% higher from yesterday’s close. Gold is expected to … Continue reading →

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Silver: Silver trading higher after yesterday’s fall

Posted on June 27, 2012 by GCI Financial

  Silver prices declined 1.45% to USD 27.04 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.15, 0.42% higher from yesterday’s close. Silver is expected to find support at 26.80, … Continue reading →

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Gold: Gold cementing gains this morning

Posted on June 27, 2012 by GCI Financial

  In the 24 hour period ending 23:00GMT, gold prices traded 0.81% lower against the USD, at 1571.70 per ounce. In the Asian session, at GMT0300, Gold is trading at 1573.57, 0.12% higher from yesterday’s close. Gold is expected to … Continue reading →

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Crude Oil: Crude oil rose amid supply concerns

Posted on June 27, 2012 by GCI Financial

Oil prices advanced 0.34% against the USD for the 24 hour period ending 23:00GMT, closing at 79.55, as a strike by oil workers in Norway tightened North Sea supplies, resulting in production cut of 150,000 barrels per day. Late yesterday, … Continue reading →

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Crude Oil: Trading lower ahead of the US oil inventory data.

Posted on June 26, 2012 by GCI Financial

Oil prices declined 0.96% against the USD for the 24 hour period ending 23:00GMT, closing at 79.28, amid continued concern that Europe’s debt crisis would curb demand for crude oil. Investors await the oil inventory reports later today and tomorrow … Continue reading →

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Silver: White metal continues its rally this morning

Posted on June 26, 2012 by GCI Financial

Silver prices rose 2.78% to USD 27.44 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.46, 0.09% higher from yesterday’s close. Silver is expected to find support at 26.89, and … Continue reading →

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Gold: Yellow metal losing shine in the Asian session

Posted on June 26, 2012 by GCI Financial

Gold prices traded higher by 1.02% against the USD in the 24 hour period ending 23:00GMT, at 1584.53 per ounce. In the Asian session, at GMT0300, Gold is trading at 1584.45, marginally lower from yesterday’s close. Gold is expected to … Continue reading →

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Crude Oil: Crude oil down as concerns over US storm eases

Posted on June 25, 2012 by GCI Financial

On Friday, Oil prices advanced 2.31% against the USD for the 24 hour period ending 23:00GMT, closing at 80.17, as bargain hunters rebounded after a steep fall in oil prices in the earlier session. The American Petroleum Institute, in its … Continue reading →

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