Silver: Silver continues its southward journey

Posted on June 25, 2012 by GCI Financial

On Friday, Silver prices declined 0.11% to USD 26.95 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 26.81, 0.51% lower from Friday’s close. Silver is expected to find support at … Continue reading →

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Gold: Gold trading higher in the Asian session

Posted on June 25, 2012 by GCI Financial

On Friday, Gold prices traded higher by 0.29% against the USD in the 24 hour period ending 23:00GMT, at 1572.26 per ounce. In the Asian session, at GMT0300, Gold is trading at 1573.38, 0.07% higher from Friday’s close. Gold is … Continue reading →

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Crude Oil: trading higher ahead of API monthly report

Posted on June 22, 2012 by GCI Financial

Oil prices declined 3.14% against the USD for the 24 hour period ending 23:00GMT, closing at 78.36, on speculation that demand for crude oil would curb following weak economic data around the globe. In the Asian session, at GMT0300, Crude … Continue reading →

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Silver: Silver continues its downtrend in the Asian session

Posted on June 22, 2012 by GCI Financial

Silver prices declined 3.80% to USD 26.98 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 26.94, 0.13% lower from yesterday’s close. Silver is expected to find support at 26.51, and … Continue reading →

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Gold: Strong greenback curtails gold prices

Posted on June 22, 2012 by GCI Financial

Gold prices traded lower by 2.35% against the USD in the 24 hour period ending 23:00GMT, at 1567.65 per ounce, as the greenback strengthened. In the Asian session, at GMT0300, Gold is trading at 1564.74, 0.19% lower from yesterday’s close. … Continue reading →

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Crude Oil: Oil fell as Fed cut the US growth forecast and amid rise in the US crude inventories.

Posted on June 21, 2012 by GCI Financial

Oil prices declined 3.60% against the USD for the 24 hour period ending 23:00GMT, closing at 80.90, amid demand concern from the US, its biggest consumer, after Federal Reserve cut its estimates for 2012 growth. Oil prices also came under … Continue reading →

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Silver: Silver extends decline in the Asian session

Posted on June 21, 2012 by GCI Financial

Silver prices declined 1.42% to USD 28.04 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.91, 0.46% lower from yesterday’s close. Silver is expected to find support at 27.55, and … Continue reading →

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Gold: Gold continues its downward movement

Posted on June 21, 2012 by GCI Financial

Gold prices traded lower by 0.88% against the USD in the 24 hour period ending 23:00GMT, at 1605.40 per ounce. In the Asian session, at GMT0300, Gold is trading at 1601.7, 0.23% lower from yesterday’s close. Gold is expected to … Continue reading →

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Silver: White metal gaining strength in the Asian session

Posted on June 20, 2012 by GCI Financial

Silver prices declined 1.10% to USD 28.45 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 28.47, 0.08% higher from yesterday’s close. Silver is expected to find support at 28.22, and … Continue reading →

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Crude Oil: Oil trading lower this morning, EIA inventory data awaited

Posted on June 20, 2012 by GCI Financial

Oil prices advanced 1.03% against the USD for the 24 hour period ending 23:00GMT, closing at 83.97. Late yesterday, the American Petroleum Institute (API) stated that the US crude stocks fell 550,000 barrels for the week ended June 15. Distillate … Continue reading →

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Gold: Yellow metal trading higher on Fed stimulus prospects

Posted on June 20, 2012 by GCI Financial

Gold prices traded lower by 0.61% against the USD in the 24 hour period ending 23:00GMT, at 1619.69 per ounce. In the Asian session, at GMT0300, Gold is trading at 1620.53, 0.05% higher from yesterday’s close, amid speculation that the … Continue reading →

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