Crude Oil: Oil fell on demand concerns, trading higher this morning

Posted on June 19, 2012 by GCI Financial

Oil prices declined 2.04% against the USD for the 24 hour period ending 23:00GMT, closing at 83.11, amid fears that rising yields on Spanish and Italian bond would crimp fuel demand. Investors await the oil inventory reports later today and … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Silver continues to trade higher in the Asian session

Posted on June 19, 2012 by GCI Financial

Silver prices rose 1.00% to USD 28.76 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 28.80, 0.14% higher from yesterday’s close. Silver is expected to find support at 28.44, and … Continue reading →

Posted in Silver | Leave a comment

Gold: Gold trading higher ahead on US Fed meeting

Posted on June 19, 2012 by GCI Financial

Gold prices traded higher by 0.79% against the USD in the 24 hour period ending 23:00GMT, at 1628.07 per ounce. In the Asian session, at GMT0300, Gold is trading at 1629.23, 0.07% higher from yesterday’s close, amid speculation of another … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: Oil jumped this morning after Greek election result‎

Posted on June 18, 2012 by GCI Financial

On Friday, Oil prices declined 0.50% against the USD for the 24 hour period ending 23:00GMT, closing at 83.99. In the Asian session, at GMT0300, Crude Oil is trading at 84.85, 1.02% higher from Friday’s close, after Greece’s pro-austerity parties … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Silver gaining strength in the Asian session

Posted on June 18, 2012 by GCI Financial

On Friday, Silver prices declined marginally to USD28.64 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 28.66, 0.09% higher from Friday’s close. Silver is expected to find support at 28.34, … Continue reading →

Posted in Silver | Leave a comment

Gold: Yellow metal rose on speculation of monetary stimulus, trading lower this morning

Posted on June 18, 2012 by GCI Financial

On Friday Gold prices traded higher by 0.16% against the USD in the 24 hour period ending 23:00GMT, at 1624.97 per ounce, as weak economic data from the US raised expectation of monetary stimulus by Federal Reserve. In the Asian … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: OPEC keeps output target steady; Oil trading higher this morning

Posted on June 15, 2012 by GCI Financial

Oil prices advanced 2.27% against the USD for the 24 hour period ending 23:00GMT, closing at 84.41, after Organization of Petroleum Exporting Countries (OPEC) agreed to keep its collective oil output ceiling unchanged for the second half 2012 at 30 … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Silver trading between its MA’s

Posted on June 15, 2012 by GCI Financial

Silver prices declined 0.79% to USD 28.64 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 28.76, 0.42% higher from yesterday’s close. Silver is expected to find support at 28.27, and … Continue reading →

Posted in Silver | Leave a comment

Gold: Gold extend its gains on hopes for more easing

Posted on June 15, 2012 by GCI Financial

Gold prices traded higher by 0.24% against the USD in the 24 hour period ending 23:00GMT, at 1622.40 per ounce, as weak economic data from the US raised expectation for monetary stimulus by the Federal Reserve to boost the nations’ … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: Oil erases losses in the Asian session

Posted on June 14, 2012 by GCI Financial

Oil prices declined 0.95% against the USD for the 24 hour period ending 23:00GMT, closing at 82.54. Yesterday, the International Energy Agency (IEA) forecasted growth in 2012 oil demand to remain flat at 0.8 million barrels per day. Separately, the … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Silver trading between its MA’s

Posted on June 14, 2012 by GCI Financial

Silver prices declined 0.27% to USD 28.87 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 28.93, 0.22% higher from yesterday’s close. Silver is expected to find support at 28.75, and … Continue reading →

Posted in Silver | Leave a comment