Crude Oil: Crude Oil trading below $88 per barrel

Posted on May 31, 2012 by GCI Financial

Oil prices declined 3.48% against the USD for the 24 hour period ending 23:00GMT, closing at 87.63, amid demand concern following escalating Euro-zone debt crises. Late yesterday, American Petroleum Institute (API) in its weekly report, stated that the US crude … Continue reading →

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Silver: White metal is trading lower in the Asian session

Posted on May 31, 2012 by GCI Financial

Silver prices rose 0.45% to USD 27.95 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.85, 0.35% lower from yesterday’s close. Silver is expected to find support at 27.44, and … Continue reading →

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Gold: Gold declines in the Asian session after yesterday’s rise

Posted on May 31, 2012 by GCI Financial

Gold prices traded higher by 0.61% against the USD in the 24 hour period ending 23:00GMT, at 1563.55 per ounce, amid bargain hunting. In the Asian session, at GMT0300, Gold is trading at 1562.53, 0.07% lower from yesterday’s close. Gold … Continue reading →

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Crude Oil: Oil fell on demand concerns

Posted on May 30, 2012 by GCI Financial

Oil prices declined 0.47% against the USD for the 24 hour period ending 23:00GMT, closing at 90.79, as fears that the Spanish economy is running under increasing financial strain dampened investor sentiment, fueling concerns that the Spanish economy, already deep … Continue reading →

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Silver: White metal extends losses in the Asian session

Posted on May 30, 2012 by GCI Financial

Silver prices declined 2.35% to USD 27.83 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 27.72, 0.37% lower from yesterday’s close. Silver is expected to find support at 27.36, and … Continue reading →

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Gold: Continues to trade lower

Posted on May 30, 2012 by GCI Financial

Gold prices traded lower by 1.34% against the USD in the 24 hour period ending 23:00GMT, at 1554.06 per ounce, amid a stronger greenback. In the Asian session, at GMT0300, Gold is trading at 1547.36, 0.43% lower from yesterday’s close. … Continue reading →

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Crude Oil: Trading lower

Posted on May 29, 2012 by GCI Financial

Oil prices declined 0.11% against the USD for the 24 hour period ending 23:00GMT, closing at 91.22. In the Asian session, at GMT0300, Crude Oil is trading at 91.19, marginally lower from yesterday’s close. Crude oil is expected to find … Continue reading →

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Silver: Silver slips further this morning

Posted on May 29, 2012 by GCI Financial

Silver prices declined 0.72% to USD 28.50 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 28.45, 0.15% lower from yesterday’s close. Silver is expected to find support at 28.24, and … Continue reading →

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Gold: Gold trading between is MA’s

Posted on May 29, 2012 by GCI Financial

Gold prices traded lower by 0.08% against the USD in the 24 hour period ending 23:00GMT, at 1575.18 per ounce. In the Asian session, at GMT0300, Gold is trading at 1574.4, 0.05% lower from yesterday’s close. Gold is expected to … Continue reading →

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Crude Oil: Crude rises on US consumer data, Iran nuclear impasse

Posted on May 28, 2012 by GCI Financial

On Friday, Oil prices advanced 0.56% against the USD for the 24 hour period ending 23:00GMT, closing at 91.32, on stronger-than-expected US consumer sentiment data, as well as on a lack of progress in Iranian nuclear talks. A dispute between … Continue reading →

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Silver: Trading lower in Asian session

Posted on May 28, 2012 by GCI Financial

On Friday, Silver prices rose 1.64% to USD 28.70 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 28.58, 0.44% lower from Friday’s close. Silver is expected to find support at … Continue reading →

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