Crude Oil: Oil continues its northward journey

Posted on April 30, 2012 by GCI Financial

  Oil prices advanced 0.61% against the USD, on Friday, for the 24 hour period ending 23:00GMT, closing at 104.65, as the US Dollar weakened after disappointing data on first-quarter US economic growth fuelling expectations for another round of easing … Continue reading →

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Silver: Silver trading above its MA’s

Posted on April 30, 2012 by GCI Financial

  Silver prices rose 0.76% to USD31.31 per ounce, on Friday, during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 31.33, 0.06% higher from Friday’s close. Silver is expected to find support at … Continue reading →

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Gold: Yellow metal settled higher on weak greenback

Posted on April 30, 2012 by GCI Financial

  Gold prices traded higher by 0.32% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1662.81 per ounce, as greenback weakened, amid downbeat US economic data. In the Asian session, at GMT0300, Gold is trading … Continue reading →

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Crude Oil: Oil rises on US pending home sales, weaker dollar

Posted on April 27, 2012 by GCI Financial

  Oil prices advanced 0.05% against the USD for the 24 hour period ending 23:00GMT, closing at 104.02, as strong pending US home sales and a falling US dollar lifted sentiment for the black gold. In the Asian session, at … Continue reading →

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Silver: Silver trading lower this morning

Posted on April 27, 2012 by GCI Financial

  Silver prices rose 1.14% to USD31.08 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 31.06, 0.06% lower from yesterday’s close. Silver is expected to find support at 30.71, and … Continue reading →

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Gold: Gold advanced as greenback weakened, trading higher this morning

Posted on April 27, 2012 by GCI Financial

  Gold prices traded higher by 0.83% against the USD in the 24 hour period ending 23:00GMT, at 1657.46 per ounce, as the greenback weakened. In the Asian session, at GMT0300, Gold is trading at 1656.3, 0.07% lower from yesterday’s … Continue reading →

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Crude Oil: Oil surges on brighter demand prospects

Posted on April 26, 2012 by GCI Financial

  Oil prices advanced 0.27% against the USD for the 24 hour period ending 23:00GMT, closing at 103.97, after the Federal Open Market Committee stated that it expects US economic growth to remain moderate over the coming quarters and then … Continue reading →

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Silver: Silver continues its southward journey

Posted on April 26, 2012 by GCI Financial

  Silver prices declined 0.32% to USD30.73 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 30.71, 0.04% lower from yesterday’s close. Silver is expected to find support at 30.12, and … Continue reading →

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Gold: Yellow metal rises on Fed Chairman comments

Posted on April 26, 2012 by GCI Financial

  Gold prices traded higher by 0.12% against the USD in the 24 hour period ending 23:00GMT, at 1643.80 per ounce, as greenback weakened following comments from Federal Reserve Chairman, Ben Bernanke that the US central bank cannot rule out … Continue reading →

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Crude Oil: Crude Oil rose as stockpiles declined

Posted on April 25, 2012 by GCI Financial

  Oil prices advanced 0.52% against the USD for the 24 hour period ending 23:00GMT, closing at 103.69, after reports showed decline in US crude oil inventories. Late yesterday, the American Petroleum Institute reported that crude oil inventories fell 960,000 … Continue reading →

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Silver: White metal continues to trade lower in Asian session

Posted on April 25, 2012 by GCI Financial

  Silver prices declined 0.05% to USD30.83 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 30.82, slightly lower from yesterday’s close. Silver is expected to find support at 30.62, and … Continue reading →

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