Gold: Yellow metal declines, investors awaits outcome of Fed meeting

Posted on April 25, 2012 by GCI Financial

  Gold prices traded higher by 0.22% against the USD in the 24 hour period ending 23:00GMT, at 1641.90 per ounce, as greenback weakened amid uninspiring US housing and consumer confidence data. The Federal Reserve is set to release its … Continue reading →

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Crude Oil: Crude Oil extends losses stemming from European growth concerns

Posted on April 24, 2012 by GCI Financial

  Oil prices declined 0.65% against the USD for the 24 hour period ending 23:00GMT, closing at 103.15, as fears over the health of the Euro-zone economies and political uncertainty countered worries over a production stoppage in the North Sea … Continue reading →

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Silver: Silver continues to trade lower this morning

Posted on April 24, 2012 by GCI Financial

  Silver prices declined 2.44% to USD30.84 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 30.82, 0.06% lower from yesterday’s close. Silver is expected to find support at 30.32, and … Continue reading →

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Gold: Yellow metal extends losses as European debt concerns weighed

Posted on April 24, 2012 by GCI Financial

  Gold prices traded lower by 0.23% against the USD in the 24 hour period ending 23:00GMT, at 1638.25 per ounce, as European debt crisis worries and political turmoil in France and Netherlands, prompted investors to reduce their positions in … Continue reading →

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Crude Oil: Crude Oil advanced amid Iran crude exports reports and upbeat European economic data

Posted on April 23, 2012 by GCI Financial

  Oil prices advanced 1.21% against the USD, on Friday, for the 24 hour period ending 23:00GMT, closing at 103.81, after Iraq halted some crude exports on a technical fault and as encouraging economic data from Europe raised prospects for … Continue reading →

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Silver: White metal trading below its MA’s

Posted on April 23, 2012 by GCI Financial

  Silver prices declined 0.17% to USD 31.70 per ounce, on Friday, during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 31.61, 0.27% lower from Friday’s close. Silver is expected to find support … Continue reading →

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Gold: Gold settled higher on strong European economic data

Posted on April 23, 2012 by GCI Financial

  Gold prices traded higher marginally against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1642.20 per ounce, as a positive economic data from Euro-zone lifted investors’ sentiment, raising demand for precious metals. In the Asian … Continue reading →

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Crude Oil: Crude Oil ended lower on soft US jobs data

Posted on April 20, 2012 by GCI Financial

  Oil prices declined 0.23% against the USD for the 24 hour period ending 23:00GMT, closing at 102.57, as poor US jobs data renewed concerns about the US economic recovery. In the Asian session, at GMT0300, Crude Oil is trading … Continue reading →

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Silver: Silver trading flat this morning

Posted on April 20, 2012 by GCI Financial

  Silver prices rose 0.46% to USD 31.75 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 31.75, flat from yesterday’s close. Silver is expected to find support at 31.37, and … Continue reading →

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Gold: Yellow metal rose on weak US dollar

Posted on April 20, 2012 by GCI Financial

  Gold prices traded higher by 0.04% against the USD in the 24 hour period ending 23:00GMT, at 1641.77 per ounce, as the greenback weakened on soft US economic data. In the Asian session, at GMT0300, Gold is trading at … Continue reading →

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Crude Oil: Crude Oil ended lower on higher oil inventories

Posted on April 19, 2012 by GCI Financial

  Oil prices declined 1.41% against the USD for the 24 hour period ending 23:00GMT, closing at 102.81, after reports showed more-than-expected rise in US crude oil inventories. Yesterday, the Energy Information Administration report showed that crude oil inventories jumped … Continue reading →

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