Silver: White metal trading flat this morning

Posted on April 19, 2012 by GCI Financial

  Silver prices declined 0.43% to USD 31.61 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 31.61, flat from yesterday’s close. Silver is expected to find support at 31.35, and … Continue reading →

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Gold: Yellow metal slipped on lackluster physical demand

Posted on April 19, 2012 by GCI Financial

  Gold prices traded lower by 0.62% against the USD in the 24 hour period ending 23:00GMT, at 1641.15 per ounce, as the greenback strengthened, and amid lack luster physical demand from major Asian consumers. In the Asian session, at … Continue reading →

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Crude Oil: Crude Oil rose on demand prospects

Posted on April 18, 2012 by GCI Financial

  Oil prices advanced 1.06% against the USD for the 24 hour period ending 23:00GMT, closing at 104.28, as positive European economic data and IMF boosting its global growth outlook, revived hopes that global demand for oil would increase. Late … Continue reading →

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Silver: White metal reversing its yesterday’s gains

Posted on April 18, 2012 by GCI Financial

  Silver prices rose 0.81% to USD 31.74 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 31.73, 0.03% lower from yesterday’s close. Silver is expected to find support at 31.41, … Continue reading →

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Gold: Tad lower this morning

Posted on April 18, 2012 by GCI Financial

  Gold prices traded marginally higher against the USD in the 24 hour period ending 23:00GMT, at 1651.40 per ounce, after a successful Spanish debt auction eased fears about the Euro-zone debt crisis, but the upside were capped as sentiment … Continue reading →

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Crude Oil: Crude Oil strengthened as demand prospects improved, after upbeat US retail sales; trading lower in Asian session

Posted on April 17, 2012 by GCI Financial

  Oil prices advanced 0.73% against the USD for the 24 hour period ending 23:00GMT, closing at 103.19, after strong US retail sales data lifted hopes that a recovering US economy may bolster fuel demand. Separately, investors await the oil … Continue reading →

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Silver: White metal trading lower this morning

Posted on April 17, 2012 by GCI Financial

  Silver prices rose 0.38% to USD 31.49 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 31.45, 0.12% lower from yesterday’s close. Silver is expected to find support at 31.20, … Continue reading →

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Gold: Gold continues its southward journey

Posted on April 17, 2012 by GCI Financial

  Gold prices traded lower by 0.11% against the USD in the 24 hour period ending 23:00GMT, at 1651.25 per ounce. In the Asian session, at GMT0300, Gold is trading at 1650.16, 0.07% lower from yesterday’s close. Gold is expected … Continue reading →

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Crude Oil: Crude Oil falls on Chinese GDP data, Euro-zone worries

Posted on April 16, 2012 by GCI Financial

  Oil prices declined 0.87% against the USD, on Friday, for the 24 hour period ending 23:00GMT, closing at 102.85, as slowdown in Chinese economic growth raised concerns about oil demand. Additionally, a stronger US Dollar and a jump in … Continue reading →

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Silver: White metal plunges as demand for industrial metals dips

Posted on April 16, 2012 by GCI Financial

  Silver prices declined 2.76% to USD 31.47 per ounce, on Friday, during the 24 hours ending 23:00GMT, as market participants experienced a strong pullback in the demand for industrial metals amid weak global cues. In the Asian session, at … Continue reading →

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Gold: Continues to trade lower

Posted on April 16, 2012 by GCI Financial

  Gold prices traded lower by 1.19% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1656.09 per ounce, as the greenback strengthened. In the Asian session, at GMT0300, Gold is trading at 1651.05, 0.30% lower … Continue reading →

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