Crude Oil: Crude Oil soars on weaker dollar, Iran concerns

Posted on April 13, 2012 by GCI Financial

  Oil prices advanced 1.11% against the USD for the 24 hour period ending 23:00GMT, closing at 103.75, as greenback weakened after central bank officials in the US indicated they would use monetary policies to stimulate their economies. Meanwhile, oil … Continue reading →

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Silver: Silver trading between its MA’s

Posted on April 13, 2012 by GCI Financial

  Silver prices rose 2.29% to USD 32.36 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 32.26, 0.30% lower from yesterday’s close. Silver is expected to find support at 31.61, … Continue reading →

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Gold: Gold gained on hopes for more easing, slips in Asian session

Posted on April 13, 2012 by GCI Financial

  Gold prices traded higher by 1.06% against the USD in the 24 hour period ending 23:00GMT, at 1676.05 per ounce, as greenback weakened, amid renewed possibility of economic stimulus in the US economy, following comments from Federal officials. In … Continue reading →

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Crude Oil: Crude oil climbs as Beige Book confirms growth

Posted on April 12, 2012 by GCI Financial

  Oil prices advanced 1.51% against the USD for the 24 hour period ending 23:00GMT, closing at 102.61, as the Fed Beige Book confirmed growth in the world’s largest economy. The Federal Reserve’s Beige Book report indicated that the US … Continue reading →

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Silver: Silver trading below its MA’s

Posted on April 12, 2012 by GCI Financial

  Silver prices declined 0.09% to USD 31.64 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 31.61, 0.06% lower from yesterday’s close. Silver is expected to find support at 31.39, … Continue reading →

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Gold: Yellow metal continues its upward journey

Posted on April 12, 2012 by GCI Financial

  Gold prices traded marginally higher against the USD in the 24 hour period ending 23:00GMT, at 1658.51 per ounce, as the greenback weakened. In the Asian session, at GMT0300, Gold is trading at 1658.93, 0.03% higher from yesterday’s close. … Continue reading →

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Crude Oil: Oil declined amid rise in US oil stockpiles, trading higher this morning

Posted on April 11, 2012 by GCI Financial

  Oil prices declined 1.14% against the USD for the 24 hour period ending 23:00GMT, closing at 101.08, after reports showed an increase in US crude oil stockpiles. Late Tuesday, the American Petroleum Institute reported that crude oil stockpiles rose … Continue reading →

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Silver: White metal gives up some gains in the Asian session

Posted on April 11, 2012 by GCI Financial

  Silver prices rose 0.24% to USD 31.66 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 31.56, 0.31% lower from yesterday’s close. Silver is expected to find support at 31.18, … Continue reading →

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Gold: Gold rose on safe-haven appeal, trading lower this morning

Posted on April 11, 2012 by GCI Financial

Gold prices traded higher by 0.98% against the USD in the 24 hour period ending 23:00GMT, at 1657.98 per ounce, as rising concerns about Euro-zone debt crisis and losses in global equity markets, supported safe-haven buying of precious metal. In … Continue reading →

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Crude Oil: Crude oil rises as China returns to surplus in March

Posted on April 10, 2012 by GCI Financial

  Oil prices advanced 0.14% against the USD for the 24 hour period ending 23:00GMT, closing at 102.34. Investors remain cautious ahead of talks taking place in Turkey on April 13 and 14 between Iran and major global powers, including … Continue reading →

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Silver: White metal rises after yesterday’s decline

Posted on April 10, 2012 by GCI Financial

Silver prices declined 0.88% to USD 31.62 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 31.92, 0.95% higher from yesterday’s close. Silver is expected to find support at 31.52, and … Continue reading →

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