Gold: Gold gains ground on monetary easing hopes

Posted on April 10, 2012 by GCI Financial

  Gold prices traded higher by 0.04% against the USD in the 24 hour period ending 23:00GMT, at 1643.30 per ounce, as Friday’s nonfarm payrolls data revived expectations that the Federal Reserve could introduce new monetary easing measures in the … Continue reading →

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Silver: White metal rebounds in the Asian session

Posted on April 5, 2012 by GCI Financial

Silver prices declined 3.84% to USD31.39 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 31.48, 0.30% higher from yesterday’s close. Silver is expected to find support at 30.85, and a … Continue reading →

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Crude Oil: Oil price plunged amid a surge in stockpiles, trading higher this morning

Posted on April 5, 2012 by GCI Financial

Oil prices declined 1.93% against the USD for the 24 hour period ending 23:00GMT, closing at 102.04, amid report showing a higher-than-expected rise in the US oil inventories. The Energy Information Administration reported an increase in crude stockpiles by 9 … Continue reading →

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Gold: Gaining strength this morning after tumbling yesterday

Posted on April 5, 2012 by GCI Financial

Gold prices extended its previous session losses and fell by 1.43% against the USD in the 24 hour period ending 23:00GMT, at 1623.40 per ounce, after diminishing hopes of more monetary stimulus from the US central bank. In the Asian … Continue reading →

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Gold: Gold tumbles on fading easing hopes

Posted on April 4, 2012 by GCI Financial

Gold prices traded lower by 1.83% against the USD in the 24 hour period ending 23:00GMT, at 1647.00 per ounce, as the dollar strengthened after the Federal Reserve’s minutes revealed that the central bank sees no need for further monetary … Continue reading →

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Silver: Silver edged down as dollar rallies on FOMC minutes

Posted on April 4, 2012 by GCI Financial

Silver prices declined 1.10% to USD32.64 per ounce during the 24 hours ending 23:00GMT, following the release of minutes from the March 13th meeting of the Federal Open Market Committee (FOMC). In the Asian session, at GMT0300, Silver is trading … Continue reading →

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Crude Oil: Crude down on weak US factory data, Fed minutes

Posted on April 4, 2012 by GCI Financial

Oil prices declined 0.82% against the USD for the 24 hour period ending 23:00GMT, closing at 104.05, after the Federal Reserve indicated in its meeting minutes that it sees no need for new monetary easing, however remains concerned about the … Continue reading →

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Silver: White metal continues to march northwards

Posted on April 3, 2012 by GCI Financial

  Silver prices rose 1.38% to USD33.00 per ounce during the 24 hours ending 23:00GMT, taking cues from rise in gold prices coupled with weakness in the US Dollar. In the Asian session, at GMT0300, Silver is trading at 33.03, … Continue reading →

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Crude Oil: Encouraging US manufacturing data boosts oil prices; awaits inventory reports

Posted on April 3, 2012 by GCI Financial

Oil prices advanced 1.37% against the USD for the 24 hour period ending 23:00GMT, closing at 104.91, on upbeat manufacturing data from the US, the world’s largest oil consumers. In the Asian session, at GMT0300, Crude Oil is trading at … Continue reading →

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Gold: Gold higher on demand prospects

Posted on April 3, 2012 by GCI Financial

Gold prices traded higher by 0.25% against the USD in the 24 hour period ending 23:00GMT, at 1677.75 per ounce, as firmer US manufacturing data as well as strong China official purchasing managers index number helped lift gold prices. Meanwhile, … Continue reading →

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Crude Oil: Oil higher on supply concerns, positive China PMI data

Posted on April 2, 2012 by GCI Financial

On Friday, Oil prices advanced 0.18% against the USD for the 24 hour period ending 23:00GMT, closing at 103.49, as ongoing tensions in the Middle East added to concerns over supply disruption from the key oil-producing region. The President Barack … Continue reading →

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