Gold: Gold gained on bargain hunting, tad lower this morning

Posted on March 22, 2012 by GCI Financial

Gold prices traded higher by 0.07% against the USD in the 24 hour period ending 23:00GMT, at 1650.25 per ounce, as investors seized the opportunity to buy precious metal at the bargain price. In the Asian session, at GMT0400, Gold … Continue reading →

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Crude Oil: Oil fell as Saudi Arabia comments eased supply concern; trading higher this morning

Posted on March 21, 2012 by GCI Financial

Oil prices declined 1.26% against the USD for the 24 hour period ending 23:00GMT, closing at 106.39, after Saudi Arabia, the world’s largest oil exporter, stated that the nation would ensure adequate global supplies of crude oil to stabilize the … Continue reading →

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Silver: Rebounding after yesterday’s sharp decline

Posted on March 21, 2012 by GCI Financial

Silver prices declined 2.53% to USD 32.06 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 32.17, 0.35% higher from yesterday’s close. Silver is expected to find support at 31.72, and … Continue reading →

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Gold: Trading higher this morning

Posted on March 21, 2012 by GCI Financial

Gold prices traded lower by 0.85% against the USD in the 24 hour period ending 23:00GMT, at 1649.09 per ounce, amid lackluster physical and investment demand for precious metal. In the Asian session, at GMT0400, Gold is trading at 1652.39, … Continue reading →

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Crude Oil: Oil rose on supply concerns, trading lower this morning on China fuel hike

Posted on March 20, 2012 by GCI Financial

Oil prices advanced 0.32% against the USD for the 24 hour period ending 23:00GMT, closing at 107.75, amid supply concerns after investors speculated that the risk of military conflict between Tehran and the West was rising. In the Asian session, … Continue reading →

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Silver: Silver backpedals this morning after yesterday’s surge

Posted on March 20, 2012 by GCI Financial

Silver prices rose 1.08% to USD 32.89 per ounce during the 24 hours ending 23:00GMT, as the dollar weakened. In the Asian session, at GMT0400, Silver is trading at 32.70, 0.56% lower from yesterday’s close. Silver is expected to find … Continue reading →

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Gold: Trading lower this morning

Posted on March 20, 2012 by GCI Financial

Gold prices traded higher by 0.26% against the USD in the 24 hour period ending 23:00GMT, at 1663.20 per ounce, as the greenback fell, after Federal Reserve Bank of New York President, William Dudley commented that the US central bank … Continue reading →

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Crude Oil: Oil continues its rising trend this morning

Posted on March 19, 2012 by GCI Financial

Oil prices advanced 1.65% against the USD for the 24 hour period ending 23:00GMT on Friday, closing at 107.20, after reports showed that Saudi Arabian crude output rose to the strongest level since 1980. Saudi Arabia, the largest producer in … Continue reading →

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Silver: Silver continues to trade higher in the Asian session

Posted on March 19, 2012 by GCI Financial

On Friday, Silver prices rose 0.31% to USD 32.55 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 32.69, 0.43% higher from Friday’s close. Silver is expected to find support at … Continue reading →

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Gold: Weaker dollar boosts yellow metal

Posted on March 19, 2012 by GCI Financial

Gold prices traded higher by 0.21% against the USD in the 24 hour period ending 23:00GMT on Friday, at 1659.47 per ounce, on a weaker greenback. During the day, Gold had come under pressure amid India’s proposal to hike customs … Continue reading →

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Crude Oil: Oil fell on reports of agreement on SPR release, bounces back in Asia

Posted on March 16, 2012 by GCI Financial

\ Oil prices declined 0.21% against the USD for the 24 hour period ending 23:00GMT, closing at 105.46, amid news that the US and the UK would release oil from their existing stockpiles, including the US Strategic Petroleum Reserve (SPR), … Continue reading →

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