Crude Oil: Oil rose on demand prospects, trading lower this morning

Posted on March 12, 2012 by GCI Financial

Oil prices advanced 0.62% against the USD for the 24 hour period ending 23:00GMT on Friday, closing at 107.51, on the speculation that demand for crude oil would increase after more-than-expected rise in the US payroll data for February and … Continue reading →

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Silver: Drifting lower this morning after Friday’s surge

Posted on March 12, 2012 by GCI Financial

On Friday, Silver prices rose 0.95% to USD 34.21per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 34.04, 0.48% lower from Friday’s close. Silver is expected to find support at 33.31, … Continue reading →

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Gold: Yellow metal is trading lower in the Asian session

Posted on March 12, 2012 by GCI Financial

Gold prices traded higher 0.75% against the USD in the 24 hour period ending 23:00GMT on Friday, at 1713.84 per ounce. In the Asian session, at GMT0400, Gold is trading at 1707.88, 0.35% lower from Friday’s close. Gold is expected … Continue reading →

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Crude Oil: Oil extends its gain on demand hopes

Posted on March 9, 2012 by GCI Financial

Oil prices advanced 0.65% against the USD for the 24 hour period ending 23:00GMT, closing at 106.85, on speculation that fuel demand would increase as Greece moves closer to completing a debt swap to ease Europe’s crisis and on strong … Continue reading →

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Silver: White metal continues to shine in the Asian session

Posted on March 9, 2012 by GCI Financial

Silver prices rose 1.33% to USD 33.88 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 34.07, 0.55% higher from yesterday’s close. Silver is expected to find support at 33.56, and … Continue reading →

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Gold: Weaker dollar boosts gold prices

Posted on March 9, 2012 by GCI Financial

Gold prices traded higher by 0.90% against the USD in the 24 hour period ending 23:00GMT, at 1701.07 per ounce, as greenback weakened after Greece moved closer to wrapping up its bond swap with private creditors. In the Asian session, … Continue reading →

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Crude Oil: Oil higher on Greek hopes, upbeat US jobs data

Posted on March 8, 2012 by GCI Financial

Oil prices advanced 1.12% against the USD for the 24 hour period ending 23:00GMT, closing at 106.16, on optimism over Greece debt deal and positive jobs data from the US. Ongoing tensions in the Middle East also continued to support … Continue reading →

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Silver: Silver continues its upward journey in the Asian session

Posted on March 8, 2012 by GCI Financial

Silver prices rose 1.48% to USD 33.44 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 33.44, marginally higher from yesterday’s close. Silver is expected to find support at 32.92, and … Continue reading →

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Gold: Gold gives up some gains in the Asian session

Posted on March 8, 2012 by GCI Financial

Gold prices traded higher by 0.59% against the USD in the 24 hour period ending 23:00GMT, at 1685.82 per ounce, as the greenback weakened. In the Asian session, at GMT0400, Gold is trading at 1684.65, 0.07% lower from yesterday’s close. … Continue reading →

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Crude Oil: Oil plunged on easing Middle East concern, EIA forecast; trading higher this morning on Chinese demand

Posted on March 7, 2012 by GCI Financial

Oil prices declined 2.00% against the USD for the 24 hour period ending 23:00GMT, closing at 104.98, amid easing political tensions in the Middle East, after the European Union offered to restart negotiations with Iran over its nuclear program and … Continue reading →

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Silver: Silver continues to lose shine in the Asian session

Posted on March 7, 2012 by GCI Financial

Silver prices declined 3.25% to USD 32.95per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 32.87, 0.23% lower from yesterday’s close. Silver is expected to find support at 32.24, and a … Continue reading →

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