Gold: Gold decline amid sell-off, trading higher this morning

Posted on March 7, 2012 by GCI Financial

Gold prices traded lower by 1.81% against the USD in the 24 hour period ending 23:00GMT, at 1675.89 per ounce, as greenback strengthened, amid fading speculation over further stimulus for the US economy, as Dallas Fed President, Richard Fisher, expressed … Continue reading →

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Crude Oil: Crude oil gained on supply concerns, trading lower this morning

Posted on March 6, 2012 by GCI Financial

Oil prices advanced 0.22% against the USD for the 24 hour period ending 23:00GMT, closing at 107.12, amid concerns over potential supply disruptions from Iran. Investors concerns also heightened after the Israeli Prime Minister, Benjamin Netanyahu, showed no signs of … Continue reading →

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Silver: White metal continues to loses steam in the Asian session

Posted on March 6, 2012 by GCI Financial

Silver prices declined 2.19% to 34.06 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 33.93, 0.38% lower from yesterday’s close. Silver is expected to find support at 33.38, and a … Continue reading →

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Gold: Yellow metal fell on China’s lower growth prospects

Posted on March 6, 2012 by GCI Financial

Gold prices traded lower by 0.40% against the USD in the 24 hour period ending 23:00GMT, at 1706.72 per ounce, after China, the biggest buyer of yellow metal, lowered its economic growth target for 2012, curbing prospects for commodity. In … Continue reading →

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Crude Oil: Oil gaining strength in the Asian session after Friday’s fall

Posted on March 5, 2012 by GCI Financial

Oil prices declined 1.76% against the USD for the 24 hour period ending 23:00GMTon Friday, closing at 106.88. In the Asian session, at GMT0400, Crude Oil is trading at 106.98, 0.09% higher from Friday’s close, amid reports that the US … Continue reading →

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Silver: White metal continues its downward journey

Posted on March 5, 2012 by GCI Financial

On Friday, Silver prices declined 1.86% to USD 34.82per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 34.73, 0.25% lower from Friday’s close. Silver is expected to find support at 34.26, … Continue reading →

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Gold: Gold extended its losses this morning amid a strong US dollar

Posted on March 5, 2012 by GCI Financial

On Friday, Gold prices traded lower by 0.32% against the USD in the 24 hour period ending 23:00GMT, at 1713.52per ounce, as the dollar strengthened on speculation that there would not be monetary easing in the US soon. In the … Continue reading →

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Gold: Gold up on bargain hunting

Posted on March 2, 2012 by GCI Financial

  Gold prices traded higher by 1.23% against the USD in the 24 hour period ending 23:00GMT, at 1719.10 per ounce, as a sharp drop in price in the previous session, prompted investors to buy precious metals at lower prices. … Continue reading →

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Silver: White metal trading between its MA’s

Posted on March 2, 2012 by GCI Financial

  Silver prices rose 2.57% to USD 35.48 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 35.31, 0.48% lower from yesterday’s close. Silver is expected to find support at 34.60, … Continue reading →

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Crude Oil: Crude oil rose amid rising concerns in Middle East

Posted on March 2, 2012 by GCI Financial

  Oil prices advanced 1.65% against the USD for the 24 hour period ending 23:00GMT, closing at 108.80, after Israel stated that it would test-fire a ballistic interceptor missile, raising fears of a conflict with Iran. Additionally, oil prices also … Continue reading →

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Silver: Trading higher this morning after yesterday’s sharp fall

Posted on March 1, 2012 by GCI Financial

Silver prices declined 6.39% to USD 34.59 per ounce during the 24 hours ending 23:00GMT, after the Federal Reserve suggested that there would be no more monetary stimulus to bolster the US economy. In the Asian session, at GMT0400, Silver … Continue reading →

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