Gold: Gold trading higher after EU approves Greece bailout

Posted on February 21, 2012 by GCI Financial

Gold prices traded marginally higher against the USD in the 24 hour period ending 23:00GMT, at1732.55 per ounce. In the Asian session, at GMT0400, Gold is trading at 1735.76, 0.19% higher from yesterday’s close, as the dollar weakened after Euro-zone … Continue reading →

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Gold: Gold trading higher on China bank lending decision, Greek hopes

Posted on February 20, 2012 by GCI Financial

On Friday, Gold prices traded lower by 0.38% against the USD in the 24 hour period ending 23:00GMT, at 1721.67per ounce, amid profit booking In the Asian session, at GMT0400, Gold is trading at 1734.97, 0.77% higher from Friday’s close, … Continue reading →

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Silver: White Metal rebounds in the Asian session from Friday’s losses

Posted on February 20, 2012 by GCI Financial

On Friday, Silver prices declined 0.74% to USD 33.21per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 33.56, 1.05% higher from Friday’s close. Silver is expected to find support at 33.19, … Continue reading →

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Crude Oil: Oil trading higher this morning on supply concern from Iran, China easing

Posted on February 20, 2012 by GCI Financial

On Friday, Oil prices advanced 1.21% against the USD for the 24 hour period ending 23:00GMT, closing at 103.53, supported by lingering geopolitical concerns and rising optimism over the resolution of the Greek debt. On Friday, in its monthly report, … Continue reading →

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Crude Oil: Trading above $102 per barrel

Posted on February 17, 2012 by GCI Financial

Oil prices advanced 0.40% against the USD for the 24 hour period ending 23:00GMT, closing at102.29, on concern that the dispute with Iran over its nuclear program may lead to a disruption in oil exports from the Persian Gulf region. … Continue reading →

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Silver: White metal continues its rising trend

Posted on February 17, 2012 by GCI Financial

Silver prices rose 0.05% to USD 33.46 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 33.50, 0.13% higher from yesterday’s close. Silver is expected to find support at 32.90, and … Continue reading →

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Gold: Demand for yellow metal to see positive growth in 2012: World Gold Council‎

Posted on February 17, 2012 by GCI Financial

Gold prices traded marginally higher against the USD in the 24 hour period ending 23:00GMT, at 1728.19 per ounce, after World Gold Council stated that demand for gold would see positive growth in 2012. In the Asian session, at GMT0400, … Continue reading →

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Crude Oil: Oil rose on supply threat, decline in US crude inventories; trading lower this morning

Posted on February 16, 2012 by GCI Financial

Oil prices advanced 0.93% against the USD for the 24 hour period ending 23:00GMT, closing at 101.88, after Iran’s Press TV reported that Iran has stopped oil exports to six European states in retaliation for the European Union sanctions imposed … Continue reading →

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Silver: White metal continues its downfall in the Asian session

Posted on February 16, 2012 by GCI Financial

Silver prices declined 0.45% to USD 33.44 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 33.34, 0.29% lower from yesterday’s close. Silver is expected to find support at 32.98, and … Continue reading →

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Gold: Gold pulls back versus greenback this morning

Posted on February 16, 2012 by GCI Financial

Gold prices traded higher 0.35% against the USD in the 24 hour period ending 23:00GMT, at 1727.56 per ounce, after Chinese Central Bank Governor, Zhou Xiaochuan, stated that the Euro-zone’s challenges can be solved and that China would invest in … Continue reading →

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Crude Oil: Oil extends its gains in the Asian session

Posted on February 15, 2012 by GCI Financial

Oil prices advanced 0.40% against the USD for the 24 hour period ending 23:00GMT, closing at100.94, amid supply concerns in the Middle East sparked by tensions over Iran and disruptions in Southern Sudan. Late Tuesday, American Petroleum Institute reported that … Continue reading →

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