Silver: Trading higher after yesterday’s fall

Posted on February 15, 2012 by GCI Financial

Silver prices declined 0.10% to USD 33.59 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 33.67, 0.23% higher from yesterday’s close. Silver is expected to find support at 33.34, and … Continue reading →

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Gold: Yellow metal holds on to yesterday’s gains

Posted on February 15, 2012 by GCI Financial

Gold prices traded 0.05% higher against the USD in the 24 hour period ending 23:00GMT, at 1721.58 per ounce, as bargain hunters returned to buy precious metal after recent downfall. In the Asian session, at GMT0400, Gold is trading at … Continue reading →

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Crude Oil: Continues to trade above $100 per barrel amid tension between Israel and Iran

Posted on February 14, 2012 by GCI Financial

Oil prices advanced 1.15% against the USD for the 24 hour period ending 23:00GMT, closing at 100.54, on concerns over oil supplies amid tensions in the Middle East. Investors await the oil inventory reports later today and tomorrow to offer … Continue reading →

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Silver: Trading lower this morning

Posted on February 14, 2012 by GCI Financial

Silver prices declined 0.49% to USD 33.63per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 33.57, 0.15% lower from yesterday’s close. Silver is expected to find support at 33.34, and a … Continue reading →

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Gold: Gold extends decline in the Asian session

Posted on February 14, 2012 by GCI Financial

Gold prices traded marginally lower by against the USD in the 24 hour period ending 23:00GMT, at 1720.70per ounce, as the greenback strengthened after Moody’s Investors Service downgraded the ratings for six European nations. In the Asian session, at GMT0400, … Continue reading →

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Crude Oil: Oil fell on IEA outlook cut, trading higher this morning

Posted on February 13, 2012 by GCI Financial

Oil prices declined 0.78% against the USD for the 24 hour period ending 23:00GMT on Friday, closing at 98.95, after the International Energy Agency (IEA) cut its 2012 estimate for global oil demand to 0.8 million barrels a day, against … Continue reading →

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Silver: White metal rebounds as dollar retreats in the Asian session

Posted on February 13, 2012 by GCI Financial

On Friday, Silver prices declined 1.24% to USD 33.51 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 33.80, 0.88% higher from Friday’s close. Silver is expected to find support at … Continue reading →

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Gold: Yellow metal trading higher on weaker dollar

Posted on February 13, 2012 by GCI Financial

Gold prices traded lower by 0.57% against the USD in the 24 hour period ending 23:00GMT on Friday, at 1721.18 per ounce. In the Asian session, at GMT0400, Gold is trading at 1727.9, 0.39% higher from Friday’s close, as the … Continue reading →

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Crude Oil: Oil rallied on US labor report; OPEC cuts demand growth forecast for 2012

Posted on February 10, 2012 by GCI Financial

Oil prices advanced 0.89% against the USD for the 24 hour period ending 23:00GMT, closing at 99.73, as freezing temperature in Europe, supply concerns from Middle East and rising violence in Syria provided support to oil prices, shrugging off a … Continue reading →

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

Posted on February 10, 2012 by GCI Financial

Silver prices declined 0.07% to USD 33.93 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 33.87, 0.17% lower from yesterday’s close. Silver is expected to find support at 33.56, and … Continue reading →

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Gold: Trading flat this morning

Posted on February 10, 2012 by GCI Financial

Gold prices traded marginally lower against the USD in the 24 hour period ending 23:00GMT, at 1731.06 per ounce, amid profit booking. In the Asian session, at GMT0400, Gold is trading at 1731.02, flat from yesterday’s close. Gold is expected … Continue reading →

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