Gold: Yellow metal rebounds in the Asian session

Posted on February 6, 2012 by GCI Financial

On Friday, Gold prices traded lower by 1.81% against the USD in the 24 hour period ending 23:00GMT, at 1725.46 per ounce, as better-than-expected data in the US reduced demand for the precious metal. In the Asian session, at GMT0400, … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: Crude oil continues to decline, amid US demand concerns

Posted on February 3, 2012 by GCI Financial

Oil prices declined 0.64% against the USD for the 24 hour period ending 23:00GMT, closing at 96.72, amid slowing oil demand in the US. In the Asian session, at GMT0400, Crude Oil is trading at 96.46, 0.27% lower from yesterday’s … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Trading lower this morning

Posted on February 3, 2012 by GCI Financial

Silver prices rose 1.24% to USD 34.26 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 34.16, 0.30% lower from yesterday’s close. Silver is expected to find support at 33.62, and … Continue reading →

Posted in Silver | Leave a comment

Gold: Gold surges on better-than-expected economic data.

Posted on February 3, 2012 by GCI Financial

Gold prices traded higher by 0.71% against the USD in the 24 hour period ending 23:00GMT, at 1757.35 per ounce, as Greek default concerns triggered safe haven buying in the precious metal. The yellow metal rose further, after Federal Reserve … Continue reading →

Posted in Gold | Leave a comment

Gold: Weaker dollar pushes yellow metal higher

Posted on February 2, 2012 by GCI Financial

Gold prices traded higher by 0.30% against the USD in the 24 hour period ending 23:00GMT, at 1745.02 per ounce as positive manufacturing data around the globe fuel optimism that the global recovery is weathering the Euro debt crisis, boosting … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: Oil fell as US stockpiles rose, trading higher this morning

Posted on February 2, 2012 by GCI Financial

Oil prices declined 1.13% against the USD for the 24 hour period ending 23:00GMT, closing at 97.34, as a higher-than-expected surge in crude oil stock piles outweighed robust manufacturing data in China and the US. Yesterday, the Energy Information Administration … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Reversing its yesterday’s gain

Posted on February 2, 2012 by GCI Financial

Silver prices rose 1.71% to USD 33.84 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 33.764, 0.23% lower from yesterday’s close. Silver is expected to find support at 33.26, and … Continue reading →

Posted in Silver | Leave a comment

Crude Oil: Crude oil fell on rising inventories, poor US economic data; trading higher this morning

Posted on February 1, 2012 by GCI Financial

Oil prices declined 0.52% against the USD for the 24 hour period ending 23:00GMT, closing at 98.45, amid demand concerns following the release of weak US home-price and consumer confidence data. Late Tuesday, the American Petroleum Institute reported that crude-oil … Continue reading →

Posted in Crude Oil | Leave a comment

Gold: Gold loses steam this morning

Posted on February 1, 2012 by GCI Financial

Gold prices traded higher by 0.41% against the USD in the 24 hour period ending 23:00GMT, at 1739.82 per ounce, after risk appetite for precious metal rose, following the reports that after 25 countries in the Euro-zone has signed for … Continue reading →

Posted in Gold | Leave a comment

Silver: White metal extends decline against greenback in the Asian session

Posted on February 1, 2012 by GCI Financial

Silver prices declined 0.92% to USD 33.27 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 33.24, 0.09% lower from yesterday’s close. Silver is expected to find support at 32.76, and … Continue reading →

Posted in Silver | Leave a comment

Gold: Trading higher this morning

Posted on January 31, 2012 by GCI Financial

Gold prices traded lower by 0.18% against the USD in the 24 hour period ending 23:00GMT, at 1732.80 per ounce, as the greenback strengthened. In the Asian session, at GMT0400, Gold is trading at 1735.70, 0.17% higher from yesterday’s close. … Continue reading →

Posted in Gold | Leave a comment