Silver: Silver recouping yesterday’s losses

Posted on January 31, 2012 by GCI Financial

Silver prices declined 0.89% to USD 33.58 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 33.61, 0.10% higher from yesterday’s close. Silver is expected to find support at 33.20, and … Continue reading →

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Crude Oil: Crude Oil fell on demand concerns, trading higher this morning

Posted on January 31, 2012 by GCI Financial

Oil prices declined 0.68% against the USD for the 24 hour period ending 23:00GMT, closing at 98.96, as lingering European debt concerns raised speculation that global fuel demand may falter. OPEC’s Secretary General Abdalla El-Badri stated that the EU’s embargo … Continue reading →

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Crude Oil: Crude Oil fell amid disappointing US GDP data

Posted on January 30, 2012 by GCI Financial

  Oil prices declined 0.28% against the USD, on Friday, for the 24 hour period ending 23:00GMT, closing at 99.60, as poor US Gross Domestic Product data raised doubts about oil demand. In the Asian session, at GMT0400, Crude Oil … Continue reading →

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Silver: White metal trading between its MA’s

Posted on January 30, 2012 by GCI Financial

Silver prices rose 1.51% to USD 33.85 per ounce, on Friday, during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 33.61, 0.70% lower from Friday’s close. Silver is expected to find support at … Continue reading →

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Gold: Trading lower this morning

Posted on January 30, 2012 by GCI Financial

  Gold prices traded higher by 1.07% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1736.07 per ounce, amid a weak US dollar. In the Asian session, at GMT0400, Gold is trading at 1734.29, 0.10% … Continue reading →

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Crude Oil: Oil closed yesterday just below $100-a-barrel mark; trading flat this morning

Posted on January 27, 2012 by GCI Financial

Oil prices advanced marginally against the USD for the 24 hour period ending 23:00GMT, closing at 99.88, after the Iranian Parliament stated that they are finalising a draft bill to stop all oil trade with Europe raising concerns over supply. … Continue reading →

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Gold: Gold continues to cement gains in the Asian session

Posted on January 27, 2012 by GCI Financial

Gold prices traded higher by 0.48% against the USD in the 24 hour period ending 23:00GMT, at 1717.78 per ounce, boosted by concerns of inflation and of a weaker dollar. In the Asian session, at GMT0400, Gold is trading at … Continue reading →

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Silver: Weakness in the dollar lifted silver prices

Posted on January 27, 2012 by GCI Financial

Silver prices rose 0.29% to USD 33.34 per ounce during the 24 hours ending 23:00GMT, as the dollar weakened. In the Asian session, at GMT0400, Silver is trading at 33.51, 0.51% higher from yesterday’s close. Silver is expected to find … Continue reading →

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Silver: Silver loses steam in the Asian session

Posted on January 26, 2012 by GCI Financial

Silver prices rose 3.45% to USD33.25 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 33.15, 0.29% lower from yesterday’s close. Silver is expected to find support at 32.00, and a … Continue reading →

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Gold: Gold surpasses $1700 level on Fed’s rate announcement‎

Posted on January 26, 2012 by GCI Financial

Gold prices traded higher by 2.57% against the USD in the 24 hour period ending 23:00GMT, at 1709.52 per ounce, as the dollar weakened following US Federal Reserve announcement that it would keep interest rates low through the end of … Continue reading →

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Crude Oil: Crude oil firms on Fed policy statement, trading flat this morning

Posted on January 26, 2012 by GCI Financial

Oil prices advanced 0.68% against the USD for the 24 hour period ending 23:00GMT, closing at 99.86, after the Federal Reserve stated that it planned to keep interest rates low at least through late 2014, to boost the economic growth, … Continue reading →

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