Crude Oil: Trading higher this morning

Posted on January 10, 2012 by GCI Financial

  Oil prices declined 0.50% against the USD for the 24 hour period ending 23:00GMT, closing at 101.32, after reports showed that German industrial production declined and as concerns eased that Iran would block crude shipments from the Persian Gulf. … Continue reading →

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Silver: Continues to trade higher

Posted on January 10, 2012 by GCI Financial

  Silver prices rose 0.74% to USD 29.00 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 29.12, 0.44% higher from yesterday’s close. Silver is expected to find support at 28.74, … Continue reading →

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Gold: Yellow metal fall on lower offtake, global cues; trading higher this morning

Posted on January 10, 2012 by GCI Financial

  Gold prices traded lower by 0.29% against the USD in the 24 hour period ending 23:00GMT, at 1,609.73 per ounce, as safe-haven buying fell, amid weak global cues. In the Asian session, at GMT0400, Gold is trading at 1616.29, … Continue reading →

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Crude Oil: Crude Oil loses steam in the Asian session

Posted on January 9, 2012 by GCI Financial

  Oil prices advanced 0.27% against the USD, on Friday, for the 24 hour period ending 23:00GMT, closing at 101.75. In the Asian session, at GMT0400, Crude Oil is trading at 101.02, 0.72% lower from Friday’s close. Crude oil is … Continue reading →

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Silver: Silver gaining strength this morning, after Friday’s losses

Posted on January 9, 2012 by GCI Financial

  Silver prices declined 1.89% to USD 28.75, on Friday, per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 28.78, 0.13% higher from Friday’s close. Silver is expected to find support … Continue reading →

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Gold: Yellow metal continues to trade lower this morning

Posted on January 9, 2012 by GCI Financial

  Gold prices traded lower by 0.31% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,617.31 per ounce, amid a strong dollar. In the Asian session, at GMT0400, Gold is trading at 1608.25, 0.56% lower … Continue reading →

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Crude Oil: Crude Oil down amid rise in oil stockpiles

Posted on January 6, 2012 by GCI Financial

  Oil prices declined 1.69% against the USD for the 24 hour period ending 23:00GMT, closing at 101.48, after reports showed an increase in crude oil inventories. The Energy Information Administration reported that crude-oil supplies rose 2.2 million barrels in … Continue reading →

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Silver: Silver showing convergence with its MA’s

Posted on January 6, 2012 by GCI Financial

  Silver prices rose 0.55% to USD 29.30 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 29.28, 0.07% lower from yesterday’s close. Silver is expected to find support at 28.79, … Continue reading →

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Gold: Gold extended its gains this morning

Posted on January 6, 2012 by GCI Financial

  Gold prices traded higher by 0.64% against the USD in the 24 hour period ending 23:00GMT, at 1,622.38 per ounce. Yesterday, two leading brokers lowered 2012 gold-price forecasts, but held to expectations for rising prices this year. HSBC cut … Continue reading →

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Crude Oil: Crude Oil rose following oil inventories report, trading lower this morning

Posted on January 5, 2012 by GCI Financial

  Oil prices advanced 0.17% against the USD for the 24 hour period ending 23:00GMT, closing at 103.22, as decline in crude oil inventories and continued tension over Iran’s nuclear program, raised concerns about the crude oil supply. Late Wednesday, … Continue reading →

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Silver: White metal trading higher this morning

Posted on January 5, 2012 by GCI Financial

  Silver prices declined 1.93% to USD 29.14 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 29.40, 0.90% higher from yesterday’s close. Silver is expected to find support at 28.98, … Continue reading →

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