Gold: Yellow metal continues to rise on renewed safe haven buying

Posted on January 5, 2012 by GCI Financial

  Gold prices traded higher by 0.35% against the USD in the 24 hour period ending 23:00GMT, at 1,612.05 per ounce, on renewed safe-haven buying amid growing geopolitical tensions between Iran and the US. In the Asian session, at GMT0400, … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: Crude Oil tumbled as OPEC raised output ceiling, trading higher this morning

Posted on December 15, 2011 by GCI Financial

Oil prices declined 5.26% against the USD for the 24 hour period ending 23:00GMT, closing at 94.83, amid a strong dollar and after the Organisation of Petroleum Exporting Countries (OPEC) decided to raise its production ceiling to 30 million barrels … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Trading higher this morning, following a sharp fall yesterday

Posted on December 15, 2011 by GCI Financial

Silver prices declined 5.81% to USD 28.95 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 29.03, 0.29% higher from yesterday’s close. Silver is expected to find support at 28.04, and … Continue reading →

Posted in Silver | Leave a comment

Gold: Gold tumbles below $1600 on broad dollar strength

Posted on December 15, 2011 by GCI Financial

Gold prices traded lower by 3.06% against the USD in the 24 hour period ending 23:00GMT, at 1,579.02 per ounce, as the dollar strengthened following concerns over Europe’s debt crisis. In the Asian session, at GMT0400, Gold is trading at … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: Crude Oil advanced amid supply concerns, trading lower this morning

Posted on December 14, 2011 by GCI Financial

Oil prices advanced 2.33% against the USD for the 24 hour period ending 23:00GMT, closing at 100.10, amid concerns over supply disruption following reports that Iran could hold military drills next to a key oil-shipping channel. Late Tuesday, the American … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Trading higher this morning

Posted on December 14, 2011 by GCI Financial

Silver prices declined 1.83% to USD 30.74 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 30.96, 0.72% higher from yesterday’s close. Silver is expected to find support at 30.25, and … Continue reading →

Posted in Silver | Leave a comment

Gold: Gold fell on dollar rally, trading higher this morning

Posted on December 14, 2011 by GCI Financial

Gold prices traded lower by 2.24% against the USD in the 24 hour period ending 23:00GMT, at 1,628.78 per ounce, as the dollar surged after the US Federal Reserve meeting offered no new stimulus. In the Asian session, at GMT0400, … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: Crude Oil declined on Euro debt concerns

Posted on December 13, 2011 by GCI Financial

Oil prices declined 1.69% against the USD for the 24 hour period ending 23:00GMT, closing at 97.82, on concern over the European debt crisis and as Moody’s Investors Service stated that it would review ratings for countries in the region. … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Trading below its MA’s

Posted on December 13, 2011 by GCI Financial

Silver prices declined 2.81% to USD 31.31 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.08, 0.73% lower from yesterday’s close. Silver is expected to find support at 30.72, and … Continue reading →

Posted in Silver | Leave a comment

Gold: Gold extended its fall this morning on dollar’s rally

Posted on December 13, 2011 by GCI Financial

Gold prices traded lower by 2.71% against the USD in the 24 hour period ending 23:00GMT, at 1,666.18 per ounce, as dollar rose following concerns that there still could be a possible downgrade of European nations’ sovereign debt by rating … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: Crude Oil rose following the Euro summit, trading lower this morning

Posted on December 12, 2011 by GCI Financial

Oil prices advanced 1.67% against the USD, on Friday, for the 24 hour period ending 23:00GMT, closing at 99.69, after European leaders, on Friday, agreed to boost the region’s rescue fund and tighten budget rules. In the Asian session, at … Continue reading →

Posted in Crude Oil | Leave a comment