Silver: White metal trading lower this morning

Posted on December 12, 2011 by GCI Financial

Silver prices rose 1.87% to USD 32.22 per ounce, on Friday, during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.65, 1.77% lower from Friday’s close. Silver is expected to find support at … Continue reading →

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Gold: Gold trading lower in the Asian Session

Posted on December 12, 2011 by GCI Financial

Gold prices traded higher by 0.28% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,711.68 per ounce, after Euro-zone leaders decided to boost the rescue fund and agreed on closer fiscal ties. In the Asian … Continue reading →

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Crude Oil: Crude Oil fell below $100, before ECB Summit

Posted on December 9, 2011 by GCI Financial

Oil prices declined 2.64% against the USD for the 24 hour period ending 23:00GMT, closing at 98.05, as the greenback strengthened and after ECB President, Mario Draghi signalled not to increase bond purchase programme to tame Euro-zone’s sovereign debt crisis. … Continue reading →

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Silver: Continues its southward journey

Posted on December 9, 2011 by GCI Financial

Silver prices declined 2.97% to USD 31.63 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.55, 0.25% lower from yesterday’s close. Silver is expected to find support at 30.88, and … Continue reading →

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Gold: Trading lower following dovish comments from ECB President

Posted on December 9, 2011 by GCI Financial

Gold prices traded lower by 2.07% against the USD in the 24 hour period ending 23:00GMT, at 1,706.93 per ounce, after European Central Bank President (ECB), Mario Draghi stated that he does not plan on purchasing bonds to assist ailing … Continue reading →

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Crude Oil: Crude Oil fell over investors’ pessimism

Posted on December 8, 2011 by GCI Financial

Oil prices declined 0.50% against the USD for the 24 hour period ending 23:00GMT, closing at 100.71, as investors’ turned pessimistic over the Euro-zone leaders’ summit ahead this week and a surprise rise in the crude oil inventories. The Energy … Continue reading →

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Silver: Trading marginally higher this morning

Posted on December 8, 2011 by GCI Financial

Silver prices declined 0.21% to USD 32.59 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 32.60, marginally higher from yesterday’s close, on heavy speculative buying amidst fresh industrial demand. Silver … Continue reading →

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Gold: Yellow metal advanced on better demand, trading lower this morning

Posted on December 8, 2011 by GCI Financial

Gold prices traded higher by 0.87% against the USD in the 24 hour period ending 23:00GMT, at 1,742.95 per ounce, on renewed investors demand as well as good off take in Asian countries, especially, China and India. In the Asian … Continue reading →

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Crude Oil: Crude oil advanced amid reports of a possible Iran ban

Posted on December 7, 2011 by GCI Financial

Oil prices advanced 0.62% against the USD for the 24 hour period ending 23:00GMT, closing at 101.22, after European Union indicated that it may ban imports of Iranian crude. Also, a decline in the US stockpiles further added to the … Continue reading →

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Silver: Trading lower this morning

Posted on December 7, 2011 by GCI Financial

Silver prices rose 1.74% to USD 32.66 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 32.60, 0.17% lower from yesterday’s close. Silver is expected to find support at 31.87, and … Continue reading →

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Gold: Gold higher in the Asian session

Posted on December 7, 2011 by GCI Financial

Gold prices traded higher by 0.27% against the USD in the 24 hour period ending 23:00GMT, at 1,728.00 per ounce. In the Asian session, at GMT0400, Gold is trading at 1729.43, 0.08% higher from yesterday’s close. Gold is expected to … Continue reading →

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