Gold: Trading lower this morning, after rising yesterday on joint action from Central Banks’ to boost liquidity in financial system

Posted on December 1, 2011 by GCI Financial

Gold prices traded higher by 1.86% against the USD in the 24 hour period ending 23:00GMT, at 1,748.38 per ounce, as the US dollar weakened after six major central banks announced a coordinated move to make additional liquidity available to … Continue reading →

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Silver: Converging with its MA’s

Posted on November 30, 2011 by GCI Financial

Silver prices declined 0.42% to USD 31.93 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.82, 0.34% lower from yesterday’s close. Silver is expected to find support at 31.48, and … Continue reading →

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Crude Oil: Crude oil rose on mounting tensions in Iran, trading lower this morning

Posted on November 30, 2011 by GCI Financial

Oil prices advanced 1.85% against the USD for the 24 hour period ending 23:00GMT, closing at 99.59, following strong US consumer confidence data and amid reports the British embassy in Tehran was attacked. Crude prices also rose, after the reports … Continue reading →

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Gold: Yellow metal continues to trade higher

Posted on November 30, 2011 by GCI Financial

Gold prices traded higher by 0.36% against the USD in the 24 hour period ending 23:00GMT, at 1,716.48 per ounce, as the greenback weakened. In the Asian session, at GMT0400, Gold is trading at 1722.32, 0.34% higher from yesterday’s close. … Continue reading →

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Crude Oil: Continue to trade lower

Posted on November 29, 2011 by GCI Financial

Oil prices declined 0.27% against the USD for the 24 hour period ending 23:00GMT, closing at 97.78. In the Asian session, at GMT0400, Crude Oil is trading at 97.65, 0.13% lower from yesterday’s close. Crude oil is expected to find … Continue reading →

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Silver: Trading lower this morning

Posted on November 29, 2011 by GCI Financial

Silver prices rose 0.87% to USD 32.06 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.94, 0.37% lower from yesterday’s close. Silver is expected to find support at 31.59, and … Continue reading →

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Gold: Yellow metal rose amid investors’ optimism over solution to Euro-zone debt crisis

Posted on November 29, 2011 by GCI Financial

Gold prices traded higher by 1.14% against the USD in the 24 hour period ending 23:00GMT, at 1,710.40 per ounce, as investors’ optimism grew after reports that European officials have made some progress in reining in sovereign-debt crisis and are … Continue reading →

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Crude Oil: Crude Oil declined amid strong US dollar and slide in US equities, trading higher in Asian session

Posted on November 28, 2011 by GCI Financial

Oil prices declined 0.32% against the USD, on Friday, for the 24 hour period ending 23:00GMT, closing at 96.48, as strong US dollar value and a decline in the US equities added pressure on crude oil prices. In the Asian … Continue reading →

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Silver: Trading higher this morning

Posted on November 28, 2011 by GCI Financial

Silver prices declined 2.12% to USD 31.10 per ounce, on Friday, during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.70, 1.92% higher from Friday’s close. Silver is expected to find support at … Continue reading →

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Gold: Yellow metal trading higher after Friday’s loss

Posted on November 28, 2011 by GCI Financial

Gold prices traded lower by 0.80% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,681.77 per ounce, as investors flocked to the greenback, after a fresh set of European credit-rating downgrades. In the Asian session, … Continue reading →

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Gold: Gold rose as greenback weakened, trading lower this morning

Posted on November 25, 2011 by GCI Financial

Gold prices traded higher by 0.28% against the USD in the 24 hour period ending 23:00GMT, at 1,695.28 per ounce, as a broadly weaker US dollar supported prices and as investors remained concerned that the debt crisis in the Euro-zone … Continue reading →

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