Silver: Silver trading lower this morning

Posted on November 25, 2011 by GCI Financial

Silver prices rose 0.07% to USD 31.78 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.75, 0.09% lower from yesterday’s close. Silver is expected to find support at 31.49, and … Continue reading →

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Crude Oil: Crude oil advanced on Middle East violence, trading lower this morning

Posted on November 25, 2011 by GCI Financial

Oil prices advanced 0.93% against the USD for the 24 hour period ending 23:00GMT, closing at 96.79, as a broadly weaker US dollar and indications of strong US oil demand boosted prices. Crude prices found further support as investors stepped … Continue reading →

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Silver: Silver continues to trade lower

Posted on November 24, 2011 by GCI Financial

Silver Movement Silver prices declined 2.94% to USD31.75 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.68, 0.25% lower from yesterday’s close. Silver is expected to find support at 31.06, … Continue reading →

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Gold: Gold weakens as stronger dollar weighs

Posted on November 24, 2011 by GCI Financial

Gold Movement Gold prices traded lower by 0.46% against the USD in the 24 hour period ending 23:00GMT, at 1,690.55 per ounce, amid a stronger dollar and as concerns that the Euro-zone’s sovereign debt crisis was worsening prompted investors to … Continue reading →

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Crude Oil: Crude oil fell after dismal Euro-zone PMI data, trading higher this morning

Posted on November 24, 2011 by GCI Financial

  Oil prices declined 1.78% against the USD for the 24 hour period ending 23:00GMT, closing at 95.90, after a dismal German bond auction and weaker-than-expected Euro-zone manufacturing data, added to concerns over an already bleak global outlook. Yesterday the … Continue reading →

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Crude Oil: Crude Oil advanced over Middle East tensions

Posted on November 23, 2011 by GCI Financial

Oil prices advanced 0.51% against the USD for the 24 hour period ending 23:00GMT, closing at 97.64, as new sanctions against Iran and protests in Egypt raised concerns over supplies from the oil-rich region. Late Tuesday, the American Petroleum Institute … Continue reading →

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Silver: Trading above its MA’s

Posted on November 23, 2011 by GCI Financial

Silver prices rose 3.75% to USD 32.72 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 32.62, 0.31% lower from yesterday’s close. Silver is expected to find support at 31.51, and … Continue reading →

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Gold: Yellow metal adds to yesterday’s gains, after tepid US GDP added investor concern

Posted on November 23, 2011 by GCI Financial

Gold prices traded higher by 1.18% against the USD in the 24 hour period ending 23:00GMT, at 1,698.28 per ounce, as the greenback weakened, after the tepid GDP figure fuelled speculation that the Federal Reserve could introduce further stimulus measures … Continue reading →

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Crude Oil: Trading between its MA’s

Posted on November 22, 2011 by GCI Financial

Oil prices declined 0.22% against the USD for the 24 hour period ending 23:00GMT, closing at 97.14, as warning from Moody’s Investors Service over France’s credit rating and investors’ expectations that the US supercommittee has failed to reach a deficit-reduction … Continue reading →

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Silver: White metal fell over poor Chinese silver imports data

Posted on November 22, 2011 by GCI Financial

Silver prices declined 1.76% to USD 31.54 per ounce during the 24 hours ending 23:00GMT, as greenback strengthened. Silver prices were further weighed down on demand concerns after reports showed that Chinese silver imports dropped 26% (YoY) in October and … Continue reading →

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Gold: Gold declined as US dollar strengthened

Posted on November 22, 2011 by GCI Financial

Gold prices traded lower by 2.39% against the USD in the 24 hour period ending 23:00GMT, at 1,678.40 per ounce, as a greenback rallied, amid European and US debt concerns. In the Asian session, at GMT0400, Gold is trading at … Continue reading →

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