Crude Oil: Crude trading below its MA’s

Posted on November 21, 2011 by GCI Financial

Oil prices declined 1.45% against the USD, on Friday, for the 24 hour period ending 23:00GMT, closing at 97.18, over investors’ speculation that fuel demand may falter amid signs of slowing global economic growth in Asia and debt crises in … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Trading lower this morning

Posted on November 21, 2011 by GCI Financial

Silver prices rose 1.64% to USD 32.27 per ounce, on Friday, during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 32.20, 0.21% lower from Friday’s close. Silver is expected to find support at … Continue reading →

Posted in Silver | Leave a comment

Gold: Gold under pressure, caution prevails after Spain election

Posted on November 21, 2011 by GCI Financial

Gold prices traded flat against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,722.85 per ounce. In the Asian session, at GMT0400, Gold is trading at 1722.60, marginally lower from Friday’s close, as investors remained cautious … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: Trading tad higher after yesterday’s sharp fall

Posted on November 18, 2011 by GCI Financial

Oil prices declined 3.07% against the USD for the 24 hour period ending 23:00GMT, closing at 98.61, on future demand worries, after weak Spanish and French government debt auctions underlined concerns that Europe’s debt crisis was worsening. In the Asian … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Silver slips more than 5%, continues to trade lower

Posted on November 18, 2011 by GCI Financial

Silver prices declined 5.49% to USD 31.75 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.50, 0.78% lower from yesterday’s close. Silver is expected to find support at 30.32, and … Continue reading →

Posted in Silver | Leave a comment

Gold: Gold fell more than 2% on Euro-zone debt contagion fears, trading higher this morning

Posted on November 18, 2011 by GCI Financial

Gold prices traded lower by 2.19% against the USD in the 24 hour period ending 23:00GMT, at 1,722.77 per ounce, as concerns that the Euro-zone’s ongoing debt crisis was worsening prompted investors to liquidate gold positions. Meanwhile, the World Gold … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: Crude oil continues to trade above $100 per barrel after the US inventory data

Posted on November 17, 2011 by GCI Financial

Oil prices advanced 2.52% against the USD for the 24 hour period ending 23:00GMT, closing at 101.73, following reports showing a decline in crude oil inventories. The Energy Information Administration reported that the crude supplies declined 1.1 million barrels for … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: White metal recouping its yesterday’s losses

Posted on November 17, 2011 by GCI Financial

Silver prices declined 2.76% to USD 33.60 per ounce during the 24 hours ending 23:00GMT, as a stronger US dollar and fears that the Euro-zone’s sovereign debt crisis was spreading to the region’s core economies prompted investors to sell the … Continue reading →

Posted in Silver | Leave a comment

Gold: Gold fell amid lingering Euro-zone debt woes, trading flat this morning

Posted on November 17, 2011 by GCI Financial

Gold prices traded lower by 1.10% against the USD in the 24 hour period ending 23:00GMT, at 1,761.38 per ounce, as the dollar gained strength amid renewed worries over the Euro-zone debt crisis. In the Asian session, at GMT0400, Gold … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: Crude oil rose after upbeat US economic data, trading lower this morning

Posted on November 16, 2011 by GCI Financial

Oil prices advanced 1.20% against the USD for the 24 hour period ending 23:00GMT, closing at 99.23, amid strong US retail sales and manufacturing data. Late Tuesday, the American Petroleum Institute reported that the crude oil supplies climbed by 1.3 … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Silver erases its yesterday’s gains as stronger dollar weighs

Posted on November 16, 2011 by GCI Financial

Silver prices rose 0.96% to USD 34.55 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 34.24, 0.89% lower from yesterday’s close, as markets continued to monitor developments surrounding the Euro-zone’s … Continue reading →

Posted in Silver | Leave a comment