Gold: Yellow metal trading lower with Euro-zone debt crisis in focus

Posted on November 16, 2011 by GCI Financial

Gold prices traded flat against the USD in the 24 hour period ending 23:00GMT, at 1,780.93 per ounce. Gold prices continued to remain under pressure, as fears that the Euro-zone’s sovereign debt crisis is worsening prompted investors to sell their … Continue reading →

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Crude Oil: Oil rises this morning after yesterday’s fall

Posted on November 15, 2011 by GCI Financial

Oil prices declined 1.31% against the USD for the 24 hour period ending 23:00GMT, closing at 98.05, on concerns Europe may slip into a recession, diminishing hopes that new governments in Italy and Greece would prevent the region’s debt crisis … Continue reading →

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Silver: Continue to trade lower in Asian session

Posted on November 15, 2011 by GCI Financial

Silver prices declined 1.59% to USD 34.22 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 34.18, 0.12% lower from yesterday’s close. Silver is expected to find support at 33.82, and … Continue reading →

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Gold: Gold slips southward as political instability in Greece and Italy boosts the dollar

Posted on November 15, 2011 by GCI Financial

Gold prices traded lower by 0.43% against the USD in the 24 hour period ending 23:00GMT, at 1,780.82 per ounce, as hopes dim that stability will return soon to Italy and Greece. In the Asian session, at GMT0400, Gold is … Continue reading →

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Silver: Trading above its MA’s

Posted on November 14, 2011 by GCI Financial

Silver prices rose 2.05% to USD 34.64 per ounce, on Friday, during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 34.80, 0.45% higher from Friday’s close. Silver is expected to find support at … Continue reading →

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Gold: Gold continues to trade higher this morning

Posted on November 14, 2011 by GCI Financial

Gold prices traded higher by 1.79% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,788.82 per ounce. In the Asian session, at GMT0400, Gold is trading at 1792.73, 0.22% higher from Friday’s close. Gold is … Continue reading →

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Crude Oil: Oil rose amid fresh concerns on Middle East tensions

Posted on November 14, 2011 by GCI Financial

Oil prices advanced 1.64% against the USD, on Friday, for the 24 hour period ending 23:00GMT, closing at 99.05, as political developments in the Euro-zone raised investors’ risk appetite. Also, speculation that political concerns in the Middle East would worsen, … Continue reading →

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Crude Oil: Crude oil extends its gain in Asian session

Posted on November 11, 2011 by GCI Financial

Oil prices advanced 1.83% against the USD for the 24 hour period ending 23:00GMT, closing at 97.45, amid strong US jobs data. In the Asian session, at GMT0400, Crude Oil is trading at 98.06, 0.63% higher from yesterday’s close. Crude … Continue reading →

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Silver: Trading higher this morning after yesterday’s fall

Posted on November 11, 2011 by GCI Financial

Silver prices declined 0.49% to USD 33.95 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 34.0275, 0.24% higher from yesterday’s close. Silver is expected to find support at 33.40, and … Continue reading →

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Gold: Gold drops as safe-haven appeal fades, trading higher this morning

Posted on November 11, 2011 by GCI Financial

Gold prices traded lower by 0.77% against the USD in the 24 hour period ending 23:00GMT, at 1,757.40 per ounce, as a better-than-expected bond auction in Italy and positive developments in Greece improved investors’ risk sentiment, diminishing appeal for precious … Continue reading →

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Crude Oil: Crude oil continues to slip in Asian session

Posted on November 10, 2011 by GCI Financial

Oil prices declined 1.30% against the USD for the 24 hour period ending 23:00GMT, closing at 95.70, amid persisting doubts over the Euro-zone’s debt crisis. The Energy Information Administration reported that crude inventories declined 1.4 million barrels for the week … Continue reading →

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