Gold: Yellow metal declined as Japan’s intervention lifts dollar, trading higher this morning

Posted on November 1, 2011 by GCI Financial

Gold prices traded lower by 1.78% against the USD in the 24 hour period ending 23:00GMT, at 1,711.60 per ounce, as Japan intervened in currency markets to pressure the yen, giving a sharp lift to the dollar and pressuring the … Continue reading →

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Crude Oil: Oil falls below $93 per dollar

Posted on October 31, 2011 by GCI Financial

Oil prices declined 0.53% against the USD, on Friday, for the 24 hour period ending 23:00GMT, closing at 93.34, on demand concerns. In the Asian session, at GMT0400, Crude Oil is trading at 92.59, 0.80% lower from Friday’s close. Crude … Continue reading →

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Silver: Trading lower this morning

Posted on October 31, 2011 by GCI Financial

Silver prices rose 0.23% to USD 35.32 per ounce, on Friday, during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 34.47, 2.40% lower from Friday’s close. Silver is expected to find support at … Continue reading →

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Gold: Yellow metal slides on Japan’s intervention in the currency market

Posted on October 31, 2011 by GCI Financial

Gold prices traded lower by 0.19% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,742.65 per ounce. In the Asian session, at GMT0400, Gold is trading at 1715.40, 1.56% lower from Friday’s close, after Japan’s … Continue reading →

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Crude Oil: Trading lower this morning, after yesterday’s rally

Posted on October 28, 2011 by GCI Financial

Oil prices advanced 3.36% against the USD for the 24 hour period ending 23:00GMT, closing at 93.84, primed by a deal on Greek debt that investors speculated bodes well for resolving the eurozone crisis. In the Asian session, at GMT0300, … Continue reading →

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Silver: White metal rises as EU deal sinks dollar, boosts commodities

Posted on October 28, 2011 by GCI Financial

Silver prices rose 5.53% to USD 35.24 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 35.25, marginally higher from yesterday’s close. Silver is expected to find support at 33.75, and … Continue reading →

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Gold: Gold advanced on EU deal, trading flat this morning

Posted on October 28, 2011 by GCI Financial

Gold prices traded higher by 1.54% against the USD in the 24 hour period ending 23:00GMT, at 1,745.88 per ounce, as investors cheered to the Europe’s plan to address the region’s debt crisis. Meanwhile, a weaker U.S. dollar also added … Continue reading →

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Crude Oil: Oil fell as crude stocks up, trading higher this morning

Posted on October 27, 2011 by GCI Financial

Oil prices declined 1.74% against the USD for the 24 hour period ending 23:00GMT, closing at 90.79, after report showed a greater than expected rise in crude oil inventories. The Energy Information Administration reported that the crude supplies rose 4.7 … Continue reading →

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Silver: White metal extends yesterday’s gains

Posted on October 27, 2011 by GCI Financial

Silver prices rose 1.19% to USD 33.39 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 33.71, 0.96% higher from yesterday’s close. Silver is expected to find support at 33.19, and … Continue reading →

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Gold: Yellow metal continues to shine

Posted on October 27, 2011 by GCI Financial

Gold prices traded higher by 1.27% against the USD in the 24 hour period ending 23:00GMT, at 1,719.43 per ounce, amid uncertainty over the outcome to a key EU summit. In the Asian session, at GMT0300, Gold is trading at … Continue reading →

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Silver: Silver shines, rose more than 4%

Posted on October 26, 2011 by GCI Financial

Silver Movement Silver prices rose 4.16% to USD33.00 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at USD33.10, 0.31% higher from yesterday’s close. Silver is expected to find support at 31.84, … Continue reading →

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