Gold: Yellow metal rises above $1700 per ounce on EU debt concerns, US data‎

Posted on October 26, 2011 by GCI Financial

Gold Movement Gold prices traded higher by 2.78% against the USD in the 24 hour period ending 23:00GMT, at 1,697.93 per ounce, as demand for the safe haven asset increased amid uncertainty over the upcoming European Union debt summit and … Continue reading →

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Crude Oil: Crude extended its gains on supply concerns

Posted on October 26, 2011 by GCI Financial

Crude Oil Movement Oil prices advanced 0.77% against the USD for the 24 hour period ending 23:00GMT, closing at 92.40, extending its previous session gains, amid concerns over tight supply. Late Tuesday, the American Petroleum Institute reported that, in the … Continue reading →

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Crude Oil: Crude surges on positive eurozone signals, trading tad lower

Posted on October 25, 2011 by GCI Financial

Oil prices advanced 5.21% against the USD for the 24 hour period ending 23:00GMT, closing at 91.69, amid strong Chinese manufacturing data and investors’ hopes that European Officials would find a definite solution to stem the debt crisis in the … Continue reading →

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Silver: Trading higher this morning

Posted on October 25, 2011 by GCI Financial

Silver prices rose 0.81% to USD 31.68 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 31.82, 0.43% higher from yesterday’s close. Silver is expected to find support at 31.44, and … Continue reading →

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Gold: Yellow metal continues to rises on Europe prospects, China data

Posted on October 25, 2011 by GCI Financial

Gold prices traded higher by 0.64% against the USD in the 24 hour period ending 23:00GMT, at 1,652.02 per ounce, as European leaders edged towards a solid plan to resolve the eurozone debt crisis and amid optimism about the Chinese … Continue reading →

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Gold: Gold rises up on hopes for Europe debt deal‎

Posted on October 24, 2011 by GCI Financial

Gold prices traded higher by 1.61% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,639.90 per ounce, as greenback weakened and as renewed optimism about the eurozone debt solution, spurred investors back to precious metals. … Continue reading →

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Silver: Trading higher

Posted on October 24, 2011 by GCI Financial

Silver prices rose 2.98% to USD 31.31 per ounce, on Friday, during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 31.40, 0.28% higher from Friday’s close. Silver is expected to find support at … Continue reading →

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Crude Oil: Continues to extend Friday’s gain, trading just below $88 per barrel

Posted on October 24, 2011 by GCI Financial

Oil prices advanced 1.55% against the USD, on Friday, for the 24 hour period ending 23:00GMT, closing at 87.62, as investors’ optimism about the Eurozone debt crisis resolution grew, ahead of Eurozone Officials meeting on Sunday. In the Asian session, … Continue reading →

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Gold: Yellow metal edges lower as investors focus on EU developments, trading higher this morning

Posted on October 21, 2011 by GCI Financial

Gold prices traded lower by 1.80% against the USD in the 24 hour period ending 23:00GMT, at 1,613.93 per ounce, as investors sold off precious metal amid uncertainty over the resolution by eurozone officials to contain the debt crisis. In … Continue reading →

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Silver: Trading between its MA’s

Posted on October 21, 2011 by GCI Financial

Silver prices declined 2.67% to USD 30.41 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 30.685, 0.92% higher from yesterday’s close. Silver is expected to find support at 29.98, and … Continue reading →

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Crude Oil: Trading higher this morning

Posted on October 21, 2011 by GCI Financial

Oil prices advanced 0.20% against the USD for the 24 hour period ending 23:00GMT, closing at 86.28, after EIA report showed that crude oil inventories declined last week. In the Asian session, at GMT0300, Crude Oil is trading at 86.52, … Continue reading →

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