Silver: Trading higher

Posted on October 11, 2011 by GCI Financial

Silver prices advanced 2.38% to USD32.15 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 32.23, 0.25% higher from the New York close. Silver is expected to find support at 31.66, … Continue reading →

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Gold: Yellow metal continues to rise after EU pledge

Posted on October 11, 2011 by GCI Financial

Gold prices traded higher by 2.35% against the USD in the 24 hour period ending 23:00GMT, at 1,679.40 per ounce, as more hopeful outlook on Europe soothed fears of a Greek default. In a joint statement made on Sunday, German … Continue reading →

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Crude Oil: Oil edges up after upbeat US jobs data

Posted on October 10, 2011 by GCI Financial

Oil prices advanced 0.93%, on Friday, for the 24 hour period ending 23:00GMT, closing at 82.90, on speculation that oil demand would increase, following the better than expected US jobs data. In the Asian session, at GMT0300, Crude oil is … Continue reading →

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Silver: White metal showing convergence with its MA’s

Posted on October 10, 2011 by GCI Financial

Silver prices declined 2.27% to USD 31.13 per ounce, on Friday, during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 31.75, 1.99% higher from the Friday’s close. Silver is expected to find support … Continue reading →

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Gold: Gold trading higher in the Asian session

Posted on October 10, 2011 by GCI Financial

Gold prices traded lower by 0.70% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1638.90 per ounce, amid a broad sell off, after Fitch downgraded the credit ratings of Spain and Italy. In the Asian … Continue reading →

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Crude Oil: Oil extends gains, trading above $82 per barrel

Posted on October 7, 2011 by GCI Financial

Oil prices advanced 3.09% against the USD for the 24 hour period ending 23:00GMT, closing at 82.14, over better than expected US jobs data. In the Asian session, at GMT0300, Crude oil is trading at 82.59, 0.55% higher from the … Continue reading →

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Silver: Trading higher

Posted on October 7, 2011 by GCI Financial

Silver prices rose 4.64% to USD 31.85 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 32.175, 1.01% higher from the New York close. Silver is expected to find support at … Continue reading →

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Gold: Rises above $1650 per ounce, as ECB, BOE boost liquidity

Posted on October 7, 2011 by GCI Financial

Gold prices traded higher by 0.49% against the USD in the 24 hour period ending 23:00GMT, at 1,650.50 per ounce, after the European Central Bank announced measures to boost liquidity, while the Bank of England implemented a fresh round of … Continue reading →

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Gold: Yellow metal continues to shine in Asian session

Posted on October 6, 2011 by GCI Financial

Gold prices traded higher by 1.00% against the USD in the 24 hour period ending 23:00GMT, at 1,642.43 per ounce, as a sharp decline in prices in the previous session, spurred investors back to precious metals. In the Asian session, … Continue reading →

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Silver: Trading higher

Posted on October 6, 2011 by GCI Financial

Silver prices rose 1.40% to USD 30.44 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 30.515, 0.25% higher from the New York close. Silver is expected to find support at … Continue reading →

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Crude Oil: Crude oil rose after inventory data, trading lower this morning

Posted on October 6, 2011 by GCI Financial

Oil prices advanced 2.21% against the USD for the 24 hour period ending 23:00GMT, closing at 79.68, as a positive private sector payroll data in the US revived hopes for US economic recovery, while a weekly oil inventory report showed … Continue reading →

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