Gold: Yellow metal trading higher on safe haven demand

Posted on September 30, 2011 by GCI Financial

Gold prices traded higher by 1.68% against the USD in the 24 hour period ending 23:00GMT, at 1,620.22 per ounce. In the Asian session at 3:00GMT, gold is trading at USD 1,629.10 per ounce, 0.55% higher from 23:00GMT. The pair … Continue reading →

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Crude Oil: Oil trading higher in Asian session

Posted on September 29, 2011 by GCI Financial

Oil prices declined 4.08% against the USD for the 24 hour period ending 23:00GMT, closing at 80.01, after report showed an increase in crude stock piles, raising speculation that fuel demand would falter. The Energy Information Administration reported that oil … Continue reading →

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Silver: Trading higher this morning

Posted on September 29, 2011 by GCI Financial

Silver prices declined 6.74% to USD 29.70 per ounce during the 24 hours ending 23:00GMT, as greenback strengthened. In the Asian session at 3:00GMT, silver is trading at USD 30.48 per ounce, 2.61% higher, from 23:00GMT. The first level of … Continue reading →

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Gold: Yellow metal bounces back this morning

Posted on September 29, 2011 by GCI Financial

Gold prices traded lower by 3.53% against the USD in the 24 hour period ending 23:00GMT, at 1,593.47 per ounce, as investors sold off precious metal, amid lack of clear signals over solution to the European debt crisis. Also, rise … Continue reading →

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Crude Oil: Oil gains on optimism Europe would tame debt crisis, trading lower in Asian session

Posted on September 28, 2011 by GCI Financial

Oil prices advanced 2.51% against the USD for the 24 hour period ending 23:00GMT, closing at 83.41, after reports that European leaders are working out a plan to contain the region’s sovereign-debt crisis, bolstering demand for oil. Late Tuesday, the … Continue reading →

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Silver: White metal moves southward this morning

Posted on September 28, 2011 by GCI Financial

Silver prices rose 3.58% to USD 31.85 per ounce during the 24 hours ending 23:00GMT, amid weak dollar. In the Asian session at 3:00GMT, silver is trading at USD 31.17 per ounce, 2.13% lower, from 23:00GMT. The first level of … Continue reading →

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Gold: Yellow metal surges on physical buying, trading lower this morning

Posted on September 28, 2011 by GCI Financial

Gold prices traded higher by 1.36% against the USD in the 24 hour period ending 23:00GMT, at 1,651.72 per ounce, as greenback weakened and amid optimism that European leaders would take steps to resolve the region’s debt crisis, boosting investor’s … Continue reading →

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Crude Oil: Crude Oil rises on optimism over Europe debt crisis and ahead of inventory reports

Posted on September 27, 2011 by GCI Financial

Oil prices advanced 0.93% against the USD for the 24 hour period ending 23:00GMT, closing at 81.37, supported by speculation that steps taken by the European Central Bank would resolve the debt crisis, raising demand for oil. Investors await the … Continue reading →

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Silver: White metal trading higher in the Asian session

Posted on September 27, 2011 by GCI Financial

Silver prices rose 1.51% to USD 30.75 per ounce during the 24 hours ending 23:00GMT, amid optimism that European leaders would be able to handle a Greece debt default. In the Asian session at 3:00GMT, silver is trading at USD … Continue reading →

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Gold: Gold fell on CME margin hike‎, rebounds in Asian session ‎

Posted on September 27, 2011 by GCI Financial

Gold prices traded lower by 0.69% against the USD in the 24 hour period ending 23:00GMT, at 1,629.57 per ounce, amid increase in margin by the CME Group. In the Asian session at 3:00GMT, gold is trading at USD 1,644.78 … Continue reading →

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Crude Oil: Oil continues its downward trend on European debt outlook‎

Posted on September 26, 2011 by GCI Financial

Oil prices declined 0.48% against the USD, on Friday, for the 24 hour period ending 23:00GMT, closing at 80.19, after the Group of 20 nations meeting on Friday failed to ease concerns over the European debt crisis, raising speculation that … Continue reading →

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