Silver: Silver plunges more than 14% on Friday, trading lower again this morning

Posted on September 26, 2011 by GCI Financial

Silver prices declined 14.31% to USD 30.97 per ounce, on Friday, during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 29.61 per ounce, 4.38% lower, from Friday’s 23:00GMT. The first level of … Continue reading →

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Gold: Gold extended its losses in the Asian session

Posted on September 26, 2011 by GCI Financial

Gold prices traded lower by 5.26% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,649.57 per ounce, as the greenback strengthened. In the Asian session at 3:00GMT, gold is trading at USD 1,635.95 per ounce, … Continue reading →

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Crude Oil: Oil plummets amid growth concerns and as markets tumble, trading higher in the Asian session

Posted on September 23, 2011 by GCI Financial

Oil prices declined 4.92% against the USD for the 24 hour period ending 23:00GMT, closing at 80.58, as investors sold off commodities as a decline in the financial markets further intensified worries that oil demand would falter. At GMT 0300, … Continue reading →

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Silver: White metal plunged more than 9% yesterday, trading marginally higher this morning

Posted on September 23, 2011 by GCI Financial

Silver prices declined 9.04% to USD 36.14 per ounce during the 24 hours ending 23:00GMT, amid pressure from a soaring dollar and renewed recessionary fears. In the Asian session at 3:00GMT, silver is trading at USD 36.17 per ounce, slightly … Continue reading →

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Gold: Trading higher after yesterday’s sharp decline

Posted on September 23, 2011 by GCI Financial

Gold prices traded lower by 2.40% against the USD in the 24 hour period ending 23:00GMT, at 1,741.13 per ounce, amid a rally in the US dollar, which dampened demand for metals. In the Asian session at 3:00GMT, gold is … Continue reading →

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Gold: Gold tumbles as Dollar gained following the US Fed announcement‎

Posted on September 22, 2011 by GCI Financial

Gold prices traded lower by 1.00% against the USD in the 24 hour period ending 23:00GMT, at 1,783.98 per ounce, after the Federal Reserve decided on a $400 billion bond swap to spur the economy. The Federal Reserve officials further … Continue reading →

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Silver: Silver continues to slide amid a strong dollar

Posted on September 22, 2011 by GCI Financial

Silver prices declined 0.18% to USD 39.74 per ounce during the 24 hours ending 23:00GMT, as the dollar strengthened. In the Asian session at 3:00GMT, silver is trading at USD 39.40 per ounce, 0.85% lower, from 23:00GMT. The first level … Continue reading →

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Crude Oil: Oil fell as Fed sees gloomy growth outlook

Posted on September 22, 2011 by GCI Financial

Oil prices declined 1.91% for the 24 hour period ending 23:00GMT, closing at USD 84.75 a barrel, after the Federal Reserve stated that there are “significant downside risks” to the US economic outlook. The Energy Information Administration, yesterday, reported that … Continue reading →

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Gold: Gold regains $1,800 per ounce levels

Posted on September 21, 2011 by GCI Financial

Gold prices traded higher by 1.07% against the USD in the 24 hour period ending 23:00GMT, at 1,802.07 per ounce, rebounding from the sharp fall in the previous few sessions. In the Asian session at 3:00GMT, gold is trading at … Continue reading →

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Silver: White metal trading higher this morning

Posted on September 21, 2011 by GCI Financial

Silver prices rose 0.50% to USD 39.81 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 39.93 per ounce, 0.30% higher, from 23:00GMT. The first level of short term resistance … Continue reading →

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Crude Oil: Crude oil extended its gains this morning on signs of improved US demand

Posted on September 21, 2011 by GCI Financial

Oil prices advanced 1.52% against the USD for the 24 hour period ending 23:00GMT, closing at 86.40, amid speculation that the Federal Reserve would announce stimulus to bolster the economy. Late Tuesday, the American Petroleum Institute reported that crude-oil inventories … Continue reading →

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