Silver: White metal rises again

Posted on September 9, 2011 by GCI Financial

Silver prices rose 1.83% to USD 42.20 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 42.22 per ounce, marginally higher, from 23:00GMT. The first level of short term resistance … Continue reading →

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Gold: Gold finished higher, dips on Bernanke speech, trading flat this morning

Posted on September 9, 2011 by GCI Financial

Gold prices traded higher by 2.58% against the USD in the 24 hour period ending 23:00GMT, at 1,862.85 per ounce, as investors avoided holding risky assets like stocks and commodities ahead of speeches by Fed Chairman, Ben Bernanke and US … Continue reading →

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Silver: Silver bounces back this morning

Posted on September 8, 2011 by GCI Financial

Silver prices declined 1.22% to USD41.44 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD41.51 per ounce, 0.17% higher, from 23:00GMT. The first level of short term resistance on the … Continue reading →

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

Posted on September 8, 2011 by GCI Financial

Oil prices advanced 4.07% against the USD for the 24 hour period ending 23:00GMT, closing at 89.91, amid speculation that tropical storms would further impact oil production in the Gulf of Mexico and affect oil supplies. A surge in equity … Continue reading →

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Gold: Yellow metal loses its shine as investors rush to equities, trading higher in Asian session

Posted on September 8, 2011 by GCI Financial

Gold prices traded lower by 2.99% against the USD in the 24 hour period ending 23:00GMT, at 1,815.99 per ounce, as a surge in global stock markets reduced the appeal of the safe haven asset. Gold prices dropped the most … Continue reading →

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Crude Oil: Oil rose on supply concerns, trading marginally lower in the Asian session

Posted on September 7, 2011 by GCI Financial

Oil prices advanced 3.55% against the USD for the 24 hour period ending 23:00GMT, closing at 86.39, amid speculation that a storm building in the Gulf of Mexico could impact oil supplies in the US. Oil prices were further buoyed … Continue reading →

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Silver: Following the broad trend in gold

Posted on September 7, 2011 by GCI Financial

Silver prices declined 2.56% to USD41.95 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD41.97 per ounce, 0.05% higher, from 23:00GMT. The first level of short term resistance on the … Continue reading →

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Gold: Gold fails to hold above $1900 an ounce

Posted on September 7, 2011 by GCI Financial

Gold prices traded lower by 1.56% against the USD in the 24 hour period ending 23:00GMT, at 1,871.90 per ounce, after touching an intraday high of over $1,900 per ounce, as the yellow metal was pressured by a strong dollar. … Continue reading →

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Silver: Trading tad higher this morning

Posted on September 6, 2011 by GCI Financial

Silver prices declined 0.39% to USD43.05 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD43.08 per ounce, 0.07% higher, from 23:00GMT. The first level of short term resistance on the … Continue reading →

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Gold: Gold extends gains, rises above $1,900 per ounce

Posted on September 6, 2011 by GCI Financial

Gold prices traded higher by 0.78% against the USD in the 24 hour period ending 23:00GMT, at 1,901.54 per ounce, as concerns over slowing growth and European debt whetted appetite for the metal’s perceived safe haven. In the Asian session … Continue reading →

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Crude Oil: Crude Oil fell on signs of slowing US economy, trading higher this morning

Posted on September 6, 2011 by GCI Financial

Oil prices declined 2.92% against the USD for the 24 hour period ending 23:00GMT, closing at 83.43, extending its previous session losses, amid speculation that signs of a weakening US economy could lead to a drop in fuel demand. Oil … Continue reading →

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