Silver: Trading higher in Asian session

Posted on August 25, 2011 by GCI Financial

Silver prices declined 6.04% to USD39.65 per ounce during the 24 hours ending 23:00GMT, on profit booking. In the Asian session at 3:00GMT, silver is trading at USD39.94 per ounce, 0.73% higher, from 23:00GMT. The first level of short term … Continue reading →

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Crude Oil: Continues to trade lower

Posted on August 25, 2011 by GCI Financial

Oil prices declined 0.13% against the USD for the 24 hour period ending 23:00GMT, closing at 85.48. The US Energy Information Administration (EIA) reported that crude oil inventories declined by 2.2 million barrels for the week ended August 19. Gasoline … Continue reading →

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Crude Oil: Oil rose on Fed stimulus optimism, trading lower this morning

Posted on August 24, 2011 by GCI Financial

Oil prices advanced 1.79% against the USD for the 24 hour period ending 23:00GMT, closing at 85.64, after a report showed a decline in the crude stockpiles. Crude-oil also rallied, extending their gains to a second session on a triple-digit … Continue reading →

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Silver: Continues to trade lower in Asian session

Posted on August 24, 2011 by GCI Financial

Silver prices declined 4.05% 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 42.16 per ounce, 0.09% lower, from 23:00GMT. The first level of short term resistance … Continue reading →

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Gold: Gold falls as investor’s cash in gains, trading higher this morning

Posted on August 24, 2011 by GCI Financial

Gold prices traded lower by 3.64% against the USD in the 24 hour period ending 23:00GMT, at 1,836.61 per ounce, as investors booked profit in anticipation of CME Group raising its margin requirements. Fresh gains in equity markets also took … Continue reading →

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Crude Oil: Oil edges up ahead of inventory data, Libya in focus

Posted on August 23, 2011 by GCI Financial

Oil prices advanced 2.96% against the USD for the 24 hour period ending 23:00GMT, closing at 84.13. At GMT 0300, Oil is trading at USD 84.95 per barrel in the Asian session, 0.97% higher from 23:00GMT, extending gains seen in … Continue reading →

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Silver: Trading lower this morning

Posted on August 23, 2011 by GCI Financial

Silver prices rose 0.76% to USD 43.98 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 43.35 per ounce, 1.43% lower, from 23:00GMT. The first level of short term resistance … Continue reading →

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Gold: Gold vaults to new record high, trading tad below $1900 per ounce this morning

Posted on August 23, 2011 by GCI Financial

Gold prices traded higher by 2.75% against the USD in the 24 hour period ending 23:00GMT, at 1,906.08 per ounce, amid speculation that the US officials’ talks on Friday may hint at more stimulus and amid concerns over the global … Continue reading →

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Crude Oil: Tad lower in Asian session

Posted on August 22, 2011 by GCI Financial

Oil prices advanced 1.48% against the USD, on Friday, for the 24 hour period ending 23:00GMT, closing at 82.74. At GMT 0300, Oil is trading at USD 82.67 per barrel in the Asian session, 0.08% lower from Friday’s close at … Continue reading →

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Silver: Trading higher this morning

Posted on August 22, 2011 by GCI Financial

Silver prices rose 5.59% to USD 42.88 per ounce, on Friday, during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 43.33 per ounce, 1.05% higher, from Friday’s close at 23:00GMT. The first … Continue reading →

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Gold: Yellow metal continues to shine

Posted on August 22, 2011 by GCI Financial

Gold prices traded higher by 1.52% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,851.90 per ounce. In the Asian session at 3:00GMT, gold is trading at USD 1,868.90 per ounce, 0.92% higher from Friday’s … Continue reading →

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