Crude Oil: Oil climbs as US reaches debt agreement

Posted on August 1, 2011 by GCI Financial

Oil prices declined 1.27% against the USD, on Friday, for the 24 hour period ending 23:00GMT, closing at 95.85, after report showed that the US economy grew less than expected in the second quarter. At GMT 0300, Oil is trading … Continue reading →

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Silver: Recouping yesterday’s losses, this morning

Posted on July 29, 2011 by GCI Financial

Silver prices declined 1.12% to USD 39.74 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 39.81 per ounce, 0.16% higher, from 23:00GMT. The first level of short term resistance … Continue reading →

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Crude Oil: Trading below its MA’s

Posted on July 29, 2011 by GCI Financial

Oil prices declined 0.19% against the USD for the 24 hour period ending 23:00GMT, closing at 97.08. At GMT 0300, Oil is trading at USD 97.03 per barrel in the Asian session, marginally lower from 23:00GMT. The pair has its … Continue reading →

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Gold: Shining again

Posted on July 29, 2011 by GCI Financial

Gold prices traded higher by 0.17% against the USD in the 24 hour period ending 23:00GMT, at 1,615.75 per ounce. In the Asian session at 3:00GMT, gold is trading at USD 1,617.55 per ounce, 0.11% higher from 23:00GMT. The pair … Continue reading →

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Crude Oil: Prices take a breather, trading flat this morning

Posted on July 28, 2011 by GCI Financial

Oil prices declined 1.95% against the USD for the 24 hour period ending 23:00GMT, closing at 97.26, after the report showed an increase in crude oil inventories. In the US, the Energy Information Administration reported that oil inventories rose 2.3 … Continue reading →

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Silver: Marginally higher in Asian session

Posted on July 28, 2011 by GCI Financial

Silver prices declined 1.52% to USD 40.19 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 40.20 per ounce, marginally higher, from 23:00GMT. The first level of short term resistance … Continue reading →

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Gold: Gold levels off from record highs, trading flat this morning

Posted on July 28, 2011 by GCI Financial

Gold prices traded lower by 0.36% against the USD in the 24 hour period ending 23:00GMT, at 1,612.99 per ounce, on profit booking. In the Asian session at 3:00GMT, gold is trading at USD 1,612.99 per ounce, flat from 23:00GMT. … Continue reading →

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Silver: Trading higher this morning

Posted on July 27, 2011 by GCI Financial

Silver prices rose 1.06% to USD 40.81 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 40.83 per ounce, marginally higher, from 23:00GMT. The first level of short term resistance … Continue reading →

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Gold: Yellow metal continues to climb on US debt concern

Posted on July 27, 2011 by GCI Financial

Gold prices traded higher by 0.31% against the USD in the 24 hour period ending 23:00GMT, at 1,618.80 per ounce, as the prolonged concerns over US debt ceiling spurred demand for safe-haven assets. In the Asian session at 3:00GMT, gold … Continue reading →

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Crude Oil: Crude oil prices rose on weaker dollar, trading flat this morning

Posted on July 27, 2011 by GCI Financial

Oil prices advanced 0.08% against the USD for the 24 hour period ending 23:00GMT, closing at 99.19. Late Tuesday, the American Petroleum Institute reported that the crude-oil inventories rose 3.96 million barrels on the week ended July 22. Gasoline stockpiles … Continue reading →

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Silver: Trading lower this morning

Posted on July 26, 2011 by GCI Financial

Silver prices declined 0.22% to USD 40.38 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 40.34 per ounce, 0.10% lower, from 23:00GMT. The first level of short term resistance … Continue reading →

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