Silver: Silver trading between is MA’s

Posted on July 15, 2011 by GCI Financial

Silver prices declined 0.07% to USD 38.29 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 38.20 per ounce, 0.22% lower, from 23:00GMT. The first level of short term resistance … Continue reading →

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Silver: Silver prices continue to rise in Asian session

Posted on July 14, 2011 by GCI Financial

Silver prices rose 6.07% to USD 38.31 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 38.33 per ounce, 0.05% higher, from 23:00GMT. The first level of short term resistance … Continue reading →

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Crude Oil: Oil continues to trade higher on EIA inventory report

Posted on July 14, 2011 by GCI Financial

Oil prices advanced 1.50% against the USD for the 24 hour period ending 23:00GMT, closing at 98.04, after the report showed that the US crude oil inventories declined more than expected. The Energy Information Administration (EIA) reported that the US … Continue reading →

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Gold: Yellow metal rises, as Bernanke talks QE3

Posted on July 14, 2011 by GCI Financial

Gold prices traded higher by 0.95% against the USD in the 24 hour period ending 23:00GMT, at 1,583.28 per ounce, as the US Federal Reserve’s hints at further economic stimulus and concerns over the European debt, spurred the demand for … Continue reading →

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Gold: Yellow metal surges on European debt concerns, Fed comments, trading lower in the Asian session

Posted on July 13, 2011 by GCI Financial

Gold prices traded higher by 1.03% against the USD in the 24 hour period ending 23:00GMT, at 1,568.35 per ounce, as fears that the European debt crisis would spread across the other Euro-Zone countries, boosted demand for safe-haven assets. Gold … Continue reading →

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Silver: Continues to cement gains

Posted on July 13, 2011 by GCI Financial

Silver prices rose 0.96% to USD 36.12 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 36.18 per ounce, 0.18% higher, from 23:00GMT. The first level of short term resistance … Continue reading →

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Crude Oil: Continues to trade higher in Asian session

Posted on July 13, 2011 by GCI Financial

Oil prices advanced 1.68% against the USD for the 24 hour period ending 23:00GMT, closing at 96.59, amid decline in the dollar. Late Tuesday, the American Petroleum Institute reported that the crude-oil inventories rose by 2.3 million barrels for the … Continue reading →

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Crude Oil: Oil fell on debt concerns, weak China demand

Posted on July 12, 2011 by GCI Financial

Oil prices fell 0.94% against the USD for the 24 hour period ending 23:00GMT, closing at 94.99, amid concerns over weakening demand due to Europe’s mounting debt crisis, while signs of weakening crude-oil demand emerged from China. Data from China … Continue reading →

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Silver

Posted on July 12, 2011 by GCI Financial

Silver prices declined 2.53% to USD35.78 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 35.75 per ounce, 0.06% lower, from 23:00GMT. The first level of short term resistance on … Continue reading →

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Gold: Trading steady this morning

Posted on July 12, 2011 by GCI Financial

Gold prices traded higher by 0.59% against the USD in the 24 hour period ending 23:00GMT, at 1552.38 per ounce, as continuing worries over Europe’s sovereign-debt crisis boosted the demand for the yellow metal. In the Asian session at 3:00GMT, … Continue reading →

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Silver: Trading lower in Asian session

Posted on July 11, 2011 by GCI Financial

Silver prices rose 0.70% to USD 36.71 per ounce, on Friday, during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 36.59 per ounce, 0.34% lower, from 23:00GMT. The first level of short … Continue reading →

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