Silver: White metal zooms ahead

Posted on July 5, 2011 by GCI Financial

Silver prices rose 0.71% to USD 34.14 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 34.21 per ounce, 0.21% higher, from 23:00GMT. The first level of short term resistance … Continue reading →

Posted in Silver | Leave a comment

Gold: Precious metals continues to shine on global cues

Posted on July 5, 2011 by GCI Financial

Gold prices traded higher by 0.48% against the USD in the 24 hour period ending 23:00GMT, at 1,495.30 per ounce, as investors turned cautious again, after ratings agency Standard & Poor’s cautioned that a plan to rollover Greek debt could … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: Investors’ retreat from crude continues

Posted on July 5, 2011 by GCI Financial

Oil prices declined 0.13% against the USD for the 24 hour period ending 23:00GMT, closing at 95.06, amid profit booking. At GMT 0300, Oil is trading at USD 94.71 per barrel in the Asian session, 0.37% lower from 23:00GMT. The … Continue reading →

Posted in Crude Oil | Leave a comment

Crude Oil: Trading above its MA’s

Posted on July 4, 2011 by GCI Financial

Oil prices declined 0.18% against the USD, on Friday, for the 24 hour period ending 23:00GMT, closing at 94.72. At GMT 0300, Oil is trading at USD 95.34 per barrel in the Asian session, 0.65% higher from 23:00GMT. The pair … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Trading higher this morning

Posted on July 4, 2011 by GCI Financial

Silver prices declined 2.65% to USD 33.85 per ounce, on Friday, during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 34.03 per ounce, 0.52% higher, from 23:00GMT. The first level of short … Continue reading →

Posted in Silver | Leave a comment

Gold: Gold declines as fears over Greece recede, trading higher this morning

Posted on July 4, 2011 by GCI Financial

Gold prices traded lower by 1.11% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,485.57 per ounce, as optimism over Greece’s debt situation reduced the appeal for the precious metal. In the Asian session at … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: Continues to remain under pressure on demand concerns

Posted on July 1, 2011 by GCI Financial

Oil prices declined 0.33% against the USD for the 24 hour period ending 23:00GMT, closing at 94.89, as investors booked profits from recent price rises as a result of easing concerns over Greece’s debt crisis and a weaker dollar. At … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Silver continues to traded lower

Posted on July 1, 2011 by GCI Financial

Silver prices declined 0.38% to USD 34.77 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 34.58 per ounce, 0.56% lower, from 23:00GMT. The first level of short term resistance … Continue reading →

Posted in Silver | Leave a comment

Gold: Yellow metal takes a backseat

Posted on July 1, 2011 by GCI Financial

Gold prices traded lower by 0.62% against the USD in the 24 hour period ending 23:00GMT, at 1,502.22 per ounce, as Greece’s drive to stave off the euro area’s first sovereign default curbs demand for the metal as a protection … Continue reading →

Posted in Gold | Leave a comment

Gold: Trading higher

Posted on June 30, 2011 by GCI Financial

Gold prices traded higher by 0.66% against the USD in the 24 hour period ending 23:00GMT, at 1,511.60 per ounce, as the Greece Parliament approval for austerity measures pressurised the greenback, and amid renewed concerns over the delay in hiking … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: Trading lower this morning

Posted on June 30, 2011 by GCI Financial

Oil prices advanced 2.34% against the USD for the 24 hour period ending 23:00GMT, closing at 95.20, after the US inventories declined more than market expectations. The Energy Information Administration reported that the US crude oil inventories decreased by 4.40 … Continue reading →

Posted in Crude Oil | Leave a comment