Gold: Trading flat this morning

Posted on June 24, 2011 by GCI Financial

Gold prices traded lower by 1.68% against the USD in the 24 hour period ending 23:00GMT, at 1,522.15 per ounce, as the dollar strengthened, curbing demand for the metal as an alternative investment. In the Asian session at 3:00GMT, gold … Continue reading →

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Crude Oil: Oil extended its gains on EIA inventory data

Posted on June 23, 2011 by GCI Financial

Oil prices advanced 0.52% against the USD for the 24 hour period ending 23:00GMT, closing at 94.16, after a report showed decline in the crude oil inventories. In the US, the Energy Information Administration (EIA) reported that commercial crude oil … Continue reading →

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Silver: Continues to trade lower in Asian session

Posted on June 23, 2011 by GCI Financial

Silver prices declined 0.43% to USD 36.28 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, 0.26% lower, from 23:00GMT. The first level of short term resistance … Continue reading →

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Gold: Yellow metal solidifies gains on steady Fed Policy, trading lower this morning

Posted on June 23, 2011 by GCI Financial

Gold prices traded higher by 0.14% against the USD in the 24 hour period ending 23:00GMT, at 1,548.15 per ounce, as the Federal Reserve showed concerns over the US economic growth, and left its monetary policy unchanged. In the Asian … Continue reading →

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Silver: Trading lower in the Asian session

Posted on June 22, 2011 by GCI Financial

Silver prices rose 1.42% to USD 36.43 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 36.35 per ounce, 0.22% lower, from 23:00GMT. The first level of short term resistance … Continue reading →

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Gold: Yellow metal continues its winning run

Posted on June 22, 2011 by GCI Financial

Gold prices traded higher by 0.41% against the USD in the 24 hour period ending 23:00GMT, at 1,546.05 per ounce, as a weaker dollar and continuing concerns over Greece debt crisis, raised appeal for safe-haven assets. In the Asian session … Continue reading →

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Crude Oil: Oil extends gains as dollar weakens

Posted on June 21, 2011 by GCI Financial

Oil prices advanced 0.42% against the USD for the 24 hour period ending 23:00GMT, closing at 93.43, as some relative optimism over Greece’s debt-situation and a weaker dollar helped support prices. Investors continued to monitor the euro-zone’s sovereign-debt situation and … Continue reading →

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Silver: Trading lower this morning

Posted on June 21, 2011 by GCI Financial

Silver prices declined 0.52% to USD 35.92 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 35.86 per ounce, 0.18% lower, from 23:00GMT. The first level of short term resistance … Continue reading →

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Gold: Yellow metal continues to trade flat

Posted on June 21, 2011 by GCI Financial

Gold prices traded higher by 0.02% against the USD in the 24 hour period ending 23:00GMT, at 1,539.75 per ounce. In the Asian session at 3:00GMT, gold is trading at USD 1,540.45 per ounce, 0.05% higher from 23:00GMT. The pair … Continue reading →

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Crude Oil: Oil trading lower in Asian session

Posted on June 20, 2011 by GCI Financial

Oil prices declined 2.33% against the USD, on Friday, for the 24 hour period ending 23:00GMT, closing at 93.05, over speculation that the Greece debt crisis and slowing of global economic recovery would lead to a decline in global oil … Continue reading →

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Gold: Trading flat this morning

Posted on June 20, 2011 by GCI Financial

Gold prices traded higher by 0.63% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,538.25 per ounce. In the Asian session at 3:00GMT, gold is trading at USD 1,537.78 per ounce, 0.03% lower from Friday’s … Continue reading →

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