Silver: Continues to trade higher

Posted on June 20, 2011 by GCI Financial

Silver prices rose 0.90% to USD 35.86 per ounce, on Friday, during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 35.92 per ounce, 0.17% higher, from Friday’s close at 23:00GMT. The first … Continue reading →

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Crude Oil: Oil Prices held back by Eurozone fears

Posted on June 17, 2011 by GCI Financial

Oil prices declined 0.20% against the USD for the 24 hour period ending 23:00GMT, closing at 95.27, amid uncertainty surrounding the European debt crisis and after report showing a manufacturing slowdown in the Philadelphia area. The IEA, in its monthly … Continue reading →

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Gold: Tad lower this morning

Posted on June 17, 2011 by GCI Financial

Gold prices traded lower by 0.09% against the USD in the 24 hour period ending 23:00GMT, at 1,528.63 per ounce. In the Asian session at 3:00GMT, gold is trading at USD 1,527.18 per ounce, 0.09% lower from 23:00GMT. The pair … Continue reading →

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Silver: Trading lower in the Asian session

Posted on June 17, 2011 by GCI Financial

Silver prices declined 0.41% to USD 35.54 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 35.47 per ounce, 0.20% lower, from 23:00GMT. The first level of short term resistance … Continue reading →

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Crude Oil: Crude oil dropped on demand concerns

Posted on June 16, 2011 by GCI Financial

Oil prices declined 4.09% against the USD for the 24 hour period ending 23:00GMT, closing at 95.46, amid fears that Greece’s debt crisis would reduce the demand. In the US, the Energy Information Administration reported that the domestic crude inventories … Continue reading →

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Gold: Trading lower this morning

Posted on June 16, 2011 by GCI Financial

Gold prices traded higher by 0.28% against the USD in the 24 hour period ending 23:00GMT, at 1,529.98 per ounce, amid signs that Greece’s debt crisis may escalate and fears over a US economic slowdown. In the Asian session at … Continue reading →

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Silver: Trading lower in the Asian session

Posted on June 16, 2011 by GCI Financial

Silver prices rose 0.81% to USD 35.69 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 35.56 per ounce, 0.36% lower, from 23:00GMT. The first level of short term resistance … Continue reading →

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Crude Oil: Trading lower in Asian session

Posted on June 15, 2011 by GCI Financial

Oil prices advanced 2.74% against the USD for the 24 hour period ending 23:00GMT, closing at 99.53. Late yesterday, the American Petroleum Institute reported that crude-oil inventories declined 3 million barrels in the week ended June 10. Gasoline stockpiles rose … Continue reading →

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Silver: Zooming higher

Posted on June 15, 2011 by GCI Financial

Silver prices rose 1.40% to USD 35.40 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 35.60 per ounce, 0.56% higher, from 23:00GMT. The first level of short term resistance … Continue reading →

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Gold: Weak dollar buoys yellow metal, trading flat this morning

Posted on June 15, 2011 by GCI Financial

Gold prices traded higher by 0.57% against the USD in the 24 hour period ending 23:00GMT, at 1,525.65 per ounce, on inflation concerns fuelled by recent strong Chinese economic data, lingering worries over debt problems in Europe and the US … Continue reading →

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Crude Oil: Crude oil trading below its MA’s

Posted on June 14, 2011 by GCI Financial

Oil prices declined 1.95% against the USD for the 24 hour period ending 23:00GMT, closing at 96.88, as investors continued to doubt the global economic recovery, raising speculation that fuel demand may falter. At GMT 0300, Oil is trading at … Continue reading →

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