Silver: Advances in Asian session

Posted on June 14, 2011 by GCI Financial

Silver prices declined 2.57% to USD 34.91 per ounce during the 24 hours ending 23:00GMT, as concerns over an economic slowdown in China and the absence of several major European markets, including Germany, France, Switzerland and Spain due to holiday, … Continue reading →

Posted in Silver | Leave a comment

Gold: Trading higher this morning

Posted on June 14, 2011 by GCI Financial

Gold prices traded lower by 0.78% against the USD in the 24 hour period ending 23:00GMT, at 1,517.01 per ounce, on heightened investors’ concerns over uncertain markets and a weaker US dollar. In the Asian session at 3:00GMT, gold is … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: Crude Oil declined on Friday over Saudi Arabia’s plan to increase production

Posted on June 13, 2011 by GCI Financial

Oil prices declined 2.75% against the USD, on Friday, for the 24 hour period ending 23:00GMT, closing at 98.93, as a Saudi newspaper reported that Saudi oil officials had decided to increase production to 10 million barrels a day in … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Trading below its MA’s

Posted on June 13, 2011 by GCI Financial

Silver prices declined 4.01% to USD 36.11 per ounce, on Friday, during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 36.14 per ounce, 0.08% higher, from Friday’s close at 23:00GMT. The first … Continue reading →

Posted in Silver | Leave a comment

Gold: Trading steady this morning

Posted on June 13, 2011 by GCI Financial

Gold prices traded lower by 0.74% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,531.50 per ounce, as the greenback strengthened. In the Asian session at 3:00GMT, gold is trading at USD 1,531.60 per ounce, … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: Crude oil extends gains

Posted on June 10, 2011 by GCI Financial

Oil prices advanced 0.63% against the USD for the 24 hour period ending 23:00GMT, closing at 101.73, as OPEC on Wednesday decided to keep oil supplies unchanged. Further, oil climbed after the US trade deficit unexpectedly narrowed in April. At … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Trading lower this morning, after a surge yesterday

Posted on June 10, 2011 by GCI Financial

Silver prices rose 2.34% to USD 37.62 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 37.58 per ounce, 0.11% lower, from 23:00GMT. The first level of short term resistance … Continue reading →

Posted in Silver | Leave a comment

Gold: Gold rises on ECB’s interest rate cues

Posted on June 10, 2011 by GCI Financial

Gold prices traded higher by 0.48% against the USD in the 24 hour period ending 23:00GMT, at 1,542.90 per ounce, after the European Central Bank kept its interest rate unchanged but signaled a rate hike may be forthcoming next month. … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: Oil gains after OPEC keeps production unchanged

Posted on June 9, 2011 by GCI Financial

Oil prices advanced 1.41% against the USD for the 24 hour period ending 23:00GMT, closing at 101.09, as OPEC failed to reach an agreement on production targets and as US crude inventories declined more than expected. In the US, the … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: White metal continues its southward journey

Posted on June 9, 2011 by GCI Financial

Silver prices declined 0.97% to USD 36.76 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 36.73 per ounce, 0.08% lower, from 23:00GMT. The first level of short term resistance … Continue reading →

Posted in Silver | Leave a comment

Gold: Gold slipped yesterday on strong US dollar

Posted on June 9, 2011 by GCI Financial

Gold prices traded lower by 0.66% against the USD in the 24 hour period ending 23:00GMT, at 1,535.50 per ounce, as the dollar strengthened. In the Asian session at 3:00GMT, gold is trading at USD 1,536.00 per ounce, 0.03% higher … Continue reading →

Posted in Gold | Leave a comment