Silver: Continues to trade higher in Asian session

Posted on May 30, 2011 by GCI Financial

Silver prices rose 1.23% to USD 37.97, on Friday, per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 38.21 per ounce, 0.63% higher, from 23:00GMT. The first level of short … Continue reading →

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Gold: Sovereign debt worries lifts Gold higher, trading flat this morning

Posted on May 30, 2011 by GCI Financial

Gold prices traded higher by 0.78% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,536.00 per ounce, supported by a weaker dollar and worries over the ability of the European Union to manage member states’ … Continue reading →

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Crude Oil: Crude oil holds above $100 per barrel

Posted on May 27, 2011 by GCI Financial

Oil prices declined 1.34% against the USD for the 24 hour period ending 23:00GMT, closing at 100.12, on less than expected US economic growth which raised concerns about oil demand. At GMT 0300, Oil is trading at USD 100.63 per … Continue reading →

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Silver: Trading higher this morning

Posted on May 27, 2011 by GCI Financial

Silver prices declined 1.09% to USD 37.34 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 37.80 per ounce, 1.23% higher, from 23:00GMT. The first level of short term resistance … Continue reading →

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Gold: Gold ends four-day rally on profit-taking, trading higher in Asian session

Posted on May 27, 2011 by GCI Financial

Gold prices traded lower by 0.31% against the USD in the 24 hour period ending 23:00GMT, at 1,521.43 per ounce, amid profit booking. In the Asian session at 3:00GMT, gold is trading at USD 1,524.88 per ounce, 0.23% higher from … Continue reading →

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Crude Oil: Oil regains $100 per barrel levels as greenback loses steam

Posted on May 26, 2011 by GCI Financial

Oil prices advanced 2.24% against the USD for the 24 hour period ending 23:00GMT, closing at 101.48, as dollar weakened and after the release of latest inventory report from Department of Energy. The Energy Information Administration reported that the domestic … Continue reading →

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Silver: Zooms higher

Posted on May 26, 2011 by GCI Financial

Silver prices rose 2.96% to USD 37.75 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 38.19 per ounce, 1.17% higher, from 23:00GMT. The first level of short term resistance … Continue reading →

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Gold: Yellow metal trading above $1525

Posted on May 26, 2011 by GCI Financial

Gold prices traded higher by 0.13% against the USD in the 24 hour period ending 23:00GMT, at 1,526.20 per ounce, benefitted from ongoing concerns over Greece’s debt and its implications for the euro zone. In the Asian session at 3:00GMT, … Continue reading →

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Crude Oil: Oil declines, after API reported surging gasoline supplies

Posted on May 25, 2011 by GCI Financial

Oil prices advanced 2.38% against the USD for the 24 hour period ending 23:00GMT, closing at 99.26, as Goldman Sachs Group Inc. and Morgan Stanley increased their price forecasts on crude oil on expectations of good demand. In the US, … Continue reading →

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Silver: Trading lower in Asian session

Posted on May 25, 2011 by GCI Financial

Silver prices rose 4.73% to USD 36.67 per ounce during the 24 hours ending 23:00GMT, as Euro zone debt concerns helped the white metal rebound. In the Asian session at 3:00GMT, silver is trading at USD 36.59 per ounce, 0.22% … Continue reading →

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Gold: Yellow metal shines on weak dollar, Europe jitters

Posted on May 25, 2011 by GCI Financial

Gold prices traded higher by 0.60% against the USD in the 24 hour period ending 23:00GMT, at 1,524.22 per ounce, on weakened US dollar and as continued debt concerns in the Euro zone spurred investors towards safe haven assets. In … Continue reading →

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