Gold: Trading lower this morning

Posted on May 13, 2011 by GCI Financial

Gold prices traded higher by 0.25% against the USD in the 24 hour period ending 23:00GMT, at 1,505.30 per ounce, as dollar weakened. In the Asian session at 3:00GMT, gold is trading at USD 1,503.50 per ounce, 0.12% lower from … Continue reading →

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Gold: Yellow metal regains the shine in Asian session after declining yesterday

Posted on May 12, 2011 by GCI Financial

Gold prices traded lower by 1.06% against the USD in the 24 hour period ending 23:00GMT, at 1,501.50 per ounce, as greenback strengthened. In the Asian session at 3:00GMT, gold is trading at USD 1,505.53 per ounce, 0.27% higher from … Continue reading →

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Silver: Trading higher this morning

Posted on May 12, 2011 by GCI Financial

Silver prices declined 8.63% to USD 35.35 per ounce during the 24 hours ending 23:00GMT, as stronger dollar eroded the appeal of the precious metal as an alternative asset. In the Asian session at 3:00GMT, silver is trading at USD … Continue reading →

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Crude Oil: Crude declines on inventory jump, trading higher this morning

Posted on May 12, 2011 by GCI Financial

Oil prices declined 4.87% against the USD for the 24 hour period ending 23:00GMT, closing at 98.95, after an Energy Department report showed that US supplies surged and fuel demand slipped. The EIA reported that the US crude oil inventories … Continue reading →

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Gold: Yellow metal continues its north-ward journey

Posted on May 11, 2011 by GCI Financial

Gold prices traded higher by 0.55% against the USD in the 24 hour period ending 23:00GMT, at 1,517.63 per ounce, amid unrest in Libya, uncertainty over debt-laden Greece and the rising commodity prices.. In the Asian session at 3:00GMT, gold … Continue reading →

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Silver: Silver continues it rally as buyers return

Posted on May 11, 2011 by GCI Financial

Silver prices rose 2.54% to USD 38.69 per ounce during the 24 hours ending 23:00GMT, amid ongoing sovereign debt concerns in Greece. In the Asian session at 3:00GMT, silver is trading at USD 39.17 per ounce, 1.24% higher, from 23:00GMT. … Continue reading →

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Crude Oil: Trading flat in Asian session

Posted on May 11, 2011 by GCI Financial

Oil prices advanced 2.04% against the USD for the 24 hour period ending 23:00GMT, closing at 104.02, amid concerns that flooding of the Mississippi River would disrupt the fuel output. Late Tuesday, the American Petroleum Institute reported that the crude … Continue reading →

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Gold: Continues to trade higher this morning

Posted on May 10, 2011 by GCI Financial

Gold prices traded higher by 1.09% against the USD in the 24 hour period ending 23:00GMT, at 1,509.28 per ounce. In the Asian session at 3:00GMT, gold is trading at USD 1,510.00 per ounce, 0.05% higher from 23:00GMT. The pair … Continue reading →

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Silver: Silver backpedals in Asian session

Posted on May 10, 2011 by GCI Financial

Silver prices rose 6.28% to USD 37.73 per ounce during the 24 hours ending 23:00GMT, as some weakness in the US dollar and concerns over European debt woes lured investors back to metals. In the Asian session at 3:00GMT, silver … Continue reading →

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Crude Oil: Oil trading lower this morning

Posted on May 10, 2011 by GCI Financial

Oil prices advanced 3.96% against the USD for the 24 hour period ending 23:00GMT, closing at 101.85, on signals that the global economic recovery remains intact. At GMT 0300, Oil is trading at USD 101.01 per barrel in the Asian … Continue reading →

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Gold: Yellow metal continues to shine in Asian session

Posted on May 9, 2011 by GCI Financial

Gold prices traded higher by 1.57% against the USD, on Friday, in the 24 hour period ending 23:00GMT, at 1,495.30 per ounce. In the Asian session at 3:00GMT, gold is trading at USD 1,498.28 per ounce, 0.20% higher from 23:00GMT. … Continue reading →

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