Crude Oil: Trading lower this morning

Posted on May 3, 2011 by GCI Financial

Oil prices declined 0.15% against the USD for the 24 hour period ending 23:00GMT, closing at 113.02, amid news that Al-Qaeda leader Osama bin Laden was killed in Pakistan and after data indicated that manufacturing in the US cooled in … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Silver continues its northward journey

Posted on May 3, 2011 by GCI Financial

Silver prices rose 3.73% to USD 44.52 per ounce during the 24 hours ending 23:00GMT, recouping a part of its recent losses, which saw it plunge more than 10.0%, following a rise in margins required to hold positions in the … Continue reading →

Posted in Silver | Leave a comment

Gold: Regaining shine in Asian session

Posted on May 3, 2011 by GCI Financial

Gold prices traded lower by 0.76% against the USD in the 24 hour period ending 23:00GMT, at 1,538.00 per ounce. In the Asian session at 3:00GMT, gold is trading at USD 1,541.90 per ounce, 0.25% higher from 23:00GMT. The pair … Continue reading →

Posted in Gold | Leave a comment

Gold: Yellow metal fades, trading lower this morning

Posted on May 2, 2011 by GCI Financial

Gold prices traded higher by 1.76% against the USD in the 24 hour period ending 23:00GMT, at 1562.90 per ounce, as weakness in the dollar and concerns over inflation increased the demand for the precious metal. In the Asian session … Continue reading →

Posted in Gold | Leave a comment

Silver: Silver tumbles in Asian trading after six-week surge

Posted on May 2, 2011 by GCI Financial

Silver prices declined 1.14% to USD47.84 per ounce during the 24 hours ending 23:00GMT, amid profit taking after the white metal prices recorded the highest in 28 years. In the Asian session at 3:00GMT, silver is trading at USD43.37 per … Continue reading →

Posted in Silver | Leave a comment

Crude Oil: Oil prices eases in Asian trade

Posted on May 2, 2011 by GCI Financial

Oil prices advanced 0.93% against the USD for the 24 hour period ending 23:00GMT, closing at 113.85, amid weaker dollar and as investors remained cautious on fuel demand following the ongoing turmoil in North Africa and the Middle East. At … Continue reading →

Posted in Crude Oil | Leave a comment

Crude Oil: Crude oil falls from highest in 31 months on signs of slowing fuel demand

Posted on April 29, 2011 by GCI Financial

Oil prices declined 0.60% against the USD for the 24 hour period ending 23:00GMT, closing at 112.80, on signs the US economy is slowing, signaling fuel demand in the world’s biggest crude-consuming nation may falter. At GMT 0300, Oil is … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Weaker US data pushes silver to new records, trading lower in Asian session

Posted on April 29, 2011 by GCI Financial

Silver prices rose 0.02% to USD 48.39 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 48.36 per ounce, 0.06% lower, from 23:00GMT. The first level of short term resistance … Continue reading →

Posted in Silver | Leave a comment

Gold: Gold rises on US growth concerns, trading lower this morning

Posted on April 29, 2011 by GCI Financial

Gold prices traded higher by 0.48% against the USD in the 24 hour period ending 23:00GMT, at 1,535.90 per ounce, as lackluster US growth and no sign of tighter policy by the Federal Reserve weighed on greenback. In the Asian … Continue reading →

Posted in Gold | Leave a comment

Gold: Gold hits record after Fed says low rates to stay, trading lower this morning

Posted on April 28, 2011 by GCI Financial

Gold prices traded higher by 1.37% against the USD in the 24 hour period ending 23:00GMT, at 1,528.50 per ounce, as the Federal Reserve’s decision to continue to keep its key interest rate at an historic low range fueled concerns … Continue reading →

Posted in Gold | Leave a comment

Silver: White metal soars on Fed comments

Posted on April 28, 2011 by GCI Financial

Silver prices rose 5.96 % to USD 48.38 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 48.42 per ounce, 0.08% higher, from 23:00GMT. The first level of short term … Continue reading →

Posted in Silver | Leave a comment