Crude Oil: Oil climbs, after Fed holds ultra-low rates

Posted on April 28, 2011 by GCI Financial

Oil prices advanced 1.18% against the USD for the 24 hour period ending 23:00GMT, closing at 113.48, after the US Federal Reserve signaled no change in its monetary policy. In the US, the Energy Information Administration reported that the crude … Continue reading →

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Gold: Gold prices trading flat in Asian session

Posted on April 27, 2011 by GCI Financial

Gold prices traded higher by 0.18% against the USD in the 24 hour period ending 23:00GMT, at 1,507.91 per ounce, amid weak dollar. In the Asian session at 3:00GMT, gold is trading at USD 1,507.43 per ounce, 0.03% lower from … Continue reading →

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Silver: White metal trading higher today morning

Posted on April 27, 2011 by GCI Financial

Silver prices declined 1.19% to USD 45.66 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 45.81 per ounce, 0.33% higher, from 23:00GMT. The first level of short term resistance … Continue reading →

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Crude Oil: Crude Oil backpedals in Asian session

Posted on April 27, 2011 by GCI Financial

Oil prices advanced 0.26% against the USD for the 24 hour period ending 23:00GMT, closing at 112.16, as greenback weakened. The American Petroleum Institute reported that the crude oil inventories rose by 4.9 million barrels for the week ended April … Continue reading →

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Gold: Yellow metal trading below $1500

Posted on April 26, 2011 by GCI Financial

Gold traded lower by 0.45% against the USD in the 24 hour period ending 23:00GMT, at 1,505.15 per ounce. In the Asian session at 3:00GMT, gold is trading at USD 1,497.08 per ounce, 0.54% lower from 23:00GMT. The pair is … Continue reading →

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Silver: Silver trading below its short term MA’s

Posted on April 26, 2011 by GCI Financial

Silver prices declined 2.98% to USD 46.21 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 45.33 per ounce, 1.90% lower, from 23:00GMT. The first level of short term resistance … Continue reading →

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Crude Oil: Oil falls on signs of sufficient supplies

Posted on April 26, 2011 by GCI Financial

Oil prices declined 0.71% against the USD for the 24 hour period ending 23:00GMT, closing at 111.87, as speculation that global supplies are sufficient, prompted investors to book profit. Investors await weekly crude oil inventory data to be released by … Continue reading →

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Gold: Setting new record highs

Posted on April 21, 2011 by GCI Financial

Gold prices traded higher by 0.48% against the USD in the 24 hour period ending 23:00GMT, at 1,501.22 per ounce, on weakened dollar and concerns about debt and faster inflation, which encouraged investors for alternative investments. In the Asian session … Continue reading →

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Silver: Continues to shine

Posted on April 21, 2011 by GCI Financial

Silver prices rose 2.93% to USD 45.12 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 45.76 per ounce, 1.42% higher, from 23:00GMT. The first level of short term resistance … Continue reading →

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Crude Oil: Lower inventories boost prices

Posted on April 21, 2011 by GCI Financial
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Gold: Yellow metal continues its upward journey in Asian session

Posted on April 20, 2011 by GCI Financial

Gold prices traded lower by 0.09% against the USD in the 24 hour period ending 23:00GMT, at 1,494.10 per ounce. In the Asian session at 3:00GMT, gold is trading at USD 1,496.92 per ounce, 0.19% higher from 23:00GMT. The pair … Continue reading →

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