Silver: Silver captures new peak on global cues

Posted on April 20, 2011 by GCI Financial

Silver prices rose 1.20% to USD 43.83 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 44.22 per ounce, 0.89% higher, from 23:00GMT. The first level of short term resistance … Continue reading →

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Crude Oil: Oil rebounds on weaker dollar

Posted on April 20, 2011 by GCI Financial

Oil prices advanced 0.72% against the USD for the 24 hour period ending 23:00GMT, closing at 108.15, as dollar weakened. In the US, the American Petroleum Institute reported that the crude oil inventories rose by 667,000 barrels last week to … Continue reading →

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Gold: Yellow metal shines after S&P move, trading lower this morning

Posted on April 19, 2011 by GCI Financial

Gold prices traded higher by 0.73% against the USD in the 24 hour period ending 23:00GMT, at 1,495.40 per ounce, after Standard & Poor’s revised its outlook for US debt to ‘Negative’ from ‘Stable’. In the Asian session at 3:00GMT, … Continue reading →

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Silver: Trading lower this morning

Posted on April 19, 2011 by GCI Financial

Silver prices rose 0.58% to USD 43.31 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 42.91 per ounce, 0.92% lower, from 23:00GMT. The first level of short term resistance … Continue reading →

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Crude Oil: Crude down on US credit outlook, Saudi move

Posted on April 19, 2011 by GCI Financial

Oil prices declined 1.66% against the USD for the 24 hour period ending 23:00GMT, closing at 107.38, amid a broad selloff, as Standard & Poor’s revised its long-term credit outlook for the United States to ‘Negative’ and Saudi Arabia trimmed … Continue reading →

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Gold: Gold climbs on concern global inflation accelerating

Posted on April 18, 2011 by GCI Financial

Gold prices traded higher by 0.52% against the USD, on Friday in the 24 hour period ending 23:00GMT, at 1,484.50 per ounce, as mounting inflation around the globe and Europe’s sovereign-debt crisis prompted investors to buy the precious metals. In … Continue reading →

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Silver: Continues to traded higher in Asian session

Posted on April 18, 2011 by GCI Financial

Silver prices rose 1.89% to USD 43.06 per ounce, on Friday during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 43.27 per ounce, 0.49% higher, from 23:00GMT. The first level of short … Continue reading →

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Crude Oil: Trading flat this morning, even as Saudis cut output

Posted on April 18, 2011 by GCI Financial

Oil prices advanced 0.60% against the USD, on Friday for the 24 hour period ending 23:00GMT, closing at 109.19, after gaining support from the US macroeconomic data. On Sunday, Saudi Arabia’s oil minister reportedly stated that the nation cut its … Continue reading →

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Gold: Gold rebounds as Dollar retreats, trading lower this morning

Posted on April 15, 2011 by GCI Financial

Gold prices traded higher by 1.41% against the USD in the 24 hour period ending 23:00GMT, at 1,476.80 per ounce, as US dollar weakened. In the Asian session at 3:00GMT, gold is trading at USD 1,475.28 per ounce, 0.10% lower … Continue reading →

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Silver: Trading above $42 per ounce in Asian session

Posted on April 15, 2011 by GCI Financial

Silver prices rose 4.24% to USD 42.26 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 42.25 per ounce, 0.02% lower, from 23:00GMT. The first level of short term resistance … Continue reading →

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Crude Oil: Crude oil pushes past $108 per barrel

Posted on April 15, 2011 by GCI Financial

Oil prices advanced 1.12% against the USD for the 24 hour period ending 23:00GMT, closing at 108.54, as the dollar fell and events in Libya caused fears over supply. At GMT 0300, Oil is trading at USD 108.15 per barrel … Continue reading →

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