Gold: Yellow metal continue to rise in Asian session

Posted on April 14, 2011 by GCI Financial

Gold prices traded higher by 0.27% against the USD in the 24 hour period ending 23:00GMT, at 1,456.28 per ounce, as decline in prices over the past two trading sessions lured buyers. In the Asian session at 3:00GMT, gold is … Continue reading →

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Silver: Silver rebounds from sell-off

Posted on April 14, 2011 by GCI Financial

Silver prices rose 1.15% to USD 40.54 per ounce during the 24 hours ending 23:00GMT, regaining some momentum on strong physical buying, as investors took advantage of recent selloffs. In the Asian session at 3:00GMT, silver is trading at USD … Continue reading →

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Crude Oil: Crude oil advances as US gasoline inventories drop the most in 12 years

Posted on April 14, 2011 by GCI Financial

Oil prices advanced 1.30% against the USD for the 24 hour period ending 23:00GMT, closing at 107.34, as investors focused on upbeat US economic data and a sharp drop in gasoline inventories. The Energy Information Administration reported that US supplies … Continue reading →

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Gold: Yellow metal falls as investors took profits, trading higher in Asian session

Posted on April 13, 2011 by GCI Financial

Gold prices traded lower by 0.71% against the USD in the 24 hour period ending 23:00GMT, at 1,452.40 per ounce. In the Asian session at 3:00GMT, gold is trading at USD 1,454.84 per ounce, 0.17% higher from 23:00GMT. The pair … Continue reading →

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Silver: Continues to trade steady at elevated levels

Posted on April 13, 2011 by GCI Financial

Silver prices declined 0.55% to USD 40.08 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 40.15 per ounce, 0.17% higher, from 23:00GMT. The first level of short term resistance … Continue reading →

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Crude Oil: Oil slumps on growth concerns, trading higher in Asian session

Posted on April 13, 2011 by GCI Financial

Oil prices declined 2.78% against the USD for the 24 hour period ending 23:00GMT, closing at 105.96. In the US, the American Petroleum Institute reported that the domestic crude inventories rose by 1.2 million barrels last week. Gasoline stocks fell … Continue reading →

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Gold: Gold prices took a breather, trading lower in Asian session

Posted on April 12, 2011 by GCI Financial

Gold prices traded lower by 0.76% against the USD in the 24 hour period ending 23:00GMT, at 1,462.77 per ounce, as investors booked profit, following its rally to a record and after the African Union stated that Libyan leader Muammar … Continue reading →

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Silver: Silver backpedals after a string of record highs last week and as the dollar gained strength

Posted on April 12, 2011 by GCI Financial

Silver prices declined 1.68% to USD 40.30 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 40.10 per ounce, 0.50% lower, from 23:00GMT. The first level of short term resistance … Continue reading →

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Crude Oil: Crude eases as AU seeks to broker Libya ceasefire

Posted on April 12, 2011 by GCI Financial

Oil prices declined 3.67% against the USD for the 24 hour period ending 23:00GMT, closing at 108.99, an African Union delegation arrived in Libya to broker a ceasefire between Muammar Gaddafi and rebel forces, increasing the chances that Libyan crude … Continue reading →

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Gold: Economic, political worry fuel gold rally, trading flat this morning

Posted on April 11, 2011 by GCI Financial

Gold prices traded higher by 1.11% against the USD, on Friday in the 24 hour period ending 23:00GMT, at 1,474.10 per ounce, amid tensions over the US fiscal policy, continued euro-zone debt jitters and soaring inflation. Fretting about the divisions … Continue reading →

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Silver: White metal tops $41 per ounce on inflation concerns

Posted on April 11, 2011 by GCI Financial

Silver prices rose 3.44% to USD 40.90 per ounce, on Friday during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 41.46 per ounce, 1.37% higher, from 23:00GMT. The first level of short … Continue reading →

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