Gold: Risk appetite curtails gold prices

Posted on March 30, 2011 by GCI Financial

Gold prices traded lower by 0.23% against the USD in the 24 hour period ending 23:00GMT, at 1,417.30 per ounce, as investor’s choose to focus on stronger equities markets. In the Asian session at 3:00GMT, gold is trading at USD … Continue reading →

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Silver: Trading lower this morning

Posted on March 30, 2011 by GCI Financial

Silver prices declined 0.32% to USD 37.02 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 36.94 per ounce, 0.22% lower, from 23:00GMT. The first level of short term resistance … Continue reading →

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Crude Oil: Oil prices climb as Libya uncertainty persists, trading lower this morning

Posted on March 30, 2011 by GCI Financial

Oil prices advanced 0.53% against the USD for the 24 hour period ending 23:00GMT, closing at 104.41, lifted by doubts over the resumption of Libyan crude exports and as US stock market rallied. Late yesterday, the American Petroleum Institute reported … Continue reading →

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Gold: Gold continues to slide on upbeat US economic data, stronger dollar

Posted on March 29, 2011 by GCI Financial

Gold prices traded lower by 0.33% against the USD in the 24 hour period ending 23:00GMT, at 1,420.50 per ounce, weighed by the better-than-expected US economic reports. Stronger dollar also forced gold prices to retreat. In the Asian session at … Continue reading →

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Silver: Trading lower this morning

Posted on March 29, 2011 by GCI Financial

Silver prices rose 0.11% to USD 37.14 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 3:00GMT, silver is trading at USD 36.92 per ounce, 0.59% lower, from 23:00GMT. The first level of short term resistance … Continue reading →

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Crude Oil: Oil prices drops as Libya rebels see oil exports soon, API weekly data awaited

Posted on March 29, 2011 by GCI Financial

Oil prices declined 1.48% against the USD for the 24 hour period ending 23:00GMT, closing at 103.86, after Libyan rebels advanced against Muammar Qaddafi’s troops, bolstering speculation the conflict in Africa’s third-largest crude producer may be resolved soon. Investors await … Continue reading →

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Gold: Yellow metal falls as dollar strengthens

Posted on March 28, 2011 by GCI Financial

Gold prices traded lower by 0.16% against the USD in the 24 hour period ending 23:00GMT, at 1429.20 per ounce, as the dollar strengthened following the positive report on the US economy. In the Asian session at 3:00GMT, gold is … Continue reading →

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Silver: Silver backpedals, as investors book profits

Posted on March 28, 2011 by GCI Financial

Silver prices declined 0.08% to USD 37.32 per ounce during the 24 hours ending 23:00GMT, as investors booked profits. In the Asian session at 3:00GMT, silver is trading at USD 37.17 per ounce, 0.40% lower, from 23:00GMT. The first level … Continue reading →

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Crude Oil: Oil falls as European debt outweighs Mideast unrest

Posted on March 28, 2011 by GCI Financial

Oil prices advanced 0.09% against the USD for the 24 hour period ending 23:00GMT, closing at 105.55, amid concerns over oil supply following the ongoing civil war in Libya and political unrest in Middle East regions. At GMT 0300, Oil … Continue reading →

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Gold: Trading above its alleviated levels

Posted on March 25, 2011 by GCI Financial

Gold prices traded lower by 0.44% against the USD in the 24 hour period ending 23:00GMT, at 1,431.43 per ounce. In the Asian session at 4:00GMT, gold is trading at USD 1,433.13 per ounce, 0.12% higher from 23:00GMT. The pair … Continue reading →

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Silver: Trading higher in Asian session

Posted on March 25, 2011 by GCI Financial

Silver prices traded flat to USD 37.35 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 4:00GMT, silver is trading at USD 37.39 per ounce, 0.11% higher, from 23:00GMT. The first level of short term resistance … Continue reading →

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