Crude Oil: Oil prices stable amid ongoing Middle East unrest, trading higher this morning

Posted on March 25, 2011 by GCI Financial

Oil prices advanced 0.02% against the USD for the 24 hour period ending 23:00GMT, closing at 105.46. At GMT 0400, Oil is trading at USD 105.60 per barrel in the Asian session, 0.13% higher from 23:00GMT. The pair has its … Continue reading →

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Gold: Yellow metal advances on Middle East unrest, trading flat in Asian session

Posted on March 24, 2011 by GCI Financial

Gold prices traded higher by 0.68% against the USD in the 24 hour period ending 23:00GMT, at 1,437.80 per ounce, as ongoing concerns in Libya and unrest in other parts of North Africa and the Middle East, supported the prices … Continue reading →

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Silver: Trading lower this morning

Posted on March 24, 2011 by GCI Financial

Silver prices rose 2.81% 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 37.28 per ounce, 0.19% lower, from 23:00GMT. The first level of short term resistance … Continue reading →

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Crude Oil: Trading marginally lower in Asian session

Posted on March 24, 2011 by GCI Financial

Oil prices advanced 0.63% against the USD for the 24 hour period ending 23:00GMT, closing at 105.44, as fight in Libya and antigovernment protests in the Middle East rose supply concerns. The Energy Information Administration reported that inventories of crude … Continue reading →

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Gold: Yellow metal shines amid continued tensions in Libya and Middle East, trading flat this morning

Posted on March 23, 2011 by GCI Financial

Gold prices traded higher by 0.12% against the USD in the 24 hour period ending 23:00GMT, at 1,428.15 per ounce. In the Asian session at 4:00GMT, gold is trading at USD 1,426.88 per ounce, 0.09% lower from 23:00GMT. The pair … Continue reading →

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Silver: Retreats in Asian session

Posted on March 23, 2011 by GCI Financial

Silver prices rose 0.78% to USD 36.33 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 4:00GMT, silver is trading at USD 36.22 per ounce, 0.30% lower, from 23:00GMT. The first level of short term resistance … Continue reading →

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Crude Oil: Rises on MENA unrest, awaits EIA inventory data

Posted on March 23, 2011 by GCI Financial

Oil prices advanced 2.37% against the USD for the 24 hour period ending 23:00GMT, closing at 104.78, as investors monitored developments in the Middle East. The American Petroleum Institute reported that crude oil supplies in the US rose 970,000 barrels … Continue reading →

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Gold: Gold rallies on Middle East unrest, softer dollar

Posted on March 22, 2011 by GCI Financial

Gold prices traded higher by 0.07% against the USD in the 24 hour period ending 23:00GMT, at 1,426.50 per ounce, as conflict in Libya and nuclear crisis in Japan encouraged investors to choose precious metals as investment hedger. In the … Continue reading →

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Silver: Trading higher this morning

Posted on March 22, 2011 by GCI Financial

Silver prices rose 1.12% to USD 36.05 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 4:00GMT, silver is trading at USD 36.20 per ounce, 0.42% higher, from 23:00GMT. The first level of short term resistance … Continue reading →

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Crude Oil: Trading flat this morning

Posted on March 22, 2011 by GCI Financial

Oil prices declined 0.32% against the USD for the 24 hour period ending 23:00GMT, closing at 102.35. Investors await the oil inventory reports later today and tomorrow to offer guidance to oil prices. At GMT 0400, Oil is trading at … Continue reading →

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Gold: Yellow metal continues to shine this morning

Posted on March 21, 2011 by GCI Financial

Gold prices traded higher by 0.85% against the USD on Friday in the 24 hour period ending 23:00GMT, at 1,418.61 per ounce, as global uncertainty continued to unnerve investors. In the Asian session at 4:00GMT, gold is trading at USD … Continue reading →

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