Silver: Trading higher in Asian session

Posted on March 21, 2011 by GCI Financial

Silver prices rose 2.12% to USD 35.24 per ounce on Friday during the 24 hours ending 23:00GMT. In the Asian session at 4:00GMT, silver is trading at USD 35.82 per ounce, 1.65% higher, from 23:00GMT. The first level of short … Continue reading →

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Crude oil: Oil rises as allied forces strike Libya, turmoil escalates in Middle East

Posted on March 21, 2011 by GCI Financial

Oil prices declined 1.79% against the USD on Friday for the 24 hour period ending 23:00GMT, closing at 101.52, after Libya’s foreign minister stated that the country would abide by the UN Security Council resolution and impose an immediate cease … Continue reading →

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Gold: Continues to shine this morning

Posted on March 18, 2011 by GCI Financial

Gold prices traded higher by 1.06% against the USD in the 24 hour period ending 23:00GMT, at 1,406.65 per ounce, as increasing unrest in northern Africa and the Middle East spurred demand for the precious metal. Gains in the yellow … Continue reading →

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Silver: Trading above its MA’s

Posted on March 18, 2011 by GCI Financial

Silver prices rose 1.86% to USD 34.51 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 4:00GMT, silver is trading at USD 34.86 per ounce, 1.01% higher, from 23:00GMT. The first level of short term resistance … Continue reading →

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Crude oil: Crude rises on UN authorization of Libya air strikes

Posted on March 18, 2011 by GCI Financial

Oil prices advanced 6.61% against the USD for the 24 hour period ending 23:00GMT, closing at 103.37, after the United Nations Security Council authorized military strikes on Libya, and as US and European officials stated that the air attacks against … Continue reading →

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Gold: Trading flat this morning

Posted on March 17, 2011 by GCI Financial

Gold prices traded lower by 0.13% against the USD in the 24 hour period ending 23:00GMT, at 1,391.85 per ounce. In the Asian session at 4:00GMT, gold is trading at USD 1392.53 per ounce, 0.05% higher from 23:00GMT. The pair … Continue reading →

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Silver: Trading higher in Asian session

Posted on March 17, 2011 by GCI Financial

Silver prices declined 0.65% to USD 33.88 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 4:00GMT, silver is trading at USD 33.92 per ounce, 0.12% higher, from 23:00GMT. The first level of short term resistance … Continue reading →

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Crude oil: Crude recovers losses in Asian session, as Japan aims to restore power to reactors

Posted on March 17, 2011 by GCI Financial

Oil prices declined 0.70% against the USD for the 24 hour period ending 23:00GMT, closing at 96.96. In the US, Energy Information Administration (EIA) reported that, crude oil inventories rose by 1.7 million barrels in the week ending on March … Continue reading →

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Gold: Japan fears pressure gold prices; trading higher in Asian session

Posted on March 16, 2011 by GCI Financial

Gold prices traded lower by 2.27% against the USD in the 24 hour period ending 23:00GMT, at 1,393.65 per ounce. In the Asian session at 4:00GMT, gold is trading at USD 1,396.48 per ounce, 0.20% higher from 23:00GMT. The pair … Continue reading →

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Silver: Continue to trade lower this morning

Posted on March 16, 2011 by GCI Financial

Silver prices declined 4.75% to USD 34.10 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 4:00GMT, silver is trading at USD 34.03 per ounce, 0.21% lower from 23:00GMT. The first level of short term resistance … Continue reading →

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Crude oil: Crude continue to plunge on Japan’s nuclear crises

Posted on March 16, 2011 by GCI Financial

Oil prices declined 3.70% against the USD for the 24 hour period ending 23:00GMT, closing at 97.64. In the US, API stated that crude-oil supplies rose by 91,000 barrels in the week ended March 11, less than market expectations. The … Continue reading →

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