Silver: Continues to witness high volatility

Posted on March 4, 2011 by GCI Financial

Silver prices declined 1.07% to USD 34.24 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 4:00GMT, silver is trading at USD 34.40 per ounce, 0.47% higher, from 23:00GMT. The first level of short term resistance … Continue reading →

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Gold: Regaining some losses this morning

Posted on March 4, 2011 by GCI Financial

Gold prices traded lower by 1.33% against the USD in the 24 hour period ending 23:00GMT, at 1,415.51 per ounce, after the ECB President’s statement that euro-zone interest rates could be raised in the next month to curb inflation. In … Continue reading →

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Crude Oil: Continues rising trend

Posted on March 3, 2011 by GCI Financial

Oil prices advanced 2.05% against the USD for the 24 hour period ending 23:00GMT, closing at 102.34. Crude futures closed above $102 a barrel Wednesday, after an unexpected decline in last week’s US oil inventories and continuing political turmoil in … Continue reading →

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Silver: Up after yesterday’s flat close

Posted on March 3, 2011 by GCI Financial

Silver prices traded flat, at USD 34.61 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 4:00GMT, silver is trading at USD 34.69 per ounce, 0.23% higher, from 23:00GMT. The first level of short term resistance … Continue reading →

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Gold: Holding above 1430

Posted on March 3, 2011 by GCI Financial

Gold prices traded higher by 0.20% against the USD in the 24 hour period ending 23:00GMT, at 1,434.60 per ounce. In the Asian session at 4:00GMT, gold is trading at USD 1,433.43 per ounce, 0.08% lower from 23:00GMT. The pair … Continue reading →

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Crude Oil: Trading near 100, as inventories fall

Posted on March 2, 2011 by GCI Financial

Oil prices advanced 3.32% against the USD for the 24 hour period ending 23:00GMT, closing at 100.28. At GMT 0400, Oil is trading at USD 99.99 per barrel in the Asian session, 0.29% lower from 23:00GMT. The pair has its … Continue reading →

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Silver: Marginally lower after yesterday’s sharp rise

Posted on March 2, 2011 by GCI Financial

Silver Movement Silver prices rose 2.67% to USD 34.61 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 4:00GMT, silver is trading at USD 34.54 per ounce, 0.20% lower, from 23:00GMT. The first level of short … Continue reading →

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Gold: Cooling off this morning after yesterday’s surge

Posted on March 2, 2011 by GCI Financial

Gold prices traded higher by 1.43% against the USD in the 24 hour period ending 23:00GMT, at 1,431.79 per ounce. In the Asian session at 4:00GMT, gold is trading at USD 1429.99 per ounce, 0.13% lower from 23:00GMT. The pair … Continue reading →

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Trading higher this morning after yesterday’s fall on Saudi assurance

Posted on March 1, 2011 by GCI Financial

Oil prices declined 1.20% against the USD for the 24 hour period ending 23:00GMT, closing at 97.06. Crude oil declined on Monday after Saudi Arabia’s reassurances of adequate supply calmed fears of disruptions in supplies from Libya. At GMT 0400, … Continue reading →

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Continues to zoom higher

Posted on March 1, 2011 by GCI Financial

Silver prices rose 1.66% to USD 33.71 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, 0.62% higher, from 23:00GMT. The first level of short term resistance … Continue reading →

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Trading stable at over 1400 levels

Posted on March 1, 2011 by GCI Financial

Gold prices traded higher by 0.18% against the USD in the 24 hour period ending 23:00GMT, at 1411.65 per ounce. In the Asian session at 4:00GMT, gold is trading at USD 1,412.70 per ounce, 0.07% higher from 23:00GMT. The pair … Continue reading →

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