Recouping yesterday’s losses, this morning

Posted on February 17, 2011 by GCI Financial

Silver prices declined 0.15% to USD 30.67 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 4:00GMT, silver is trading at USD 30.72 per ounce, 0.18% higher, from 23:00GMT. The first level of short term resistance … Continue reading →

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Up yesterday on lower than expected EIA inventory rise

Posted on February 17, 2011 by GCI Financial

Oil prices advanced 0.78% against the USD for the 24 hour period ending 23:00GMT, closing at 85.20. At GMT 0400, Oil is trading at USD 85.07 per barrel in the Asian session, 0.15% lower from 23:00GMT. The pair has its … Continue reading →

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Gold advances amid inflation concerns, Mideast worries

Posted on February 16, 2011 by GCI Financial

Gold prices traded higher by 0.70% against the USD in the 24 hour period ending 23:00GMT, at 1,372.20 per ounce. Inflation worries assisted the precious metal prices higher on Tuesday in the New York session. In other news, protests for … Continue reading →

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Continues its rising trend; trading flat this morning

Posted on February 16, 2011 by GCI Financial

Silver prices rose 0.63% to USD 30.75 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 4:00GMT, silver is trading at USD 30.73 per ounce, 0.05% lower, from 23:00GMT. The first level of short term resistance … Continue reading →

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Trading marginally higher this morning

Posted on February 16, 2011 by GCI Financial

Oil prices declined 0.44% against the USD for the 24 hour period ending 23:00GMT, closing at 84.51. At GMT 0400, Oil is trading at USD 84.61 per barrel in the Asian session, 0.12% higher from 23:00GMT. The pair has its … Continue reading →

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Inventory data awaited later today

Posted on February 15, 2011 by GCI Financial

Oil prices declined 0.67% against the USD for the 24 hour period ending 23:00GMT, closing at 84.93. At GMT 0400, Oil is trading at USD 85.19 per barrel in the Asian session, 0.31% higher from 23:00GMT. The pair has its … Continue reading →

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Zooms higher

Posted on February 15, 2011 by GCI Financial

Silver prices rose 2.78% to USD 30.65 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 4:00GMT, silver is trading at USD 30.59 per ounce, 0.21% lower, from 23:00GMT. The first level of short term resistance … Continue reading →

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Gains on concerns over Chinese inflation

Posted on February 15, 2011 by GCI Financial

Gold prices traded higher by 0.34% against the USD in the 24 hour period ending 23:00GMT, at 1,361.60 per ounce. In the Asian session at 4:00GMT, gold is trading at USD 1364.15 per ounce, 0.19% higher from 23:00GMT. The pair … Continue reading →

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Drifts lower on abating worries over Egypt

Posted on February 14, 2011 by GCI Financial

Gold prices traded lower by 0.47% against the USD in the 24 hour period ending 23:00GMT on Friday, at 1,357.15 per ounce. In the Asian session at 4:00GMT, gold is trading at USD 1,357.93 per ounce, 0.06% higher from 23:00GMT. … Continue reading →

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Stronger dollar cools white metal in overnight trade

Posted on February 14, 2011 by GCI Financial

Silver prices declined 0.89% to USD 29.93 per ounce during the 24 hours ending 23:00GMT on Friday. In the Asian session at 4:00GMT, silver is trading at USD 29.89 per ounce, 0.12% higher, from 23:00GMT. The first level of short … Continue reading →

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Trends lower after Mubarak resigns

Posted on February 14, 2011 by GCI Financial

Oil prices declined 2.07% against the USD for the 24 hour period ending 23:00GMT on Friday, closing at 85.78, after the Egyptian President, Hosni Mubarak, resigned and handed power to the military, easing concerns over the disruption of crude-oil supplies … Continue reading →

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