Following the rally of precious metals’ prices in the past couple of weeks along with other commodities prices including crude oil prices, this week brings many news items on the agenda that could affect this upward trend including: China’s GDP…
Crude oil prices changed direction from an upward trend during the first week of 2012 to a decline during the second week of January. The speculation around the Euro Area’s economic stability may have adversely affected commodities prices. The January…
Gold and silver changed direction and traded down along with the rest of the market following the announcement that S&P will cut the credit rating of France and Austria from AAA to AA+. The other leading rating agencies left these…
Gold and silver continued their upward trend and moderately rose in Thursday’s trading; on the other hand, major energy commodities were traded down: crude oil prices declined, and natural gas price continued to sharply decrease. Major currencies appreciated against the…
Retails and foods services sales slightly increased again in December compared with November 2011’s sales, and were also above the sales at December 2010. The U.S. Department of Commerce issued its monthly report on the change in the U.S. retail…
Gold and silver prices continued to rise even though other commodities prices declined in yesterday’s trading: crude oil prices changed direction and moderately declined, and natural gas price took a dive and precipitately decreased. Major currencies such as Euro and…
As expected the European Central Bank kept the basic interest rate at 1.00% after ECB had cut the rate in twice in the past couple of months. President of ECB, Mario Draghi continues to call for structural reforms in EU…
In this week’s Energy Information Administration petroleum report crude oil stockpiles sharply increased last week by 9.4 million barrels; crude oil prices continue to rise. Here is a weekly review for the week ends on January 6th of the U.S. oil…
Gold and silver bounced back and sharply rose yesterday after gold price had started the week with a moderate fall; crude oil prices also rallied and slightly rose; natural gas continued to trade up on Tuesday. Major currencies such as…
Gold price continued its downward trend from Friday and declined on the first day of the week, while silver priced moderately rose ; crude oil prices also slipped yesterday; on the other hand natural gas spot price rallied on Monday.…