Gold and silver prices changed direction again and edged down on the last day of the month. The U.S GDP for Q1 2012 was revised down to 1.9%; U.S jobless claims rose last week. On today’s agenda: GB Manufacturing PMI,…
Gold and silver prices changed direction and bounced back during yesterday’s trading. On the other hand many other commodities such as crude oil and currencies including Euro and Aussie dollar tumbled down. The European debt crisis continues to weaken the…
Gold and silver prices resumed their downward trend and declined during yesterday’s trading. The disappointing U.S consumer confidence report didn’t seem to curb the decline in bullion rates but may have adversely affected energy commodities prices. Currently precious metals prices…
Gold and silver prices increased again on Friday, and also edged up during yesterday’s trading in Asia. Will this positive trend continue in today’s trading? Currently precious metals prices are rising. On today’s agenda: U.S consumer confidence report and Australia’s…
Gold and silver prices rose again on Friday, but will this rally continue this week? The main publications will be released later this week including the U.S GDP, manufacturing PMI and non-farm payroll reports. Currently precious metals prices are increasing.…
Gold and silver prices bounced back from their tumble in recent days. Other commodities including oil also rallied during Thursday’s trading. U.S jobless claims nearly didn’t change and core durable goods report presented a mixed trend and little movement. The…
Gold and silver prices tumbled down again along with other commodities. The Euro/USD reached yesterday its lowest level in nearly two years. The speculation around the future of Greece in the EU is likely to be among the factors dragging…
Gold and silver prices continued their downward trend as the Euro and other currencies also tumbled down. The U.S existing home sales rose in April. European Leaders will convene today in order to talk about the EU debt crisis; they…
Gold and silver prices change direction and declined again after they have both spiked in the last two days of last week. On today’s agenda: U.S. Existing Home Sales (update: Housing sales rose in April), BOJ Rate Decision, Great Britain…
Gold and silver prices continued their rally on Friday and thus completed a two day recovery after both metals had declined during most of the month so far. On today’s agenda: FOMC Member Lockhart Speaks. Currently precious metals prices are…