Gold price continued its upward trend and moderately increased yesterday, while silver changed direction and was traded down. Currently gold and silver prices are increasing. The recent manufacturing PMI reports showed that EU and China’s manufacturing might have shrunk during February.…
Gold and silver prices started off the week with very sharp gains. Yesterday’s gains were the sharpest this month (so far), which only goes to show how February is much less volatile than January. Currently gold and silver prices are…
Yesterday, the U.S markets were closed due to President’s Day so there weren’t any updates on gold and silver prices. Earlier today, The EU ministers of finance approved the €130 billion bailout package for Greece. The Euro ended up yesterday…
Gold and silver prices ended the week with little changes as they only slightly declined on Friday. The U.S. CPI rose by 0.2% during January according to a recent report which was published on Friday. Yet this news didn’t cause…
Crude oil prices continued their rally and increased during the week as they have done during most of 2012. The premium of Brent oil over WTI is still around the $18 mark, as the tensions between Iran and Europe remains…
Gold and silver prices didn’t move much during yesterday’s trading. The U.S. reports that were published yesterday including Philly Fed survey, U.S. unemployment claims, housing starts and U.S. PPI indicated the U.S economy has slightly improved during January. This improvement…
Gold and silver prices continue to shift from gains to losses on daily basis. Yesterday precious metals prices ended slightly above Tuesday’s price levels. Currently gold and silver prices are falling.EU GDP for the Q4 2011 declined by 0.3%. This…
Gold and silver prices continue to dwindle as they have finished yesterday’s trading with moderate falls. Its still seems that Greece will have to pass additional budget cuts before it will receive the second bailout package. This news might affect…
Precious metals prices started off the week with slight changes as gold price moderately declined and silver slightly rose. Following the approval of the austerity plan by the Greek parliament, the riots in Greece continue and raise the question whether…
Precious metals prices ended the week falling after they had changed directions during last week. It was reported today that Hedge funds raised their bets on commodities in anticipation of rising commodities prices due to expected growth of the U.S.…