Gold and silver prices started off the week slightly falling along with other commodities such as oil. The Euro and AUD also traded down against the US dollar. There are still concerns regarding the Greek debt and the recent EU…
During last week, gold and silver prices had one of their best performing weeks in recent time. But currently gold and silver are traded down. Today, the EU Summit will be held; the U.S. Personal Income and Outlays will be…
Crude oil prices slightly rose during last week and thus continued their trend of moderate changes of recent weeks. What should we expect for crude oil prices in February? Let’s examine the oil market the main news items and events…
Gold and silver prices sharply increased for the second straight day after the FOMC announced on Wednesday it will keep the interest rates low until late 2014. Currently, gold and silver are traded with little changes. Today, the U.S. GDP…
Gold and silver prices rallied on Wednesday following the FOMC’s pledge to keep the low interest rates until late 2014. This news also reignited the speculation around whether the Fed will issue another stimulus plan in the near future. Currently,…
Gold and silver prices changed direction and moderately slipped during yesterday’s trading along with other commodities prices such as curd crude oil prices. Currently, gold and silver are traded sharply up. Today, the FOMC statement and rate decision will be…
Gold and silver prices continue their January upward trend. Yesterday other commodities also rallied including oil and gas. Currently, gold and silver are traded with moderate changes. Today, the Euro Area Manufacturing PMI report will be published, the Canadian Retails…
Gold and silver ended the week with moderate gains and thus continued their January rally. Will this rally continue today? Currently, gold and silver are rising. In the meantime, speculators continue to raise their bet on precious metals the most…
Crude oil prices only slightly slipped during last week, which is similar to their slow downward trend in recent weeks. What is up ahead for crude oil prices in the penultimate week of January? Let’s analyze the oil market and…
Gold and silver prices changed direction and after they had risen for two consecutive days, they have moderately decreased in yesterday’s trading. Other commodities also traded down including crude oil (WTI). Yesterday the U.S. initial jobless claims sharply fell by…