Yesterday, the U.S. Census Bureau reported (opens pdf) on the developments in number of new homes sold in the U.S during November 2012: the number of new homes sales rose compared with the number of new homes sold during October…
Gold and silver continued to slowly change during recent days. The recent attempts of President Obama to reach an agreement with Congress regarding to avoid the fiscal cliff didn’t seem to impress investors of bullion up to now. Will gold…
Many commodities traded with a mixed trend on the first business day after the holiday: the price of Brent oil and WTI oil changed direction and rose; the prices of gold and silver changed remained virtually unchanged on Wednesday; natural…
The prices of gold and silver haven’t performed well in 2012. Moreover, both gold and silver haven’t increased much in the past couple of years. Is it all over for precious metals? Is the global economy doing much better in…
Gold and silver remained virtually unchanged in the Asian markets during yesterday and only slightly declined. As the year is coming closer to its end, the U.S is getting closer reaching the fiscal cliff. The talks on the Hill regarding…
The prices of gold and silver fell during last week. As the year is winding down and the concerns revolving the fiscal cliff might result in a rise in the volatility of precious metals. Furthermore, in the past couple of…
During last week, major energy commodities changed direction and rallied while precious metals continued to trade down. Last week several U.S reports were published: U.S GDP for the third quarter was revised up to a growth rate of 3%; the…
Gold and silver resumed their downward trend and declined during last week. The discussions around the U.S multi-year budget in an attempt to avoid the fiscal cliff may have contributed to the sharp changes in the bullion market. Several U.S…
Many energy commodities traded mostly down on the last business day of the week: the price of Brent oil and WTI oil changed direction and fell– WTI oil increased for five consecutive business days before falling yesterday; the prices of…
The prices of gold and silver tumbled down again for the third consecutive day. The recent U.S reports showed signs of progress. U.S GDP growth rate was revised up to 3.1%; Philly Fed index bounced back in the December survey;…