Gold and silver continued their downward trend throughout most of last week. The FOMC decided to purchase treasury securities at a pace of $45 billion per month starting January 2013 (in addition to purchasing mortgage backed securities at a pace…
The prices of gold and silver continued their downward trend throughout most of last week. The concerns regarding the fiscal cliff is among the reasons the FOMC decided to expand QE3 by purchasing long term treasuries securities at a pace…
During last week, major commodities continued their downward trend including oil, natural gas, silver and gold. The recent decision of the FOMC to expand QE3 by purchasing $45 billion of long term treasuries on a monthly basis starting January 2013…
Gold and silver rose on the day the FOMC announced it will expand its QE3 program, but the next day tumbled down. This might suggest some bullion investors used this recent announcement of the FOMC to close their position on…
Many commodities prices remained nearly unchanged on the last business day of the week: WTI and Brent oil prices bounced back on yesterday; the prices of gold and silver remained virtually unchanged on Friday; natural gas Henry Hub future (short…
The Bureau of Labor Statistics published its recent report of the U.S CPI for November 2012. According to the recent report, the consumer price index declined by 0.3% after it had increased by 0.1% in the previous month; in annual…
The prices of gold and silver changed direction again and this time tumbled down. It seems the recent FOMC decision didn’t help rally precious metals prices. Yesterday, several U.S reports came out: retail sales rose by 0.3% during November; the…
According to the recent producer price index monthly report, which was published yesterday, the PPI for finished goods fell again by 0.8% in November compared with October’s index. This report serves as an indicator for the developments in the U.S…
Many commodities prices changed direction and fell on the fourth business day of the week: WTI and Brent oil prices decreased yesterday; the prices of gold and silver also fell on Thursday; natural gas Henry Hub future (short term delivery)…
The prices of gold and silver bounced back and rose yesterday following the recent FOMC decision to expand QE3 as the Fed will start purchasing long term treasuries at a pace of $45 billion per month. This purchase program is…