Retails and foods services sales changed direction from the previous month and slightly rose by 0.3% in November 2012 compared with October’s sales and were also above the sales at November 2011. The U.S. Department of Commerce (pdf file) published…
Many commodities prices rose on the third business day of the week following the recent FOMC decision to expand QE3 and purchase long term treasuries at a rate of $45 billion per month: WTI and Brent oil prices increased again…
The prices of gold and silver changed direction and declined yesterday despite the depreciation of the USD against major currencies including the Euro and Aussie dollar. The low volatility in the precious metals continued but might start to rise in…
The FOMC concluded its last meeting this year and as the market had anticipated, the Fed announced it will expand QE3 that will include in addition to the Fed purchasing mortgage-backed securities at a pace of $40 billion per month;…
Many commodities prices moved in a mixed trend on the second business day of the week as many commodities investors are plausibly awaiting for the announcement of the FOMC tomorrow: WTI and Brent oil prices slightly increased yesterday; the prices…
Gold and silver started off the week slightly rising. Will this trend continue? Yesterday, China’s trade balance report came out and revealed China’s exports rose by a much lower pace than many had anticipated. This news, however, didn’t seem to…
The ongoing debates regarding the fiscal cliff raise the question how it will affect precious metals prices. Let’s take a closer look on this issue and potential ramifications passing the fiscal cliff could have on precious metals markets. It’s still…
Many energy commodities prices declined on the first business day of the week while precious metals rose: WTI oil declined while Brent oil prices slightly rose yesterday; the prices of gold and silver, on the other hand, rose again on…
The prices of gold and silver slightly declined during last week. The volatility of precious metals has subsided during last week but might pick up in this week as the last FOMC meeting for the year will be held during…
During last week, major commodities were traded mostly down including oil, natural gas, silver and gold. Will commodities change direction and rally this week? The highly anticipated FOMC meeting will be held next week and could sharply affect commodities prices…