The prices of gold and silver changed direction and increased yesterday. The recent publication of the minutes of the FOMC meeting from back in October didn’t offer much insight regarding the next move of the FOMC. A couple of U.S…
Many commodities were traded up on the third business day of the week: WTI oil and Brent oil changed direction and rose yesterday; the prices of silver and gold also increased on Wednesday; natural gas Henry Hub future (December delivery)…
The Bureau of Labor Statistics came out today with its recent report of the U.S CPI for October 2012. According to the recent update, the consumer price index edged up by 0.1% after it had increased by 0.6% in the…
Today, the eleventh survey of 2012 for the Philly Fed Manufacturing Index for November was published. This survey projects the U.S. manufacturing conditions. According to the recent survey the conditions have worsen. Further, the index turned negative; the Philly Fed…
The prices of gold and silver slightly declined again for the second consecutive day. The low volatility was in other markets including oil, stocks and forex. The recent Euro Summits were concluded with no big headlines regarding Greece’s debt crisis.…
Many commodities were traded down again on the second business day of the week: WTI oil and Brent oil declined again; the prices of silver and gold also fell on Tuesday; natural gas Henry Hub future (December delivery) hiked on…
According to the latest producer price index monthly report, which was published today, the PPI for finished goods changed direction and edged down by 0.2% in October compared with September’s index. This report serves as an indicator for the changes…
Retails and foods services sales changed direction from last month and declined by 0.3% in October 2012 compared with September’s sales but were above the sales at October 2011. This news may have contributed to the rise in gold and…
Gold and silver remained virtually unchanged on the first day of the week as the Euro, Yen and other currencies remained unchanged yesterday. Yesterday’s Euro-group meeting was concluded with little headway as the EU ministers of finance approved Greece’s budget…
Many commodities were traded down on the first business day of the week: WTI oil and Brent oil slightly declined; the price of silver edged down while gold remained unchanged on Monday; natural gas Henry Hub future (December delivery) changed…