The prices of gold and silver rose again yesterday and thus completed a two day rally. Many other commodities also increased yesterday. The markets in NY open yesterday for the first time following Hurricane Sandy. China’s manufacturing PMI rose to…
Many commodities rates increased on the third day of the week and on the first trading day of week in New York following Hurricane Sandy: WTI oil rose again yesterday while Brent oil changed direction and slipped; the prices of…
Today, the U.S. Manufacturing ISM report came out; according to the recent update, the U.S. Manufacturing PMI index edged up to 51.7% during October 2012. The U.S. Manufacturing PMI is an index that estimates the economic development of the U.S.…
The prices of gold and silver changed direction and after they had declined on Monday, they have both edged up on Tuesday. The markets in NY remained closed during yesterday but the CME is expected to open today its trading…
Major commodities prices bounced back on the second day of the week: WTI and Brent oil rose yesterday; the prices of silver and gold also edged up on Tuesday; natural gas Henry Hub future (November delivery) changed direction on Tuesday…
The prices of gold and silver started off the week on a negative note as both declined on Monday. Will precious metals continue their downward trend during the week? Hurricane Sandy will keep the trading in New York closed. The…
Major commodities prices traded mostly down on the first day of the week: WTI and Brent oil decreased yesterday; the prices of silver and gold slipped again on Monday; natural gas Henry Hub future (November delivery) changed direction on Monday…
Gold and silver edged down during last week. Will precious metals trade down during this week? Hurricane Sandy is expected to reach the East Coast including Washington, Philadelphia, New York and New Jersey by late Monday or early Tuesday. CME…
The recent FOMC meeting didn’t seem to affect much the prices of gold and silver during last week, as the FOMC left its monetary policy unchanged. On a weekly scale, both gold and silver edged down. Several U.S reports may…
Precious metals price changed direction and declined during most of last month. Despite the commencement of QE3 by the FOMC it didn’t seem to affect much the prices of gold and silver. This news may, however, start affecting the prices…