Precious metals prices resumed their rally as bullion traders were waken from their recent slumber after the minutes of the FOMC had revealed the Fed is leaning towards issuing another QE program in the near future. On Thursday both gold…
Crude oil prices took a pause from their recent upward trend of the past several weeks and remained nearly unchanged during last week. Further, the gap between Brent and WTI also didn’t change much and slightly dwindled. The recent publication…
Many commodities traded down on Friday: crude oil price (WTI and Brent oil) declined again; gold and silver, on the other hand, traded up on Friday – this was the fifth consecutive day in which silver rose; natural gas Henry…
Gold and silver prices, as expected, hiked during yesterday as a clear cut market reaction to the publication of the minutes of the FOMC meeting. The minutes revealed that many FOMC members consider “monetary accommodation would likely be warranted fairly…
Following the publication of the minutes of the FOMC meeting the prices of bullion prices hiked. On the other hand, many commodities traded down on Thursday: crude oil price (WTI and Brent oil) decreased again; gold and silver traded sharply…
Yesterday, the U.S. Census Bureau reported the change in number of new homes sold in the U.S during July 2012: the number of new homes sales decreased compared with the number of new homes sold during June 2012. According to…
Is time for another quantitative easing? Gold and silver prices continue to rise following yesterday’s publication of the minutes of the FOMC meeting. In last month’s FOMC meeting there were no hints of another QE program, but the minutes revealed…
Following the recent publication of the minutes of the FOMC meeting there are renewed expectations of another stimulus plan. In the meantime, many commodities traded in a mixed trend on Wednesday: crude oil price (WTI) increased again while Brent oil…
The Fed Published the minutes of the recent FOMC meeting, which was held at the end of July. The minutes revealed that the Fed might be closer, than many (including me) had anticipated, to issuing another quantitative easing plan in…
Gold and silver prices, much like the Euro, hiked on Tuesday as many forex and bullion traders anticipate the ECB bond purchasing program will commence in the near future. There are also speculations on whether the People’s Bank of China…