Gold and silver prices changed direction and declined on Tuesday after they started off the week rising. Crude oil price (WTI) changed direction and edged up while Brent oil hiked and thus widen the gap between Brent and WTI. Natural…
According to the recent monthly report of the U.S. pending homes sales, which was published today June 27th by the National Association of Realtors, the real estate market has shifted again as pending home sales rose during May: the U.S.…
Gold and silver prices kicked off the week on a positive note as they have recovered some of the losses from last week but they are still at a low rate for the month. The rise in new home sales…
Gold and silver prices started off the week on a positive note as both precious metals hiked on Monday. This rally comes after both metals tumbled down last week. Crude oil price (WTI) continued to decline while Brent oil edged…
The U.S consumer confidence index declined again during June, after this index had declined during May. According to the latest U.S. consumer confidence survey, the consumer confidence index fell again in June compared with May’s index: The index reached in…
It could take time until gold and silver prices will recover from their plunge on Thursday following the FOMC’s decision to extend operation twist by $267 billion until the end of 2012 and after the Fed had revised down its…
Today, the U.S. Census Bureau reported on the number of new homes sold in the U.S in May 2012: the number of new homes sales increased compared with the number of new homes sold during April 2012. According to the…
Last week gold and silver prices started off with little movement but by Thursday both precious metals tumbled down. The FOMC decision to continue operation twist throughout the rest of 2012 by $267 billion and not to introduce QE3 may…
Following the results of the Greek elections the forex and commodities markets didn’t seem to react much to the news. The main event of last week was the decision of the FOMC to extend operation twist throughout 2012 by another…
Precious metals prices took a dive on Thursday and thus erased their gains from the first weeks of June. The FOMC decision to extend operation twist throughout the rest of the year by another $267 billion wasn’t what many bullion…