Gold and silver prices didn’t do much on Friday after their tumble on Thursday. Gold finished slightly up while silver declined. Crude oil prices (WTI and Brent) recovered from their two day falls and rose on Friday. Natural gas Henry…
Gold and silver prices tumbled down along with other commodities prices such as oil and U.S stock markets. Even the Euro/USD plummeted during yesterday. The FOMC’s decision to extend its operation twist by $267 billion until the end of the…
Gold and silver prices continued their downward trend and recorded the sharpest fall since the beginning of April 2012. Crude oil price (WTI and Brent) also tumbled down yesterday. Natural gas Henry Hub (July delivery) rose while the spot price…
Gold continued to trade down, while silver edged up during yesterday’s trading. The FOMC announced it will extend its operation twist, in which the Fed extends the average maturity of its holdings of securities, throughout the rest of the year.…
The U.S real estate market continue to dwindle as it was reported today that the U.S. existing homes sales rate declined during May 2012 by 1.5% (M-o-M); this news comes after it was reported last week that there was a…
The FOMC extended operation twist for the rest of the year but didn’t announce any additional QE program. The Fed also lowered its economic projection of the U.S economy. This news didn’t help commodities prices as many of them declined.…
Today, the sixth survey of 2012 for the Philly Fed Manufacturing Index for June came out: this survey estimates the U.S. manufacturing conditions that continued to contract during the month; the Philly Fed index fell from -5.8 in May to…
Gold and silver prices continue to dwindle as both metals edged down for the second consecutive day. Even the hike in Euro/USD and other related currencies such as the Aussie dollar didn’t reverse the decline in precious metals prices. The…
The Fed announced it will continue its operation twist in which the Federal Reserve will extend the average maturity of its holdings of securities. This operation twist was first started back in September and was suppose to end this month.…
Gold and silver prices continued to dwindle as both precious metals edged down on Tuesday. Crude oil price (WTI) changed direction and rose yesterday while Brent oil edged down. Natural gas Henry Hub (July delivery) plunged while the spot price…