The growth in U.S. employment didn’t meet expectations and only slightly expanded during May: according to the latest U.S. employment report, which was published today, June 1stby the Bureau of Labor Statistics the number of non-farm employees increased by only…
Today the U.S. Manufacturing ISM report was published; according to the recent report, the U.S. Manufacturing PMI growth rate decreased to 53.5% during May 2012. The U.S. Manufacturing PMI is an index that estimates the economic progress of the U.S.…
Gold and silver prices changed direction and bounced back during yesterday’s trading. On the other hand many other commodities such as crude oil and currencies including Euro and Aussie dollar tumbled down. The European debt crisis continues to weaken the…
Gold and silver prices, unlike other energy commodities, increased on Wednesday. Crude oil tumbled down by over 3% (for both Brent and WTI). Furthermore, the price of natural gas (future and spot) also plummeted to its lowest level in over…
The bureau of economic analysis published today May 31st its second estimate of the growth rate of the U.S. Gross Domestic Product for the first quarter of 2012. According to the recent update U.S output of goods and services expanded…
Gold and silver prices resumed their downward trend and declined during yesterday’s trading. The disappointing U.S consumer confidence report didn’t seem to curb the decline in bullion rates but may have adversely affected energy commodities prices. Currently precious metals prices…
Precious metals market tumbled down during most of the month along with many other markets including other commodities, stocks and foreign exchange markets. Both gold and silver were headed for their worst performing month of the year. The current rates…
Gold and silver prices, along with other commodities, started off the week on a negative note and declined on Tuesday. Crude oil edged down on the first trading day of the week. Furthermore, the price of natural gas future also…
Gold and silver prices increased again on Friday, and also edged up during yesterday’s trading in Asia. Will this positive trend continue in today’s trading? Currently precious metals prices are rising. On today’s agenda: U.S consumer confidence report and Australia’s…
The price of oil has sharply declined in recent weeks and by extension United States Oil (USO) has also tumbled down in recent weeks. In addition there is an ongoing decline in the stock price of Chesapeake Energy Corporation (CHK);…