Gold and silver prices, along with other commodities, tumbled down during yesterday’s trading. Crude oil also plummeted; the price of WTI fell to its lowest level since mid October 2011. Natural gas future continued to trade up. The Euro fell again…
Gold and silver prices continued their downward trend as the Euro and other currencies also tumbled down. The U.S existing home sales rose in April. European Leaders will convene today in order to talk about the EU debt crisis; they…
Gold and silver prices continued their descent with no clear end in sight. Furthermore other commodities prices including crude oil also declined; natural gas future changed direction and hiked. The Euro sharply fell against the USD. Other exchange rates also…
Today, the U.S. Census Bureau reported on the number of new homes sold in the U.S during April 2012: new homes sales rose compared with the number of homes sold during March 2012. According to the recent update, during April…
There has been a lot of hype of the recent recovery of natural gas prices and by extension the rise in United States Natural Gas (UNG). Will this rally help boost the stock of Exxon Mobil Corporation (XOM)? I think…
Gold and silver prices change direction and declined again after they have both spiked in the last two days of last week. On today’s agenda: U.S. Existing Home Sales (update: Housing sales rose in April), BOJ Rate Decision, Great Britain…
The U.S real estate market picked up in April as the U.S. existing homes sales rate rose during April 2012 by 3.4% (M-o-M); this news comes after it was reported last week that there was a rise in housing starts…
Gold and silver prices changed direction from their two day rally during the end of last week and resumed their downward trend during yesterdays trading. On the other hand crude oil prices rose; natural gas future tumbled down. The Euro…
Gold and silver prices continued their rally on Friday and thus completed a two day recovery after both metals had declined during most of the month so far. On today’s agenda: FOMC Member Lockhart Speaks. Currently precious metals prices are…
Last week gold and silver prices changed direction from a downward trend to a sudden steep increase on Thursday and Friday. Could this mean there is some fundamental shift in the bullion market that warrants such a shift? The main…