Gold and silver prices declined yesterday and thus continue to dwindle with an unclear trend. Yesterday the IMF issued a report in which it stated European banks’ financial problems are far from over and they may reduce their balance sheets…
Major commodities continued to change direction with an unclear path at sight. Gold and silver price declined during yesterday’s trading. Crude oil prices also decreased. Natural gas prices changed direction again and tumbled yesterday. Finally, the Euro continued to zigzag;…
Gold and silver prices continue to zigzag and perhaps the market is just waiting for next week’s FOMC meeting to see if there won’t be any big surprises or announcements that could affect the bullion markets (did someone say QE3?).…
Precious metals prices continued to change direction with an unclear trend; this pattern both gold and silver have been experiencing in recent weeks. In the crude oil market WTI oil price sharply rose while Brent oil prices declined and the…
According to the recent monthly U.S. Census Bureau report regarding the new residential construction statistics for March 2012 there was a decrease in housing starts but a slight increase in building permits. Privately owned Housing starts decreased in March 2012:…
Gold and silver prices didn’t do much yesterday however things might change today seeing that there are many news items on today’s agenda including: Great Britain CPI, German and Euro Area ZEW economic sentiment, U.S. Housing Starts and Building permits,…
Precious metals prices didn’t do much to start off the week as both gold and silver slightly declined; in the crude oil market WTI oil price slightly rose while Brent oil price plummeted; if this trend will continue it means…
Gold and silver prices ended the week on a negative note; this drop may have been stem by the low growth rate in China’s economy during the first quarter of 2012. In any case, the situation hasn’t improved from bullion…
Its was not a good year so far for bullion traders as the prices of both gold and silver didn’t do much or well during passing months. Last week gold price started off strong but soon changed direction, declined and…
Crude oil prices continue to dwindle with an unclear trend but at least the premium of the Brent oil over WTI slipped during recent weeks. Furthermore, during last week Brent oil edged down 1.27% and WTI by 0.46%. The tensions…