Following the slow paced week in the financial markets in which major commodities and U.S stock markets started off the week declining while precious metals prices rising on account of the weaker than expected (but not that bad) U.S labor…
Crude oil prices started off the week falling on account of the markets’ response to the recent U.S non-farm payroll report. Major commodities bounced back during Wednesday and Thursday only the finished the week falling again probably due to disappointing…
Gold price started off the week strong as the concerns over the Debt crisis in Europe rose. This time, Spain and Italy were in the headlines. The week also started after Easter and Good Friday was celebrated over the weekend.…
Precious metals prices changed direction and after they had sharply rose on Thursday, they have finished the week falling. Crude oil prices also changed direction and slipped. Natural gas prices (spot price) also declined while the future price remained flat.…
The Bureau of Labor Statistics published yesterday the latest report of the U.S inflation for March 2012. According to the report the consumer price index increased by 0.3% and in annual terms the US CPI increased by 2.9%. The consumer…
Gold and silver prices rallied yesterday and with this gain they have both advanced from their tumble at the beginning of the month. The U.S jobless claims rose and thus may have been among the factors to pull down the…
Precious metals prices bounced back yesterday after they had slipped on Wednesday. Crude oil prices continued their rally and increased as well. Natural gas prices (future price for May) remained flat. The Euro traded up again against the U.S. dollar,…
According to the recent producer price index report, which came out today, the PPI for finished goods remained unchanged in March compared with February’s index. This report serves as an indicator for the path of the U.S core CPI to…
According to the recent April report of the Organization of the Petroleum Exporting Countries in regards to the oil market, the OPEC oil production slightly rose during March 2012 compared with February oil production levels. This rise was mainly due…
Gold and silver prices didn’t do much yesterday after they had rallied in the past couple of days. The slow market day has passed and today the situation should be different. The rally in oil prices and U.S stock markets…