I have already examined in the past the relation between the U.S. Monetary base and the changes in gold price. As the U.S. Monetary base tends to expand, the price of gold tends to increase as well. Let examine the…
Gold and silver prices continued to dwindle with an unclear trend during the last week of March and thus both metals ended the month with slight falls on a monthly scale: gold price edged down by 2.3% and silver price…
Gold and silver prices didn’t do much on a weekly scale. Today there are several items of the agenda including: KOF Economic Barometer, Euro Area Flash Estimate of Annual Inflation and Canada’s GDP by Industry. Here is a short…
Gold and silver prices sharply fell yesterday and thus nullified their sharp gains from the beginning of the week. Currently gold and silver are trading up. Yesterday the U.S core durable report came out and was positive but may have…
Gold and silver prices changed direction and sharply fell on Wednesday. This fall coincided with the sharp drop of other commodities prices and U.S stock market indexes following the recent U.S durable goods report that showed growth. Crude oil prices…
Today, the U.S. Census Bureau published its monthly report on the changes in U.S. durable goods manufactures’ shipments, inventories and orders during February 2012 – according to this report, orders of durable goods and capital goods rose during last month…
Gold and silver prices didn’t do much yesterday after their recent rally in the previous two business days. Currently gold and silver are trading sharply down along with the other commodities prices (crude oil price is currently down by 2.18%)…
Following the rise in the U.S consumer confidence index during February, this index changed direction and decreased in March. According to the recent U.S. consumer confidence survey, the consumer confidence index declined in March compared with February’s index: The index…
Gold and silver prices didn’t do much on Tuesday after they had sharply increased on Monday. They have finished yesterday’s trading in the red. Crude oil prices moved in different directions as Brent oil slipped while WTI oil price edged…
Gold and silver prices sharply rose for the second consecutive business day and thus cut the losses of both metals they have incurred during March. The big news from yesterday was Bernanke’s speech on the labor market, which rekindled the…