Gold and silver prices continued their rally as they have risen in the past couple of days. Crude oil also trade up yesterday; on the other hand, natural gas prices continued their decline. The Euro sharply appreciated again against the…
The U.S. labor force rose again during February: according to the recent U.S. employment report, which was published today, March 9th by the Bureau of Labor Statistics the number of non-farm employees increased by 227,000. The main sectors that rose…
As many had anticipated the European Central Bank kept again the basic interest rate at 1.00% for the third consecutive month; the last time ECB had cut the rate was back in December by 0.25 percent points. In the press…
Gold and silver prices bounced back from the recent tumble during; crude oil prices also rallied yesterday; on the other hand, natural gas future price resumed its downward trend. The Euro slightly appreciated again against the US Dollar. Here is…
One of the major news events that may affect the financial markets, besides the results from Super Tuesday, is the ramifications in case Greece will default on its debt. Let’s examine, how, if at all, such a scenario will affect…
Gold and silver prices declined for the third consecutive day. There are still speculations around the possibility of Greek default, which could come into effect on Thursday. But due to the LTRO, EU banks have more than enough funds to…
Gold and silver prices continued their downward trend and completed yesterday a three consecutive days in which both metals were traded down; crude oil prices also declined yesterday; on the other hand, natural gas future price slightly rose. The Euro…
Yesterday, the U.S. non-manufacturing ISM report was released and it showed the U.S. non-manufacturing PMI reached 57.3% in February 2012. The U.S. non-manufacturing PMI, which is an index that estimates the economic activity in the U.S. non-manufacturing sector, expanded for…
Gold and silver prices ended last week 3.75% and 2.53%, respectively below their initial starting point. This week there several important events that could impact precious metals prices including on Friday, U.S non-farm payroll report and on Thursday the ECB…
Here is a short overview of the recent developments in gold and silver prices during the week of February 27th to March 2nd; this includes a short description of the main news items and events that may have stirred up…