Today, the U.S. Census Bureau published its monthly report on U.S. durable goods manufactures’ shipments, inventories and orders for December 2011 – according to this report, orders of durable goods and capital goods increased during last month compared with November’s…
According to the recent U.S. pending homes sales report the market changed direction as pending home sales fell during December 2011; on the other hand the December 2011 U.S. pending home sales index was well above the December 2010 index.…
Gold and silver prices rallied on Wednesday following the FOMC’s pledge to keep the low interest rates until late 2014. This news also reignited the speculation around whether the Fed will issue another stimulus plan in the near future. Currently,…
Gold and silver prices bounced back from Tuesday’s falls and ended yesterday’s trading sharply rising; this rally came after the FOMC’s statement, in which the Fed pledged to keep interest rates low until late 2014. This announcement rekindled the speculation…
Gold and silver prices changed direction and moderately slipped during yesterday’s trading along with other commodities prices such as curd crude oil prices. Currently, gold and silver are traded sharply up. Today, the FOMC statement and rate decision will be…
Major commodities prices changed direction and slipped during yesterday’s trading. Gold and silver were traded down; crude oil prices also declined despite the recent news of EU’s sanctions on Iran to boycott its oil; natural gas price continued its rally…
In the first Federal Open Market Committee meeting for the year, which was concluded today, January 25th, it was announced the Fed will the keep currently low interests rates until late 2014; gold and silver prices sharply increased following this…
Gold and silver prices continue their January upward trend. Yesterday other commodities also rallied including oil and gas. Currently, gold and silver are traded with moderate changes. Today, the Euro Area Manufacturing PMI report will be published, the Canadian Retails…
Major commodities prices started off the week with sharp gains especially for the energy commodities including crude oil prices and natural gas prices. The Euro and other currencies including Canadian dollar rallied from Friday’s falls and appreciated against the U.S.…
Gold and silver ended the week with moderate gains and thus continued their January rally. Will this rally continue today? Currently, gold and silver are rising. In the meantime, speculators continue to raise their bet on precious metals the most…