Gold price continued to rally and rose for the second consecutive day while silver prices changed direction and moderately declined; crude oil continued to trade up, while natural gas spot price declined. Major currencies such as Euro and Australian dollar…
According to the recent Eurostat report the Euro Area inflation rate slightly slipped by 0.2 percent points to reach an annual inflation rate of 3% in December 2011. This decline comes despite the recent cuts in the ECB’s interest rates.…
Gold and silver prices started the first trading day of 2012 with very sharp gains. These gains were not only in commodities markets, but also in the American stock markets. It seems that the recent positive reports on the growth…
Gold and silver prices started the first week of 2012 with very sharp gains that were recorded in other commodities prices such as crude oil prices. The rest of the financial markets also recorded sharp gains including the U.S. stock…
Crude oil prices had many twists and turns during 2011 but in the end, crude oil prices finished the year moderately above their initial price level from the beginning of the year: WTI oil price increased by 7.9% and Brent oil…
Gold and silver prices ended the last day of 2011 on a positive note and rose after they had declined during most of December. Will the recent rally in precious metals prices continue today, the first business day of 2012?…
Here is a weekly recap for gold and silver prices for the week of December 26th to the December 30th including changes in prices, chart analysis and the main events and news that may have affected gold and silver prices to…
Crude oil prices slightly declined during the last week of 2011, but this week we are entering a new year and the direction of crude oil prices may change. For the first week of 2012, let’s examine what is up…
The first week of 2012, much like the last week of 2011, will be a short one due to the New Years holiday on Monday, but there will be many news items on the agenda that may stir up the…
During the last week of the year, gold and silver prices declined and thus continued their downward trend of December. Gold and silver prices declined during the month by 10.5% and 14.90%, respectively. During 2011 gold price rose by 10.2%…