Gold and silver prices continue to zigzag and after they had inclined on Tuesday, yesterday they changed direction and moderately declined; Crude oil prices on the other hand continued to rally; natural gas (Henry Hub) spot price also changed direction…
The bureau of economic analysis published today its third and final estimate of the growth rate of the U.S. GDP in the third quarter of 2011: According to the report, the growth rate of the real U.S GDP 2011 in…
The U.S existing homes sales rate continue to rally and slightly rose in November 2011 by 4%; this news coincides with the recent sharp gains in the housing starts, which was announced yesterday. According to the recent report of the…
Gold and silver prices sharply inclined yesterday, after they had sharply declined during most of the past few days. Currently, gold and silver prices are falling. The good news from U.S. on the gains in the housing starts and the expectation…
Major commodities prices changed direction and rallied yesterday: Gold and silver prices sharply inclined; Crude oil prices also sharply rose; even natural gas (Henry Hub) prices changed direction and rallied yesterday. Major currencies such as the Euro and Australian dollar…
Gold and silver prices slightly declined again on the first day of the week, but currently they are moderately rising. The recent news of the unexpected rise in the German confidence report maybe among the factors to further rally the Euro and thus…
Major commodities prices started the week with moderate changes after the sharp declines precious metals and energy commodities prices had had during last week: Gold and silver prices slightly declined; Crude oil prices moderately rose; natural gas (Henry Hub) prices…
According to this month’s U.S. Census Bureau report of the new residential construction statistics for November 2011 there was a sharp gain in building permits and housing starts. Privately owned Housing starts sharply increased in November 2011 as the seasonally adjusted…
Gold and silver prices recorded last week one of the worst weekly performances in 2011. Will this week continue the sharp declines in precious metals prices, or will they recover during this week. The major news item came today from…
Here is a weekly recap for gold and silver prices for the week of December 12th to the December 16th including changes in prices, chart analysis and the main events and news that may have affected gold and silver prices…