Gold and silver prices changed direction several times yesterday but eventually didn’t do much and only slightly changed. The recent FOMC meeting didn’t bring much news as there were no announcements of a new stimulus plan. The market didn’t react…
Following the recent FOMC meeting in which there was no news of another stimulus plan many currencies sharply declined against the US dollar; major commodities were traded with mixed trends: Gold price slightly declined while silver price moderately rose; crude…
The concerns regarding the faith of the European Union continue to grow; the recent agreement in the EU Summit in Brussels has failed to ease the speculation around the instability of the European Union. There are mixed signals regarding the…
Retails and foods services sales slightly increased in November compared with October 2011’s sales, and were also above the sales at November 2010. The U.S. Department of Commerce issued its monthly report on the change in the U.S. retail and…
Gold and silver prices started the week with very sharp losses; many commodities prices, stock indexes and forex exchange rates also sharply declined yesterday. This reaction was probably prompted by the markets’ disappointment from the recent EU Summit. Moody’s announcement…
The week started with sharp falls across the boarder at many financial markets including stocks, forex and commodities markets. This may have been stem, in part by the markets reactions to Friday’s EU Summit that didn’t reach the expectations of…
As I have expected, in the last Federal Open Market Committee meeting, which was held today, December 13th, there were no surprises and Committee decided to maintain its current monetary policy and didn’t introduce a new stimulus plan such as…
Gold and silver prices bounced back on Friday following the sharp falls recorded on Thursday, but now the tables have turned again as the precious metals prices are declining. The agreement reached on Friday in the recent EU Summit doesn’t…
Here is a weekly recap for gold and silver prices for the week of December 5th to the December 9th including changes in prices, chart analysis and the main events and news that may have affected gold and silver prices…
Crude oil prices slightly declined during last week after oil prices rose during the past couple of months including November and October. There are many news items on next week’s agenda including the OPEC meeting and OPEC and IEA’s monthly report…