Major commodities prices didn’t do much yesterday and started off the second week of December with mixed trend: Gold price and silver price slipped. WTI oil price nearly didn’t change, while Brent oil price declined. Natural gas spot price (Henry…
Gold and silver prices didn’t do much during November after they had sharply increased during October. Gold price ended the month slightly rising while silver moderately declining. What were the main factors that may have affected the development of gold…
Yesterday, the U.S. non-manufacturing ISM report was published and the U.S. non-manufacturing PMI reached 52% in November. The U.S. non-manufacturing PMI, which is an index that estimates the economic activity in the U.S. non-manufacturing sector, grew for the 24th consecutive…
Gold and silver prices ended the first week of December with moderate change; the U.S. employment report, which was published on Friday, seems to have had a modest effect on the precious metals prices. Today, the U.S. ISM Non-Manufacturing PMI…
The upcoming week, which is also the second week of December, brings many news items and events that may affect forex and commodities markets including: U.S. trade balance report, ECB rate decision, EU summit, Australia’s GDP for the third quarter,…
Gold and silver prices started the first week of December with moderate gains during the week. The reduction on the rates of US dollar based loans given to struggling EU banks by several central banks including the Federal Reserve helped…
The U.S. labor report was published yesterday and showed good numbers as the non-farm employment grew by 120k in November. This may have been among the factor to help rally some of the commodities prices: Gold price slightly increased while silver…
Gold and silver prices started off the month of December with light changes as they have moderately declined after they had finished November. Today, the U.S. non-farm payroll will be published and the Canada Employment Report. Currently, gold and silver…
The U.S. labor force grew again during November: according to the recent U.S. employment report, which was published today, December 2nd by the Bureau of Labor Statistics the number of non-farm employees grew by 120,000. The growth in employment was…
Gold and silver prices ended November on a positive note as they have sharply inclined along with the rest of the financial markets. The news from Europe on the Fed’s reduction of interest rates on USD loans to EU banks…