Following the slow trade from last week due to Thanksgiving holiday and Black Friday in the U.S., many anticipate a high volume of trade coming Monday. The upcoming week, which is also the last week of November, brings many news…
Following thanksgiving the trading in the U.S. was renewed for black Friday in which gold and silver were traded down. Crude oil were traded with a mixed trend as Brent oil slightly declined and WTI oil price rose; natural gas…
Gold and silver prices continue to seek direction, but due to Thanksgiving the trading slowed down. Nonetheless gold and silver are traded down. Here is a market outlook of precious metals prices for the last day of the week, November…
There are a growing number of articles that quote Hedge funds managers who claim to increase their exposure on gold. On Monday, November 21st when gold price sharply declined Bloomberg reported that Hedge Funds cut their bullish bets on many…
I recall that the last time gold price sharply rose was back in August when the markets stirred up over the U.S. debt ceiling debacle which was followed by the S&P’s downgrade of U.S.’s credit rating. Back then gold price…
Gold and silver prices continue to zigzag with no clear trend as they moderately declined yesterday along with the rest of the markets including crude oil prices, American stock markets and Euro/USD. The Super committee’s failure to cut the U.S.…
Gold and silver prices, much like may other commodities prices, continue to zigzag with no clear direction; yesterday gold and silver prices moderately declined. Other commodities prices also decreased yesterday: Crude oil prices including Brent oil and WTI oil prices…
Today, the U.S. Census Bureau published its monthly report on U.S. durable goods manufactures’ shipments, inventories and orders for October 2011 – the report showed a further decline in orders of durable goods and in capital goods compared to September.…
Gold and silver prices changed direction again and rallied yesterday from the sharp falls they experienced on Monday; other commodities such as crude oil prices also rose yesterday. Currently gold and silver are traded down. Today, the •23 November:U.S. Durable…
I think it didn’t surprise anyone that the Super-Committee failed to reach an agreement among its members to cut at least $1.5 trillion from the Federal Budget over the next decade. This failure and the low expectations from this Super-Committee…