China’s inflation rate sharply plummeted in October and reached an annual inflation rate of 5.5% – the lowest level since May 2011 and sharpest single month drop since 2009. In addition there was a slowdown in the growth of industrial…
Gold and silver prices bounced back and sharply rose yesterday. The talks of forming a Greek national unity government may ease some of the speculation around the stability of Greece (at least for now). Currently gold and silver prices are traded…
Following the modest fall for gold and silver prices on Friday, they have started the week with sharp gains; crude oil prices continued their upward trend and moderately inclined yesterday as well. Natural gas prices on the other hand sharply…
Gold and silver prices made a comeback from the sharp falls they had recorded in September and rose during October. What were the main factors that contributed to the comeback of gold and silver prices in October? The uncertainty in…
Here is a weekly recap for gold and silver prices for the week of October 31st to November 4th including changes in prices, chart analysis and the main news items that may have affected the development of gold and silver…
Gold and silver prices slightly declined on the last day of the week, and thus continued the unclear path for precious metals prices in recent days. The news from Greece of forming a national unity government may ease some of…
The first week of November revolved around the Greek debt crisis and the future of Greece in the European Union. Papandreou, the current Greek Prime Minster will try to form a government of national unity in order to pass the…
Following the positive news from the U.S. of the employment expanding by 80k in October there was a light recitation to this news by the financial markets as all eyes were set towards Greece canceling the Referendum. Yesterday major commodities…
The U.S. labor force continued to grow in October after it had grown in September: according to the recent U.S. employment report, which was published today, November 4th by the Bureau of Labor Statistics the number of non-farm employees inclined…
Gold and silver prices continued their rally and inclined yesterday; this rally was probably stem, in part, by the news from ECB to cut interest rates and the speculation that Greek President Papandreou might cancel the referendum. Currently gold and…