The month of October ended with sharp falls for gold and silver prices; crude oil prices also slipped. On the other hand natural gas prices ended the month with light gains. Here is a summary of the price movements of…
Gold and silver traders enjoyed from sharp gains to gold and silver prices during most of last week. The G20 summit, the FOMC meeting, the ECB rate decision and the U.S. labor report are the main events for the upcoming…
The last week of October was very turbulent in the financial markets as the EU summits came to a conclusion on Wednesday with an agreement on the EU debt crisis and the U.S GDP news also helped the prices of…
After the sharp gains recorded on Thursday to major commodities, Friday ended with a slower trading day as major commodities prices slightly changed: crude oil prices slipped; gold price slightly declined while silver price rose again. On the other hand…
Gold and silver prices recorded additional sharp gains yesterday following the European Union agreement on debt reduction for Greece; the news of the U.S GDP growth in Q3 may have also helped push commodities prices up as the confidence in…
Major commodities got a big bump yesterday after the news of EU leaders reaching an agreement on the debt crisis resolution, and the news of the U.S. GDP growth rate reaching 2.5% broke; these news items seem to have helped…
The bureau of economic analysis published today its advance estimate of U.S. GDP 2011 third quarter of 2011: According to the report, the growth rate of the real U.S GDP 2011 in the third quarter of 2011 was 2.5%; in…
Gold and silver prices continued to rise yesterday and thus completed a fourth business day rally. The European Union leaders reached an agreement on the debt crisis that could ease the concerns of the financial community and thus curb the…
Gold and silver prices continued their rally and increased for the fourth straight business days; on the other hand crude oil prices sharply fell; natural gas prices were traded with mixed trend as the spot price increased while the short…
After ten hours of deliberations the EU leaders have managed to reach an agreement regarding the main issues of the European debt crisis. The EU leaders agreed to make a 50% haircut on the Greek debt; they have also agreed…