Gold and silver prices sharply fell yesterday and thus gold price completed four days of falls. Currently gold and silver prices are traded up. Today, there will be an ECB Press Conference in which Trichet will speak; the German Business…
Gold and silver prices continued their descent and sharply declined yesterday; this was the fourth straight day in which gold price declined; crude oil prices traded yesterday with mixed trend as WTI oil price fell and Brent oil slightly rose;…
The U.S existing homes sales rate slipped in September 2011 by 3.0%; this news comes despite the recent gains in the housing starts report. According to the recent report of the Realtors’ organization, the annual rate of US existing home…
According to the recent release of the Philly Fed Manufacturing Index, the index showed the U.S. economy is presenting signs of improvement in manufacturing conditions, compared with the previous month’s report; the October Philly Fed index inclined from -17.5 in…
Gold and silver prices ended the trading yesterday slipping again along with other major commodities and the stock markets; some consider the recent liquidity problems in Europe may have helped pull down the commodities market including gold. Currently gold and…
Major commodities took a plunge yesterday after they had demonstrated a mixed trend in recent days: Gold and silver prices slightly declined; crude oil prices sharply decreased after they had inclined a day earlier; natural gas prices slipped as well.…
According to the recent U.S. Census Bureau report of the new residential construction statistics for September 2011 there was a sharp increase in housing starts but a drop in building permits. Privately owned Housing starts sharply inclined in September 2011…
In the recent report of the Bureau of Labor Statistics, the U.S inflation for September 2011 inclined by 0.3% or in annual terms it rose by 3.9%. The CPI without food and energy also rose by only 0.1% during September…
Gold price continued its decline and finished yesterday in the red while silver price remained virtually unchanged. Currently gold and silver prices are traded down. Today, U.S. Consumer Price Index will be published; the U.S. building permits and housing starts…
Gold price continued to slide and sharply declined for the second straight business day; silver price remained virtually unchanged; crude oil prices bounced back and inclined; natural gas prices on the other hand changed direction and sharply fell. Here is…