Following the dramatic downgrade of US’s credit rating at the beginning of August, now Italy’s turn came up: Standard and Poor’s, one of the most important rating agency worldwide, announced yesterday, September 19th, that it downgraded Italy’s credit rating from…
Category: EURO/USD
Gold and Silver Prices Started The Week Sharply Falling – September 19
Gold and silver prices changed direction again and ended yesterday sharply decreasing; crude oil prices continued last week’s trend and declined as well; natural gas spot price (Henry Hub) also declined yesterday. Here is a summary of the price movements…
Gold & Silver Prices – Daily Outlook September 19
Gold and silver prices bounced back on Friday from the sharp falls they have had a day earlier. During September both metals didn’t do much despite their high volatility. What is next for gold and silver prices? The rising concerns…
Weekly Outlook for September 19-23
This upcoming week brings many news items that could affect the commodities market including crude oil, gold and silver. The main events will be the FOMC meeting on Wednesday and the IMF meeting to be held over the weekend. Additional…
Gold & Silver Prices | Weekly Recap 12-16 September
Gold and silver prices continue to seek direction as they zigzagged again throughout the week. The news of the liquidity program, in which the ECB along with other central banks including the Federal Reserve will provide US dollar loans to…
Gold and silver prices ended the week rising– September 16
Gold and silver prices made a correction to the sharp falls they have endured in the past several days as they finished the week with sharp gains; crude oil prices ended the week falling; natural gas spot price (Henry Hub)…
Recommended posts for the weekend – September 17
The week has ended with many shifts and turns not only in the commodities markets, but also in the forex markets as well. The decision of ECB along with the Federal Reserve to offer loans to struggling European banks in…
Foreigners extended their holding in US Treasuries– September Report
According to the recent report of the U.S. Department of the Treasury, regarding the changes in domestic and foreigners’ holdings of U.S. Treasuries, the net foreign purchases of longer-term U.S. securities inclined by $9.5 billion during July; on the other…
Gold & Silver Prices – Daily Outlook September 16
Gold and silver prices suffered a sharp drop yesterday; as a result, they have completed 4.2% and 5.1% deceases, respectively from the end of last week. Currently, however they are traded slightly up. The recent announcement of ECB along with…
Gold and silver prices sharply fell yesterday– September 15
Gold and silver prices sharply fell yesterday; the news of ECB to offer US dollar based loans to European banks may have helped push gold and silver prices down. Crude oil prices slightly inclined. Natural gas spot price (Henry Hub)…