Crude oil prices (WTI and Brent spot oil) continued to rise and finished yesterday on a high note. Gold and silver prices also rose; natural gas future price moderately declined. Here is a summary of the price movements of precious…
According to the recent US pending homes sales report there was a rise during May 2011 in home sales. The US pending home sales index inclined by 8.2% during May 2011 compared with the April 2011 index. This index is…
Greek parliament approved today the package of budget cuts proposed by Prime Minister George Papandreou. These budget cuts are estimated at nearly 28 billion euros. This vote was critical for Greece to avoid default on its debt, and was one…
Gold and silver prices finished the day with rises and they continue today this upward trend. Today the Greeks will vote on the budget cuts. Yesterday the US confidence report was published which might have affected the gold and silver…
Crude oil prices (WTI and Brent spot oil) bounced back and inclined yesterday; gold and silver prices also inclined but very moderately; natural gas spot price kept on rising as well. Here is a summary of the price movements of…
According to the recent consumer confidence survey in the US, the consumer confidence index has declined during June; this index declined during May as well. This survey shows the confidence of American consumers in US businesses; the total index declined…
Gold and silver prices fell yesterday, but they are currently traded up. The news around the Greek debt crisis continues to occupy the news cycle as the Greek parliament will vote today on the budget cuts proposed by the Prime…
The week started the same way the previous week had ended for gold and silver prices as they have declined again; crude oil price (WTI and Brent spot oil) had moderate changes; natural gas spot price continued bounced back and…
Gold and silver prices continue to fall as they did in the last couple of days; some speculate this might be due to the recent news about the Greek debt bailout. Will the recent shift in direction, in which gold…
Is the Greek rescue plan underway? According to recent news, French banks including BNP Paribas told the French government they are willing to be among the financiers to roll over the maturing Greek government bonds, and thus to avert a…