The rally of major commodities in the past couple of days has come to a stop as crude oil, gold and silver declined yesterday. for the second straight day including crude oil, gold and silver. Here is a summary of…
Today’s U.S. jobless claims weekly report was published and showed an increase in initial claims by 10,000 for the week ending on May 21st, and it reached 424,000 claims (seasonally adjusted data); the insured unemployment rate declined by 0.1 percent…
The rapid rises in gold and silver prices in the last few days start to resemble rises that were back in April. Will this recent rally continue in the following days to come or will it dissipate soon? currently gold…
The rally of major commodities continued for the second straight day including crude oil, gold and silver. This recent rally is probably stem, in part, by the speculation around the future prices of crude oil and gold, as Goldman Sachs…
Yesterday, most of the major commodities finished the day with rises, including the precious metals and energy commodities. Here is a summary of the main price changes in energy commodities and precious metals for May 24th: Precious Metals prices: Gold…
The penultimate week of May started off with rapid falls for crude oil prices, along with moderate falls for silver prices; on the other hand, gold and natural gas prices inclined. Here is a summary of the main price changes…
The major currencies including Euro to US dollar conversion rate and Australian dollar /US dollar due to speculation over these economies’ progress. The Euro to US dollar conversion rate is declining probably due to the speculation around the economic recovery…
Gold and silver prices finished last week with rises, only after they shifted directions throughout most of the week. Currently gold and silver prices are traded with moderate changes. Let’s examine the news related to these precious metals for today,…
The debt crisis in Europe continues to reach the headlines, this time it comes from Portugal: The IMF (International Monetary Fund) has recently approved to provide 36.8 billion US dollar to Portugal as part of rescue packaged. The total rescue package…