The prices of gold and silver changed direction and fell during last week. The decline of precious metals coincided with the appreciation of the USD against several currencies including the Aussie dollar, Canadian dollar and Japanese yen. Will gold and…
The prices of precious metals shifted gear again and this time declined last week along with the decrease of certain currencies against the USD such as Canadian dollar, yen and Aussie dollar. The recent news of the hike in the…
The U.S. Census Bureau reported (opens pdf) on the changes in number of new homes sold in the U.S during December 2012: the number of new homes sales declined compared with the number of new homes sold during November 2012.…
The prices of precious metals changed direction again and this time they have declined during the past few days of the week. The recent news of the rise in the imposed tax on gold imports in India may have contributed…
Major energy commodities remained virtually unchanged on the last business day of the week: the price of Brent oil remained unchanged while WTI oil inched down yesterday; natural gas Henry Hub future (short term delivery) also edged down yesterday; the…
The prices of silver and gold changed pace yesterday from their slow movement at the beginning of the week and tumbled down. Following yesterday’s fall, any gain recorded in precious metals from earlier this week was erased. The recent positive…
Major commodities traded in a mixed trend again on the penultimate business day of the week: the price of Brent oil and WTI oil bounced back yesterday; the prices of gold and silver changed pace and sharply fell on Thursday;…
The prices of silver and gold didn’t do much yesterday as gold slightly declined and silver rose. HSBC published its China flash Manufacturing PMI, in which the PMI rose from 51.5 in December to 51.9 in January. This means the…
Major commodities traded with a mixed trend on the third business day of the week: the price of Brent oil declined while WTI oil rallied; the prices of gold inched down while silver increased on Wednesday; natural gas Henry Hub…
The prices of precious metals inched up on Tuesday along with other commodities such as oil and risk related currencies such as Canadian dollar and Aussie dollar. According to Standard Bank the demand for gold has risen in recent weeks…