The prices of gold and silver continued their upward trend and rose for the second consecutive day. The recent fall of other commodities prices and major risk currencies such as Euro, and Aussie dollar didn’t seem to slow down the…
Major commodities moved in an unclear trend on the second business day of the week: the price of Brent oil and WTI oil changed direction and declined; the prices of gold and silver increased again on Tuesday; natural gas Henry…
Retails and foods services sales rose again for the second consecutive month, during December 2012 by 0.5% compared with November’s sales and were also above the sales at December 2011. The U.S. Department of Commerce (pdf file) published yesterday its…
According to the latest producer price index monthly report, which was published yesterday, the PPI for finished goods declined again by 0.2% in December compared with November’s index. This report serves as an indicator for the changes in the U.S…
The prices of gold and silver started the week on a positive note. The recent of Bernanke may have contributed to the recent rally of precious metals on Monday. Will gold and silver continue to rise today? Currently, the prices…
Most commodities changed direction from Friday and bounced back on the first business day of the week: the price of Brent oil and WTI oil rose; the prices of gold and silver also increased on Monday; natural gas Henry Hub…
The prices of gold and silver slightly increased on weekly scale. Precious metals sharply rose on Thursday along with the Euro and other commodities prices following the ECB’s decision to keep the Euro rate unchanged and Mario Draghi’s cautious but…
The prices of precious metals spiked on Thursday along with the rest of the market including crude oil, stocks and Euro. The recent ECB meeting and press conference that followed may have contributed to this rally. But the following day,…
The recent decision of ECB to keep the short term interest rates unchanged along with Mario Draghi’s reassuring speech about the future progress of the EU in 2013 may have helped rally not only commodities prices but also the Euro/USD…
The prices of precious metals shifted during the week with an unclear trend as both gold and silver zigzag from rising to falling almost on a daily basis. Despite this zigzag, the prices of gold and silver ended the week…