The prices of gold and silver changed direction again and this time tumbled down. It seems the recent FOMC decision didn’t help rally precious metals prices. Yesterday, several U.S reports came out: retail sales rose by 0.3% during November; the…
According to the recent producer price index monthly report, which was published yesterday, the PPI for finished goods fell again by 0.8% in November compared with October’s index. This report serves as an indicator for the developments in the U.S…
Many commodities prices changed direction and fell on the fourth business day of the week: WTI and Brent oil prices decreased yesterday; the prices of gold and silver also fell on Thursday; natural gas Henry Hub future (short term delivery)…
The prices of gold and silver bounced back and rose yesterday following the recent FOMC decision to expand QE3 as the Fed will start purchasing long term treasuries at a pace of $45 billion per month. This purchase program is…
Retails and foods services sales changed direction from the previous month and slightly rose by 0.3% in November 2012 compared with October’s sales and were also above the sales at November 2011. The U.S. Department of Commerce (pdf file) published…
Many commodities prices rose on the third business day of the week following the recent FOMC decision to expand QE3 and purchase long term treasuries at a rate of $45 billion per month: WTI and Brent oil prices increased again…
The prices of gold and silver changed direction and declined yesterday despite the depreciation of the USD against major currencies including the Euro and Aussie dollar. The low volatility in the precious metals continued but might start to rise in…
The FOMC concluded its last meeting this year and as the market had anticipated, the Fed announced it will expand QE3 that will include in addition to the Fed purchasing mortgage-backed securities at a pace of $40 billion per month;…
Many commodities prices moved in a mixed trend on the second business day of the week as many commodities investors are plausibly awaiting for the announcement of the FOMC tomorrow: WTI and Brent oil prices slightly increased yesterday; the prices…
Gold and silver started off the week slightly rising. Will this trend continue? Yesterday, China’s trade balance report came out and revealed China’s exports rose by a much lower pace than many had anticipated. This news, however, didn’t seem to…