Category: Gold

Gold and Silver Prices – Daily Outlook for December 6

The prices of precious metals remained nearly unchanged yesterday as gold edged down while silver slightly rose. U.S non-manufacturing PMI slightly rose in November to 54.7 compared to 54.2 in October. This means the non- manufacturing sectors are growing at…

U.S. Manufacturing PMI Index Fell to 49.5%

Today, the U.S. Manufacturing ISM report was published; according to the recent report, the U.S. Manufacturing PMI index declined to 49.5% during November 2012. The U.S. Manufacturing PMI is an index estimating the economic development of the U.S. manufacturing sectors;…

Gold and Silver Prices Outlook for December 3-7

The prices of gold and silver changed direction and declined during most of last week. The high volatility of precious metals during most of last week might continue in this week on account of the many items and events that…