Category: Gold

Gold and Silver Prices – Daily Outlook for November 21

Gold and silver continue seek direction as both metals changed direction and declined yesterday.   Precious metals’ fall coincided with the decline in other related markets such as crude oil and stocks. Bernanke’s speech referred to the importance of Congress to…

Gold and Silver Prices – Daily Outlook for November 20

Gold and silver changed direction again and sharply increased yesterday. Precious metals’ rally coincided with the rise in other related markets such as oil, stocks, and Euro. The renewed optimizing regarding the progress of Congress in dealing with the fiscal…

U.S Housing Starts Rose by 3.6% in October 2012

According to the recent U.S. Census Bureau report referring the new residential construction statistics for October 2012, the annual rate of housing starts rose again while rate of building permits declined. This report sends a mixed signal as to the…

Gold and Silver Prices Outlook for November 19-23

The prices of gold and silver changed direction again last week and edged down. Moreover, the high volatility of precious metals from the beginning of the month has eased down during last week. Will this low volatility continue during this…