The prices of gold and silver slightly declined again for the second consecutive day. The low volatility was in other markets including oil, stocks and forex. The recent Euro Summits were concluded with no big headlines regarding Greece’s debt crisis.…
Many commodities were traded down again on the second business day of the week: WTI oil and Brent oil declined again; the prices of silver and gold also fell on Tuesday; natural gas Henry Hub future (December delivery) hiked on…
According to the latest producer price index monthly report, which was published today, the PPI for finished goods changed direction and edged down by 0.2% in October compared with September’s index. This report serves as an indicator for the changes…
Retails and foods services sales changed direction from last month and declined by 0.3% in October 2012 compared with September’s sales but were above the sales at October 2011. This news may have contributed to the rise in gold and…
Gold and silver remained virtually unchanged on the first day of the week as the Euro, Yen and other currencies remained unchanged yesterday. Yesterday’s Euro-group meeting was concluded with little headway as the EU ministers of finance approved Greece’s budget…
Many commodities were traded down on the first business day of the week: WTI oil and Brent oil slightly declined; the price of silver edged down while gold remained unchanged on Monday; natural gas Henry Hub future (December delivery) changed…
Gold and silver changed direction and rallied during last week. Will precious metals continue to rise during this week? As I have pointed out in the precious metals weekly outlook, there are several events and reports that could affect the…
The prices of gold and silver changed direction last week and rose. Will this rally continue this week? The U.S Presidential elections are over. The results of the elections may have contributed to the recovery of bullion rates. Back in…
During last week, major commodities prices zigzagged with high volatility; this includes oil, silver and gold. The U.S Presidential elections are over. In the 2008 elections the prices of commodities also shifted with high volatility during the week of the…
Precious metals rates changed direction again and rallied during most of the week. The U.S Presidential elections are over. The results of the elections may have contributed to the rise in gold and silver. In the 2008 elections the prices…