The prices of gold and silver continued last week their downward trend. Will this downward trend progress this week? The U.S manufacturing PMI edged up during October to reach 51.7%; jobless claims decreased by 9k to reach 363k. These reports…
The price of gold rose during the third quarter of 2012. It’s very intuitive to assume that the rise in price of gold will pull up the profit margin of major gold producers. Let’s examine the recent financial results (third…
During last week, major commodities prices tumbled down; this includes oil, silver and gold. The U.S non-farm employment increased 171k jobs in October. This report, however, had a negative effect on commodities prices on Friday. Last week, several other reports…
Precious metals rates resumed their downward trend during last week. Their sharpest decline came on Friday following the publication of the U.S non-farm payroll report, in which 171k jobs were added during October. This positive report slightly eased the concerns…
Many commodities were down on the final day of the week following the publication of the U.S non-farm payroll report and the recent crude oil and natural gas EIA weekly updates: WTI oil and Brent oil declined on Friday; the…
The prices of gold and silver changed direction again yesterday and declined for the first time in the past three days. The U.S manufacturing PMI edged up to 51.7; U.S jobless claims declined by 9k to reach 363k. Currently, the…
The U.S. employment increased by a higher rate than many had anticipated during October: according to the recent U.S. employment report, which was published today, November 2nd by the Bureau of Labor Statistics the number of non-farm employees grew by…
Many commodities were traded in a mixed trend on the fourth day of the week and on the second trading day of week in New York following Hurricane Sandy: WTI oil rose again while Brent oil also changed direction but…
The prices of gold and silver rose again yesterday and thus completed a two day rally. Many other commodities also increased yesterday. The markets in NY open yesterday for the first time following Hurricane Sandy. China’s manufacturing PMI rose to…
Many commodities rates increased on the third day of the week and on the first trading day of week in New York following Hurricane Sandy: WTI oil rose again yesterday while Brent oil changed direction and slipped; the prices of…