Category: Gold

U.S GDP Q3 2012 Rose by 2%

The bureau of economic analysis published today October 26th its first estimate of the growth rate of the U.S. Gross Domestic Product for the third quarter of 2012. According to the recent update U.S output of goods and services growth…

Gold and Silver Prices – Daily Outlook for October 25

As many had anticipated the FOMC kept its policy unchanged but stated its concern regarding the still elevated unemployment. Gold and silver continued to trade down yesterday along with other commodities including oil and natural gas. Yesterday, it was reported…

Gold and Silver Prices – Daily Outlook for October 24

Gold and silver changed direction again and tumbled down along with other commodities such as oil and stock indexes. Further, this fall coincided with the deprecation of the Euro and other “risk currencies” against the USD. Today the FOMC meeting…

U.S. New Home Sales Rose in September 2012

Today, the U.S. Census Bureau reported on the developments in number of new homes sold in the U.S during September 2012: the number of new homes sales rose compared with the number of new homes sold during August 2012.  …