Major commodities prices were traded in a mixed trend again on the third day of the week: WTI oil edged up again while Brent oil declined yesterday; the price of silver and gold rose again on Wednesday; natural gas Henry…
The prices of gold and silver changed direction and bounced back from their recent downward trend. Their recent rise coincided with the rally of the Euro and other “risk currencies”. The U.S CPI rose by 0.6% during September. The core…
According to the latest U.S. Census Bureau report regarding the new residential construction statistics for September 2012, the annual rate of housing starts and rate of building permits increased. This report sends a mixed signal as to the developments in…
Despite the highly anticipated decision of the FOMC to start its third quantitative easing program, the price of gold hasn’t performed well during recent weeks. The ongoing debt crisis in Europe hasn’t helped precious metal prices. There are some concerns…
The major commodities prices were trade in a mixed trend on the second day of the week: WTI oil edged up while Brent oil decreased yesterday; gold and the price of silver bounced back and rose on Tuesday; natural gas…
The prices of gold and silver continued their downward trend direction and following yesterday’s tumble they have both returned to their pre-FOMC QE3 decision prices. The recent U.S retail sales report was better than many had anticipated as the retails…
The Bureau of Labor Statistics published today its latest report of the U.S CPI for September 2012. According to the latest update, the consumer price index rose again by 0.6% after it had increased by the same rate in the…
The major commodities prices were trade mostly down on the first day of the week: WTI oil edged down while Brent oil increased yesterday; gold and the price of silver fell again on Monday; natural gas Henry Hub future (November…
Gold and silver, much like the Euro, changed direction and declined during last week. The ongoing speculations around the future steps of Spain in regards to its debt problems might reach a new climax this week in the upcoming EU…
Retails and foods services sales rose by 1.1% in September 2012 compared with August’s sales, and were above the sales at September 2011.This news may have contributed to the decline in gold and silver prices. The U.S. Department of…