Gold continued to rally and completed by yesterday a four day rally; silver on the other hand, edged down on Wednesday; crude oil resumed their descent and declined during yesterday’s trading; natural gas future price also decreased, while the spot…
The Bureau of Labor Statistics published today the recent report of the U.S CPI for May 2012. According to the publication the consumer price index fell by 0.3% and in annual terms the US CPI increased by 1.7%. The consumer…
Gold and silver rose for the second consecutive day. Today there are a couple of bond auctions that will take place including Germany and U.S. Italy will also sell bonds later this week (will seek at least €9.5 billion). If…
Oil and Natural gas changed direction and after their tumble on Monday, both energy prices managed to rally on Tuesday; WTI and Brent oil rose by little under one percent; natural gas future price also increased by a similar rate,…
According to the latest producer price index monthly report, which came out today, the PPI for finished goods tumbled down by 1% in May compared with April’s index. This report serves as an indicator for the changes in the U.S…
Retails and foods services sales edged down in May 2012 compared with April 2012’s sales, but were above the sales at May 2011. The U.S. Department of Commerce published its monthly update on the shifts in the U.S. retail and…
Gold and silver started off the week with little movement as both metals shifted from gains to losses throughout the day (Monday) until both metals settled in the green column. There are renewed speculation around another stimulus plan by the Fed after Fed bank…
Oil and Natural gas started off the week falling: Brent oil tumbled down by a much higher rate than WTI; natural gas future price also plunged by almost 4%; gold and silver prices didn’t so much yesterday as both metals…
Gold and silver prices managed to level out on Friday after their sharp fall on Thursday. On Friday the U.S trade balance report came out and showed the goods and services deficit fell during April to $50.1 billion. The recent…
Last week gold and silver prices started off the week with little movement, but by Thursday both precious metals tumbled down after the testimony of Bernanke didn’t deliver in relaying whether another QE program might be issued in the near…