Gold and silver prices continued their descent with no clear end in sight. Furthermore other commodities prices including crude oil also declined; natural gas future changed direction and hiked. The Euro sharply fell against the USD. Other exchange rates also…
Today, the U.S. Census Bureau reported on the number of new homes sold in the U.S during April 2012: new homes sales rose compared with the number of homes sold during March 2012. According to the recent update, during April…
Gold and silver prices change direction and declined again after they have both spiked in the last two days of last week. On today’s agenda: U.S. Existing Home Sales (update: Housing sales rose in April), BOJ Rate Decision, Great Britain…
The U.S real estate market picked up in April as the U.S. existing homes sales rate rose during April 2012 by 3.4% (M-o-M); this news comes after it was reported last week that there was a rise in housing starts…
Gold and silver prices changed direction from their two day rally during the end of last week and resumed their downward trend during yesterdays trading. Â On the other hand crude oil prices rose; natural gas future tumbled down. The Euro…
Gold and silver prices continued their rally on Friday and thus completed a two day recovery after both metals had declined during most of the month so far. On today’s agenda: FOMC Member Lockhart Speaks. Currently precious metals prices are…
Last week gold and silver prices changed direction from a downward trend to a sudden steep increase on Thursday and Friday. Could this mean there is some fundamental shift in the bullion market that warrants such a shift? The main…
Following the recent developments in the Greece in which it was decided there will be elections on June 17th the Euro took a dive and was traded down most of the week against the USD. The recent publications from the…
The precious metals market changed direction during the second part of the week. Both metals started off the week falling along with the rest of the commodities markets and Forex rates (e.g. the Euro/USD). In Europe the conditions haven’t improved:…
Gold and silver prices continued their rally and ended the week on a positive note. Crude oil (WTI) on the other hand continued its descent; natural gas future spiked. The Euro also changed direction and traded up against the USD.…