Gold and silver prices continued their downward trend and started off the week the same way they have ended the previous one– falling. Other commodities also fell including crude oil (WTI) and natural gas future. Finally, the Euro also sharply…
The Euro Area GDP didn’t change, i.e. the growth rate remained flat during the first quarter of 2012; this stagnation in GDP is mainly due to the growth in of Germany’s economy during the quarter by 0.5% that compensated for…
Gold and silver continued their descent on Friday following the publication of the U.S PPI report in which the core producer price index rose by 0.2% during April; the core PPI tends to be negatively correlated with gold price and…
Last week gold and silver prices tumbled down and thus are headed (at thus rate) to the worst performing month (so far) in 2012. This upcoming week there are many news items on the agenda that may affect the direction…
Following the results of the French and Greek election the market reacted to this news as the Euro declined during the week and dragged along with it other currencies such as the Aussie dollar and also commodities prices such as…
The precious metals market continued to show weakness all through last week as both gold and silver sharply fell. During the month so far gold has shed 4.82% off its value and silver tumbled down by 6.85%. At the current…
Gold and silver prices resumed their downward trend and ended the week falling. Other commodities also declined including crude oil (WTI); natural gas future continued to trade up yesterday. Finally, the Euro also resumed its descent and thus decreased in…
Gold and silver prices didn’t do much yesterday and gold edged down while silver moderately declined. The U.S jobless claims didn’t reveal a major shift in the number of claims. The American trade deficit increased. Â And China’s industrial output growth…
According to the latest producer price index monthly update, which came out today, the PPI for finished goods declined by 0.2% in April compared with March’s index. This report serves as an indicator for the progress of the U.S core…
Gold price changed direction for the first time this week and edged up on Thursday. Silver price continued its downward trend; crude oil price (WTI) also shifted gears and moderately increased; natural gas future price continued it rally and slightly…