The U.S real estate market slowed down in February the U.S. existing homes sales rate moderately decreased during February 2012 by 0.9%; this news comes after it was reported yesterday that there was a slight drop in housing starts during…
Gold and silver prices started off the week rising along with many other commodities prices and major currencies including the Euro. But there is still no clear path for gold and silver prices as both zigzagged from gains to losses…
Gold and silver prices bounced back yesterday after they have traded down on Friday. Crude oil prices moved in different directions as WTI was traded up and Brent oil was traded down; natural gas future rose yesterday. The Euro increased…
According to this month’s U.S. Census Bureau report regarding the new residential construction statistics for February 2012 there was a slight decrease in housing starts but a rise in building permits. Privately owned Housing starts decreased in February 2012: the…
Gold and silver were traded down again on Friday and thus completed a negative performing week. Will this downward trend continue this week? There are reports that following the sharp drop in gold and silver prices, the bets on rising…
The FOMC pledged a couple of months back to keep the currently low interest rates at least until late 2014. Will the Fed keep its pledge at all cost? What might trigger the Fed to flip-flop on its pledge and…
Here is a short overview of the recent developments in gold and silver prices during the week of March 12th to March 16th and an outlook for the upcoming week of March 19th to March 23rd; this includes a short…
The main even from last week that may have affected not only the strength of the U.S dollar but also affected commodities prices mainly gold and silver prices was the FOMC meeting. Bernanke’s speech the following day may have also…
Gold and silver prices resumed their downward trend they have had during most of the month. Their sharpest drop came on Wednesday when gold and silver prices precipitately declined by 3.03% and 4.17% respectively. This decline came a day after…
Gold and silver prices slipped yesterday after they have rallied a day earlier. Crude oil prices on the other hand sharply rose on Friday; natural gas future also traded up but the spot price sharply declined yesterday. The Euro sharply…