Category: Gold

Weekly Outlook for 27 February – 2 March

During last week major commodities prices made a comeback and sharply rose during most of the week including gold, silver and crude oil prices. The conclusion (for the time being) of EU-Greece standoff which resulted in EU leaders approving the…

U.S New Homes Sales Declined in January 2012

Today, the U.S. Census Bureau updated on the number of new homes sales in the U.S during January 2012: new homes sales slightly declined again compared with December. According to the recent report, during January 2012 the annual rate of…

Gold & Silver Prices – Daily Outlook February 24

Gold and silver prices sharply increased yesterday and thus are about to complete one of their best performing weeks in February.  Currently gold and silver prices are declining. Today, the U.S. new home sales report will be published and the…

Gold and Silver Continued their Rally –Recap February 23

Many commodities prices continued their rally: crude oil prices sharply increased; gold and silver also sharply rose; natural gas future price slipped yesterday. The Euro sharply appreciated against the US Dollar along with other major currencies (Canadian dollar) against the…

Gold & Silver Prices – Daily Outlook February 23

Gold price continued its upward trend and moderately increased yesterday, while silver changed direction and was traded down.  Currently gold and silver prices are increasing. The recent manufacturing PMI reports showed that EU and China’s manufacturing might have shrunk during February.…

Gold and Oil Continued to Trade Up –Recap February 22

Many commodities prices continued yesterday their upward trend but at a slower pace than they have had on Tuesday: crude oil prices moderately increased; gold price also rose, while silver slightly declined; natural gas future price also rose yesterday. The…