Gold and silver prices started off the week with very sharp gains. Yesterday’s gains were the sharpest this month (so far), which only goes to show how February is much less volatile than January. Currently gold and silver prices are…
Major commodities prices started off the week on a positive note as crude oil prices and metals prices such as gold and silver sharply increased yesterday. Some consider this rally to be related with the recent news from EU regarding…
Yesterday, the U.S markets were closed due to President’s Day so there weren’t any updates on gold and silver prices. Earlier today, The EU ministers of finance approved the €130 billion bailout package for Greece. The Euro ended up yesterday…
As many had anticipated, the EU finance ministers approved today the second bailout of €130 billion for Greece. This bailout came after many hours of deliberations and after the EU finance ministers impeded their approval since last week. What does…
The EU ministers of finance approved the second package of the Greek bailout of €130 billion. This news may have helped rally the Euro and other currencies against the USD during the first day of the week. Due to President’s…
Gold and silver prices ended the week with little changes as they only slightly declined on Friday. The U.S. CPI rose by 0.2% during January according to a recent report which was published on Friday. Yet this news didn’t cause…
Here is a short recap of the developments in gold and silver prices during the week of February 13th to February 17th; this overview includes a short description of the changes in the markets that were related to the recent…
During last week the energy commodities prices rallied especially natural gas prices; many currencies including the Aussie dollar and Canadian dollar also appreciated against the US dollar; on the other hand, precious metals prices and the Euro didn’t do much…
According to the recent report of the Bureau of Labor Statistics, the U.S inflation for January 2012 slightly rose by 0.2% and in annual terms the US inflation rose by 2.9%. The consumer price index without food and energy also…
Gold and silver prices didn’t do much during the passing week as they have zigzagged around their levels form a week earlier. The news from Greece regarding its struggle to receive the next bailout package from the EU, and the…