Retails and foods services sales slightly rose again in January 2012 compared with December 2011’s sales, and were also above the sales at January 2011. The U.S. Department of Commerce issued its monthly report on the change in the U.S.…
The Euro Area GDP contracted by a rate of 0.3% during the fourth quarter of 2011; this drop in GDP is mainly due to the contraction of Germany’s economy during the quarter by 0.2%. This contraction is the first time…
Precious metals prices started off the week with slight changes as gold price moderately declined and silver slightly rose. Following the approval of the austerity plan by the Greek parliament, the riots in Greece continue and raise the question whether…
Crude oil prices started off the week on a positive note as both WTI and Brent oil prices rose. Gold and silver prices didn’t move much yesterday; natural gas prices sharply decreased. The Euro slightly depreciated against the USD; other…
Precious metals prices ended the week falling after they had changed directions during last week. It was reported today that Hedge funds raised their bets on commodities in anticipation of rising commodities prices due to expected growth of the U.S.…
Here is a short recap of the developments in gold and silver prices during the week of February 6th to February 10th; this overview includes a short description of the changes in the financial markets that are related to the…
During last week the developments in Greece were among the main news items that draw the attention of the financial community. On Sunday the Greek Parliament will vote on the new austerity plan in order to receive from the EU…
Gold and silver prices changed directions during the week as they have both shifted from gain to loss throughout the week with no clear trend or direction. The recent developments in Greece were that its parliament had passed an austerity…
Precious metals prices continued to shift from gains to losses as gold and silver prices ended the week falling. Crude oil prices also shifted from greed to red during yesterday’s trading; natural gas prices nearly didn’t change and only moderately…
Precious metals prices continue to zigzag with no clear trend as they have rallied yesterday from Wednesday’s falls. The news from Greece of approving the recent austerity plan didn’t impress traders as the Euro only slightly rose on Thursday. Currently…