Category: Gold

Weekly Outlook for 6-10 February

Following the low intensity week for major commodities as gold and silver prices didn’t do much during the first week of February, the upcoming week is filled with many news items and decisions to be made that could affect the…

Gold & Silver Prices – Daily Outlook February 3

Gold and silver prices continued their upward trend of recent weeks as they have slightly advanced again during yesterday’s trading. This rally might change direction, depending on the upcoming results of the U.S. payroll report, which will be published today;…

Gold & Silver Prices – Daily Outlook February 2

Gold and silver were traded up on the first day of the month, even though other commodities such as crude oil were traded down. Yesterday the Euro and Australian dollar also appreciated against the U.S. dollar. Currently price of gold…

U.S. PMI Manufacturing Index Increased to 54.1%

Today the U.S. Manufacturing ISM report came out; according to it the U.S. Manufacturing PMI growth rate augmented again to 54.1% during January. The U.S. Manufacturing PMI is an index that presents the economic progress of the U.S. manufacturing sector;…