Category: Gold

Gold and Silver End the Week Rising –Recap January 27

Gold and silver prices ended the week with slight gains; WTI oil price slipped while Brent oil moderately rose; natural gas future price bounced back from Thursday’s falls and sharply rose on Friday, while the spot price sharply decreased yesterday.…

Gold & Silver Prices – Daily Outlook January 27

Gold and silver prices sharply increased for the second straight day after the FOMC announced on Wednesday it will keep the interest rates low until late 2014. Currently, gold and silver are traded with little changes. Today, the U.S. GDP…

Gold and Silver Continued Their Rally –Recap January 26

Gold and silver prices continued their rally and sharply rose again during Thursday’s trading; crude oil also traded up yesterday; natural gas future price changed direction and fell while the spot price sharply increased yesterday. The Euro and other currencies…

U.S GDP Q4 2011 Grew by 2.8%

The bureau of economic analysis published today its first estimate of the growth rate of the U.S. GDP in the fourth quarter of 2011: According to the report, the growth rate of the real U.S GDP 2011 in the fourth…

U.S. New Home Sales Slightly Fell in December 2011

Today, the U.S. Census Bureau updated on the number of new homes sales in the U.S during December 2011: new homes sales slightly fell again compared with November. According to the recent report, during December 2011 the annual rate of…

U.S. Pending Home Sales Fell in December 2011

According to the recent U.S. pending homes sales report the market changed direction as  pending home sales fell during December 2011; on the other hand the December 2011 U.S. pending home sales index was well above the December 2010 index.…

Gold & Silver Prices – Daily Outlook January 26

Gold and silver prices rallied on Wednesday following the FOMC’s pledge to keep the low interest rates until late 2014. This news also reignited the speculation around whether the Fed will issue another stimulus plan in the near future. Currently,…

Gold & Silver Prices – Daily Outlook January 25

Gold and silver prices changed direction and moderately slipped during yesterday’s trading along with other commodities prices such as curd crude oil prices. Currently, gold and silver are traded sharply up. Today, the FOMC statement and rate decision will be…