Major commodities prices changed direction and slipped during yesterday’s trading. Gold and silver were traded down; crude oil prices also declined despite the recent news of EU’s sanctions on Iran to boycott its oil; natural gas price continued its rally…
In the first Federal Open Market Committee meeting for the year, which was concluded today, January 25th, it was announced the Fed will the keep currently low interests rates until late 2014; gold and silver prices sharply increased following this…
In recent months there has been a near paradigm shift in the precious metals market that goes against basic market analysis of supply and demand. I’m referring to the recent change in which gold price became higher than the price…
Gold and silver prices continue their January upward trend. Yesterday other commodities also rallied including oil and gas. Currently, gold and silver are traded with moderate changes. Today, the Euro Area Manufacturing PMI report will be published, the Canadian Retails…
Major commodities prices started off the week with sharp gains especially for the energy commodities including crude oil prices and natural gas prices. The Euro and other currencies including Canadian dollar rallied from Friday’s falls and appreciated against the U.S.…
Gold and silver ended the week with moderate gains and thus continued their January rally. Will this rally continue today? Currently, gold and silver are rising. In the meantime, speculators continue to raise their bet on precious metals the most…
Here is a weekly recap for gold and silver prices for the week of January 16th to January 20th that includes a description of the recent developments of gold and silver prices via chart analysis and highlights of the main…
Following the sharp changes in the Forex markets, partly due the S&P’s announcement to cut the credit rating of France and Austria, this week will start with the news of S&P estimates a negative outlook for the European Union. During…
Gold and silver kept their upward trend they have had during most of the first month of 2012. Despite the announcement over the last weekend by S&P to downgrade France and several other EU countries’ credit rating, France and Spain…
The U.S real estate market continues to show signs of recovery as the U.S. existing homes sales rate rose during December 2011 by 5%; this news however doesn’t coincides with the recent decline in the housing starts, which was announced…