Category: Gold

Gold and Silver Ended the Week Rising–Recap January 20

Gold and silver ended the week rising after they had slipped on Thursday; energy commodities prices including oil prices declined; natural gas prices sharply fell again on Friday; the Euro and other currencies such as Canadian dollar slightly depreciated against…

Gold & Silver Prices – Daily Outlook January 20

Gold and silver prices changed direction and after they had risen for two consecutive days, they have moderately decreased in yesterday’s trading. Other commodities also traded down including crude oil (WTI). Yesterday the U.S. initial jobless claims sharply fell by…

U.S Housing Starts Decreased by 4.1% in December

According to this month’s U.S. Census Bureau report regarding the new residential construction statistics for December 2011 there was a slight decrease in building permits and housing starts. Privately owned Housing starts decreased in December 2011: the seasonally adjusted annual rate reached…

Gold & Silver Prices – Daily Outlook January 19

Gold and silver prices continued their upward trend as they have ended yesterday’s trading with gains. France and Spain will commence their long term bond sales in an attempt to raise as much as €9.5 billion and €4.5 billion worth…

Gold and Silver Continued to Trade Up–Recap January 18

Gold and silver prices slightly increased during yesterday’s trading, even though other commodities such as oil changed direction and declined; natural gas prices continued their downward trend and declined on Wednesday; the Euro and other currencies such as AUD rallied…

U.S PPI Slightly Fell in December – January Report

According to the recent producer price index report, which was published yesterday, the PPI for finished goods slightly decreased by 0.1% December compared to November. This report serves as an indicator for the direction of the U.S core CPI to be…

Gold & Silver Prices – Daily Outlook January 18

Gold and silver prices continue their rally and sharply rose in Tuesday’s trading. France’s debt auction seems to proceed well as the borrowing costs fell. Currently, gold and silver are traded down. Today, U.S. PPI will be published, the U.S.…