Gold and silver continued their upward trend and rallied from Friday’s falls by sharply rising on Tuesday’s trading. Despite S&P’s downgrade of France and eight other EU countries’ credit rating the Euro and other currencies appreciated against the U.S. dollar…
Gold and silver prices continue their upward trend of recent weeks despite their decline on Friday’s trading. Following the recent downgrade of France and eight other EU countries by the credit rating Standard & Poor’s, yesterday the American rating agency…
Gold and silver prices ended the week falling but during most of January they have had an upward trend. The recent downgrade of France’s credit rating from AAA to AA+ by the credit rating Standard & Poor’s may have been…
Here is a weekly recap for gold and silver prices for the second week of 2011, the week of January 9th to January 13th including changes in prices, chart analysis and highlighting the main news that may have affected gold…
Following the rally of precious metals’ prices in the past couple of weeks along with other commodities prices including crude oil prices, this week brings many news items on the agenda that could affect this upward trend including: China’s GDP…
Gold and silver prices continued to recover from the downward trend of December and presented strong numbers during the first couple of weeks of 2012. The ECB’s decision to keep the Euro interest rate unchanged may have helped keep the…
Gold and silver changed direction and traded down along with the rest of the market following the announcement that S&P will cut the credit rating of France and Austria from AAA to AA+. The other leading rating agencies left these…
Gold and silver prices continued their upward trend of the past couple of weeks. Yesterday the ECB decided to keep interest rates unchanged which in turn may have helped keep the Euro strong against the US dollar. . But in today’s…
Gold and silver continued their upward trend and moderately rose in Thursday’s trading; on the other hand, major energy commodities were traded down: crude oil prices declined, and natural gas price continued to sharply decrease. Major currencies appreciated against the…
Retails and foods services sales slightly increased again in December compared with November 2011’s sales, and were also above the sales at December 2010. The U.S. Department of Commerce issued its monthly report on the change in the U.S. retail…