Category: Gold

Gold & Silver Prices | Weekly Recap 2-6 January

Gold and silver prices started off 2012 with very sharp gains mainly during the first trading day of the year. Since many other financial markets also started 2012 on a positive note including crude oil market and American stock market,…

Gold & Silver Prices – Daily Outlook January 6

Gold and silver prices continued their upward trend and moderately increased  yesterday despite the drop in commodities prices.  The Euro and Australian dollar sharply depreciated against the US dollar. Currently, gold and silver are traded slightly down. Today, the American non-farm…

Gold and Silver Kept on Rising –Recap January 5

Gold and silver prices continued their upward trend and finished yesterday rising; crude oil prices changed direction and ended up yesterday dropping; natural gas prices also declined. Major currencies such as Euro and Australian dollar sharply depreciated against the U.S…

U.S. Non- Manufacturing Index Slightly Rose to 52.6%

Today, the U.S. non-manufacturing ISM report was published and the U.S. non-manufacturing PMI reached 52.6% in December. The U.S. non-manufacturing PMI, which is an index that estimates the economic activity in the U.S. non-manufacturing sector, grew for the 25th consecutive…

Gold & Silver Prices – Daily Outlook January 5

Following the sharp gains recorded on the first business day of 2012 for both gold and silver prices, gold price continued to rise while silver price changed direction and moderately declined.  The Euro also depreciated against the US dollar. France…

Euro Area Inflation Declined to 2.8% December 2011

According to the recent Eurostat report the Euro Area inflation rate slightly slipped by 0.2 percent points to reach an annual inflation rate of 3% in December 2011. This decline comes despite the recent cuts in the ECB’s interest rates.…

Gold & Silver Prices – Daily Outlook January 4

Gold and silver prices started the first trading day of 2012 with very sharp gains. These gains were not only in commodities markets, but also in the American stock markets. It seems that the recent positive reports on the growth…