Crude oil prices recovered from the sharp decline they had experienced on Wednesday and slightly rose yesterday. Gold price continued to decline while silver price moderately rose. Major currencies such as Euro and AUD changed direction and slightly appreciated against…
According to the last U.S. pending homes sales report the market continues to rally as there was another increase in pending home sales during November 2011; the November 2011 U.S. pending home sales index was also well above the November…
Gold and silver prices sharply declined yesterday along with the rest of market including crude oil prices, Euro, and major stock market indexes. The recent news from Europe including the recent rise in ECB’s balance sheet to a record high…
Major commodities prices took a dive yesterday after crude oil prices had rose during the past six consecutive business days. Gold and silver prices also plummeted yesterday. The sharp fall in major commodities prices was probably stemmed, in part, from…
Gold and silver prices started the last week of the year with moderate falls. Will this slow crawl down of precious metals prices continue this week? Currently, gold and silver are traded moderately down. Today, the KOF Economic Barometer report…
Major energy commodities prices started the last week of 2011 with sharp gains as crude oil and natural gas prices increased . On the other hand, gold and silver prices continued to decline. Major currencies such as Euro and AUD slightly…
Following the rise in the U.S consumer confidence index during November, this index inclined again in December. According to the recent U.S. consumer confidence survey, the consumer confidence index rose in December compared with November’s index: The index reached in…
Gold and silver prices slightly changed during the past several days and may continue their light changes during the last week of 2011. Currently, gold and silver are traded slightly down. Today, the U.S. consumer confidence report will be published.…
Here is a weekly recap for gold and silver prices for the week of December 26th to the December 30th including changes in prices, chart analysis and the main events and news that may have affected gold and silver prices…
Gold and silver prices changed direction very sharply throughout 2011: despite the sharp gains of gold and silver prices up until September, precious metals prices changed direction during the last quarter of the year and plummeted in a very short…