Category: Gold

U.S. PMI Manufacturing Index Sharply Rose to 52.7%

Today the U.S. Manufacturing ISM report was published and the U.S. Manufacturing PMI rose to 52.7% during November. The U.S. Manufacturing PMI – an index that presents the economic activity in the U.S. manufacturing sector, rose for the 28th consecutive…

Gold and Silver ended November Rising –Recap November 30

Major commodities ended November on a positive note as their prices inclined along with the rest of the major financial markets including the American and European stock markets; this rally came following the announcement that five prime Central banks including…

Gold & Silver Prices – Daily Outlook November 30

Gold and silver prices moderately changed yesterday with no clear trend. Italy’s bond sale gone well and may have indicated a slight positive sentiment in the financial markets in regards to the recent changes in Italy. Today the U.S Pending…

U.S. Consumer Confidence Rallied in November

Following the slight decline in the U.S consumer confidence index during October, this index rallied in November. According to the last U.S. consumer confidence survey, the consumer confidence index bounced back in November compared with October’s index: The index reached…

Gold & Silver Prices – Daily Outlook November 29

Gold and silver prices started the week with sharp rises, after they had declined on Friday. Major commodities prices such as crude oil prices also rallied yesterday. The news of Fitch’s negative outlook on U.S. might influence trades during the…