Today, the U.S. Census Bureau updated on the number of new homes sales in the U.S during October 2011: new homes sales rose compared to September. According to the recent report, during October 2011 the annual rate of number of…
Gold and silver prices ended the week falling as major currencies such as Euro and Australian dollar depreciated against the US dollar. The debate over the budget cuts in the U.S. will continue to occupy the news and may even…
Here is a weekly recap for gold and silver prices for the week of November 21st to the November 25th including changes in prices, chart analysis and the main events and news that may have influenced gold and silver prices…
Following the slow trade from last week due to Thanksgiving holiday and Black Friday in the U.S., many anticipate a high volume of trade coming Monday. The upcoming week, which is also the last week of November, brings many news…
Gold and silver prices started the week, unlike last week, with very sharp price changes; these changes were also felt in other financial markets such as the American stock markets. The Super-Committee in the U.S. was suppose to decide on…
Following thanksgiving the trading in the U.S. was renewed for black Friday in which gold and silver were traded down. Crude oil were traded with a mixed trend as Brent oil slightly declined and WTI oil price rose; natural gas…
Gold and silver prices continue to seek direction, but due to Thanksgiving the trading slowed down. Nonetheless gold and silver are traded down. Here is a market outlook of precious metals prices for the last day of the week, November…
There are a growing number of articles that quote Hedge funds managers who claim to increase their exposure on gold. On Monday, November 21st when gold price sharply declined Bloomberg reported that Hedge Funds cut their bullish bets on many…
I recall that the last time gold price sharply rose was back in August when the markets stirred up over the U.S. debt ceiling debacle which was followed by the S&P’s downgrade of U.S.’s credit rating. Back then gold price…
Gold and silver prices continue to zigzag with no clear trend as they moderately declined yesterday along with the rest of the markets including crude oil prices, American stock markets and Euro/USD. The Super committee’s failure to cut the U.S.…