Category: Gold

Weekly Outlook for 21-25 November

During the week there are several important reports to be published that may influence forex and commodities traders including: U.S. existing home sales report, FOMC meeting minutes Euro Area’s Manufacturing and Great Britain’s revised GDP report for Q3 2011. Here…

Gold & Silver Prices | Weekly Recap 14-18 November

Gold and silver prices started off the week, much like the previous week, with very moderate changes; as the week progressed, the speculation around the recent news from Fitch, the rating agency, that leading U.S. banks are exposed to European…

Gold & Silver Prices – Daily Outlook November 18

Gold and silver prices took a dive and along with other commodities such as crude oil, the precious metals’ prices sharply declined yesterday; by doing so, the rally of gold price during November was erased in a single day.  This…

Gold and Silver Sharply Fell Yesterday –Recap November 17

Major commodities prices changed direction and sharply fell yesterday along with the rest of the markets including American stock markets: gold and silver prices sharply declined; crude oil prices also followed and plummeted; natural gas future prices changed direction and…

Gold & Silver Prices – Daily Outlook November 17

Gold and silver prices continue to seek direction as they have slightly slipped yesterday after they had moderately inclined on Tuesday.  There is still no new development in regards to the European debt crisis, but once there will be, it…

U.S Housing Starts Slightly Declined in October

According to this month’s U.S. Census Bureau report of the new residential construction statistics for October 2011 there was a sharp increase in building permits but a very moderate slip in housing starts. Privately owned Housing starts slightly declined in…

Philly Fed Index Still Growing but at a Slower Pace

Today the recent release of the Philly Fed Manufacturing Index for November was published: this survey showed the U.S. manufacturing conditions are still expanding, but at a slower rate than in October; the November Philly Fed index declined from +8.7…