The financial community’s interest continued to revolve around the news that came pouring in from Europe during last week including the political changes in Italy and Greece that stir up the forex, stocks and commodities markets throughout the week. The…
Category: Gold
Gold & Silver Prices | Weekly Recap 7-11 November
Gold and silver prices changed directions throughout the week with no clear trend, resulting in gold price and silver price ending the week slightly below their starting point. On the other hand, gold and silver average weekly prices were higher…
Gold and Silver Prices Rallied on Friday –Recap November 11
The financial community seems to have calmed down in regards to the situation in Europe in particular vis-à-vis Greece and Italy; major commodities prices continued to rally and sharply rose on the last day of the week along with rally…
Gold & Silver Prices – Daily Outlook November 11
Gold and silver prices declined again yesterday for the second straight day following the ongoing development from Europe that produce news on an hourly basis. Currently gold and silver prices are traded with moderate change. Today, China’s new loans report…
Gold and Silver Prices Continued to Decline –Recap November 10
With all the news items pouring in from Europe regarding the political changes in Greece and Italy, the financial markets were unstable and shifted directions throughout the day; by the end of the business day: gold and silver prices decline,…
European Debt Crisis – News Update November 11th
Following the news from Italy that Silvio Berlusconi will step down from the position of Prime Minster the stability of Italy’s financials became unstable with sharp rises to Italy’s long term yields; ECB’s announcement to purchase Italian bonds helped stable the markets…
Gold & Silver Prices – Daily Outlook November 10
Gold and silver prices changed direction and the concerns of the European debt crisis including the news from Italy and Greece (see below) may have caused the sharp fall for the Euro that may have also affected gold and silver prices…
Major Commodities Changed Direction and Fell –Recap November 9
Major commodities prices shifted direction and after they had risen on Tuesday, they declined on Wednesday: gold and silver prices declined by a moderate rate, crude oil prices also moderately declined. Natural gas spot prices on the other hand kept…
Gold & Silver Prices – Daily Outlook November 9
Gold and silver prices continued to rally and moderately inclined yesterday. The news from Greece and Italy continues to pour in but doesn’t seem to have much of an effect on the commodities and forex markets (for the time being).…
Major Commodities Continued to Rally –Recap November 8
Major commodities prices sharply inclined yesterday and thus continued the positive upward trend precious metals and most energy commodities enjoyed in recent days: gold and silver prices rose by a moderate rate, crude oil prices also slightly inclined. Natural gas…