Today the U.S. Manufacturing ISM report was published and the U.S. Manufacturing PMI reached 50.8% during October. The U.S. Manufacturing PMI, which is an index that shows the economic activity in the U.S. manufacturing sector, grew for the 27th consecutive…
Category: Gold
Gold & Silver Prices – Daily Outlook November 1
Gold and silver prices sharply fell on the last day of October after they had risen during recent weeks. Today the FOMC meeting will commence; the statement of the FOMC decisions followed by Bernanke’s press conference will be held tomorrow.…
October Ended with Sharp Falls for Gold and Silver –Recap October 31
The month of October ended with sharp falls for gold and silver prices; crude oil prices also slipped. On the other hand natural gas prices ended the month with light gains. Here is a summary of the price movements of…
Gold & Silver Prices – Daily Outlook October 31
Gold and silver traders enjoyed from sharp gains to gold and silver prices during most of last week. The G20 summit, the FOMC meeting, the ECB rate decision and the U.S. labor report are the main events for the upcoming…
Weekly Outlook for October 31 – November 4
The last week of October was very turbulent in the financial markets as the EU summits came to a conclusion on Wednesday with an agreement on the EU debt crisis and the U.S GDP news also helped the prices of…
Gold & Silver Prices | Weekly Recap 24-28 October
Gold and silver prices recorded a huge comeback during last week after they had slipped a week earlier. The EU debt crisis was the center of attention during last week as there were two EU summits and in the second…
The Week Ended with Light Changes in Commodities–Recap October 28
After the sharp gains recorded on Thursday to major commodities, Friday ended with a slower trading day as major commodities prices slightly changed: crude oil prices slipped; gold price slightly declined while silver price rose again. On the other hand…
Gold & Silver Prices – Daily Outlook October 28
Gold and silver prices recorded additional sharp gains yesterday following the European Union agreement on debt reduction for Greece; the news of the U.S GDP growth in Q3 may have also helped push commodities prices up as the confidence in…
Sharp Gains for Gold Silver and Oil –Daily Recap October 27
Major commodities got a big bump yesterday after the news of EU leaders reaching an agreement on the debt crisis resolution, and the news of the U.S. GDP growth rate reaching 2.5% broke; these news items seem to have helped…
U.S GDP Q3 2011 Grew by 2.5%
The bureau of economic analysis published today its advance estimate of U.S. GDP 2011 third quarter of 2011: According to the report, the growth rate of the real U.S GDP 2011 in the third quarter of 2011 was 2.5%; in…