Major commodities sharply rose on the first day of the week: Gold and silver prices inclined for the second straight business days; crude oil prices sharply inclined – the sharpest gain in a single day since October 5th; natural gas…
Gold and silver prices ended the week with sharp rises after a week long of falls. Some consider that the rally of gold and silver prices is over and others consider there will be sharp gains during this week. All…
I have stumbled upon an interesting article by Paul Krugman, a Nobel laureate in economics; the article offers an explanation for the hike in gold price in the last few years. Krugman, who considers himself a deflationista, i.e. a person…
As we are entering the last week of October all eyes will be set towards the EU summits that will be on Sunday and Wednesday; there are additional events and reports for the upcoming week that could influence the financial…
Gold and silver prices changed direction from the slow climb up the ladder they have experienced in the first couple of weeks of October as they declined during most of last week. The speculation revolving the next move of the…
Gold and silver prices changed direction and after sharply declining throughout the week they have bounced back and closed the week rising; crude oil prices continued to trade with mixed trend as WTI oil price inclined and Brent oil slipped;…
Gold and silver prices sharply fell yesterday and thus gold price completed four days of falls. Currently gold and silver prices are traded up. Today, there will be an ECB Press Conference in which Trichet will speak; the German Business…
Gold and silver prices continued their descent and sharply declined yesterday; this was the fourth straight day in which gold price declined; crude oil prices traded yesterday with mixed trend as WTI oil price fell and Brent oil slightly rose;…
The U.S existing homes sales rate slipped in September 2011 by 3.0%; this news comes despite the recent gains in the housing starts report. According to the recent report of the Realtors’ organization, the annual rate of US existing home…
According to the recent release of the Philly Fed Manufacturing Index, the index showed the U.S. economy is presenting signs of improvement in manufacturing conditions, compared with the previous month’s report; the October Philly Fed index inclined from -17.5 in…