Despite the high expectation that the European Central Bank will lower its basic interest rate, Jean-Claude Trichet, President of ECB, wasn’t pressured and decided to keep the interest rate unchanged at 1.5%; Jean-Claude Trichet, in his last ECB rate decision…
Gold and silver prices continue to seek direction and ended yesterday moderately rising. The continuous rally the U.S. and Europe stock markets were probably driven from the recent bailout plans in the European markets that may have curbed the gains…
Gold and silver prices continue to zigzag and slightly inclined yesterday, after they had declined a day earlier; crude oil prices also sharply inclined; natural gas spot price also changed direction and inclined yesterday. Here is a summary of the…
Today the U.S. non-manufacturing ISM report was published and the U.S. non-manufacturing PMI reached 53.0% in September. The U.S. non-manufacturing PMI, which is an index that estimates the economic activity in the U.S. non-manufacturing sector, grew for the 22nd consecutive…
Gold and silver prices demonstrated during September one of the worst performance in recent years. After the sharp rally in gold price during August as it nearly reached the $1,900 mark, gold price tumbled down to below $1,600 mark, while…
Gold and silver prices zigzagged again as they sharply declined yesterday and thus erasing the gains they had recorded on Monday. The gains the U.S. stock markets over the recent speech of Bernanke and the new hope of finalized bailout…
Gold and silver prices changed direction again and sharply declined yesterday; WTI crude oil price also sharply declined, while Brent oil price bounced back; natural gas spot price continued its downward trend and fell yesterday. Here is a summary of…
Gold and silver prices started yesterday their road to recovery from September’s downfalls as they have registered sharp gains. That being said and currently, gold and silver prices are traded down. Today, the Reserve Bank of Australia will announce its…
Gold and silver prices started the first week of October rising after they didn’t perform well in September (and that was an understatement); crude oil prices, on the other hand, sharply declined on the first business day of October; natural…
Today the U.S. Manufacturing ISM report was published and the U.S. Manufacturing PMI reached 51.6% during September. The U.S. Manufacturing PMI, which is an index that shows the economic activity in the U.S. manufacturing sector, grew for the 26th consecutive…