Gold and silver prices continue to rise very sharply; gold price reached a new high yesterday at $1,666 – the highest price level in 2011; crude oil prices fell for the fourth straight business day; natural gas spot price (Henry…
The bullion market continues to heat up even after the House raised the US debt ceiling; this news strengthened the US dollar against other currencies, but the market seems to raise the ante and continues to bet on gold and…
Gold and silver prices bounced back and finished yesterday in the green after they had declined on Monday; crude oil prices fell for the third straight business day; natural gas spot price (Henry Hub) very moderately inclined. Here is a…
The House of Representatives votes yesterday to raise the US’s debt ceiling; this news pushed US dollar up very swiftly while gold and silver prices were traded down; currently, however gold and silver prices are traded up. Today, the U.S.…
Following the vote in House of Representatives in which the $2.1 trillion US debt ceiling hike was approved, the US dollar soon followed and appreciated against major currencies mainly the Euro. Major commodities started August with falls as gold and…
As expected, the House of Representatives voted for raising the U.S.debt limit ; this approval was made possible after very long deliberations over the weekend between Democrats and Republicans; in the end, the two parties agreed to raise the US debt ceiling,…
The debt ceiling was raised by $2.1 trillion and the financial market has gained back some of its stability. Gold and silver prices started off the month with small changes. Today, the U.S. ISM Manufacturing PMI report will be published. …
The talks over raising the US debt ceiling have ended yesterday with a raise of $2.1 trillion. Now that this issue was resolved, the aftermath will start including whether rating agencies will downgrade the US credit rating. This week there are…
Gold price bounced back and finished the week strong during the last week of July; silver price, on the other hand, finished the week below the price level it had started the week at; both precious metals’ prices finished the…
Last week continued to revolve around the US debt ceiling talks and the effect this news had on the financial markets. The US GDP 2011 was published yesterday and showed a 1.3% annual growth rate in Q2011. Here are several…