Category: Gold

Gold & Silver Prices – Daily Outlook July 20

Gold and silver prices broke formation and declined yesterday; this shift ended an upward trend of gold price since July 5th. Today, the US existing home sales will be published. Let’s examine the examine the precious metals market for today,…

US Housing starts and building permits rose in June

The real estate market in the US continues to show moderate growth, which could be early signals of a slow recovery in this market. According to the recent U.S. Census Bureau report regarding new residential construction statistics for June 2011:…

Gold & Silver Prices – Daily Outlook July 19

Gold and silver prices continue the upward tend of last week and finished yesterday with rises. Today, several publications will be released vis-à-vis the US real estate market including US building permits and US housing starts; the Canadian bank will make…

US Federal deficit declined to $43 billion in June

According to the recent publication of the Monthly Treasury Statement, the US government deficit reached in June 2011 $43.08 billion; this is a 25% decrease from the $57.641 billion deficit recorded in May 2011, and a decrease of 37% from…

Gold & Silver Prices – Daily Outlook July 18

Gold and silver prices kept on rising during last week, and they continue to do so at this week. Today, the US TIC long term purchases report will be published; the Australian bank will make its decision on the overnight…

Weekly outlook for July 18-22

In the upcoming week the indicators regarding the US housing market will be published such as the US housing starts; Canadian rate will be decided; US TIC long term purchases; Ben Bernanke to testify and many more news items are…