Gold and silver prices continued their rally and finished the week with sharp rises for the second straight week. The upward trend continued probably due to Bernanke’s testimony, the ongoing uncertainty around the European debt, and ongoing rapid growth of…
Major commodities prices finished the week rising, this includes gold and silver prices among the precious metals prices and crude oil and natural gas prices among the energy commodities prices. Here is a summary of the price movements of precious…
In the recent report of the Bureau of Labor Statistics, the US inflation for June 2011 declined by 0.2% or in annual terms it rose by 3.6%. The prime reason for the decrease was related to the drop in…
Gold and silver prices kept on rising yesterday despite the bounce back of the US dollar from Wednesday’s sharp falls. Today, the US consumer price index will be published. Let’s examine the news of the day related to the precious…
Gold price continues to rise and reach new highs; Silver price also finished the day with rises; Crude oil price shifted direction again and finished the day with falls; natural gas price also fell. Here is a summary of…
Gold and silver prices rose very sharply yesterday over the news of Bernanke’s testimony and Moody’s rating warnings over US debt concerns. Today, the US producer price index will be published along the US unemployment claims. Let’s examine the news…
The GDP of China rose in the second quarter by 2.2% (Q-2-Q), which is nearly 9.6% in annual terms. This is nearly the same rate as in the first quarter in which the annual growth rate was 9.7% and the quarterly…
Gold price continues to break new highs and is nearing the $1,600 mark; Silver price experienced yesterday its sharpest gain in 2011; Crude oil price continues its rally and moderately incline; natural gas price also continued to rise. Here…
Gold price continues its rally as it rose for six consecutive days; gold and silver prices are currently traded up on the weak US dollar . Today, the Chairman of the Fed will testify, the Eurostat will publish the Euro…
Gold price continues its charge as the Euro and US dollar further weakens against other major currencies. Crude oil price (WTI spot oil) bounced back from its falls and inclined; natural gas price continued to incline as well. Here…