The month of June is behind us and we are upon a new month with same concerns including the Greek debt, among others. Here are several recommended posts regarding the forex and commodities markets of July 2nd: In Forexcrunch,…
Category: Gold
Gold & silver finished June falling – weekly recap 27 June – 1 July
Gold and silver prices finished June with moderate falls during last week; nonetheless, there were sharp changes in direction especially for silver price during the last week of June. The concerns over the Greek debt crisis has subsided once the…
Gold and Oil started off July with falls –July 1
Major commodities started off the month of July with falls; this includes crude oil prices (WTI and Brent oil), gold and silver prices; natural gas spot price, on the other hand started off July with moderate rises. Here is a…
Euro Area unemployment remained unchanged May 2011
The Euro Area unemployment rate remained unchanged during May 2011 on 9.9%; according to the recent Eurostat report, the rate was still lower than the rate of unemployment during May 2010. It’s estimated that nearly 22.378 million people in…
Gold & Silver Prices – Daily Outlook 1 July
Gold and silver prices finished June with moderate changes, but already started off July with falls. As we are entering the long weekend, what will gold and silver prices do today? The European unemployment report will be published today along…
US PMI manufacturing index rose to 55.3, gold prices declined
According to the recent U.S. Manufacturing ISM report regarding the U.S. Manufacturing PMI– an index that estimate the economic activity in the manufacturing sector in the U.S. – inclined during June to 55.3% after it reached on May 53.5%, i.e.…
Major commodities closed the day with moderate changes–June 30
Crude oil prices didn’t changes much yesterday as they closed with WTI spot oil moderately inclining and Brent spot oil moderately falling; Gold and silver prices also finished the day with light changes; natural gas future price on the other…
Oil and gold prices continue their rally –June 29
Crude oil prices (WTI and Brent spot oil) continued to rise and finished yesterday on a high note. Gold and silver prices also rose; natural gas future price moderately declined. Here is a summary of the price movements of precious…
Greek budget cuts were approved Euro rises– June 29
Greek parliament approved today the package of budget cuts proposed by Prime Minister George Papandreou. These budget cuts are estimated at nearly 28 billion euros. This vote was critical for Greece to avoid default on its debt, and was one…
Gold & Silver Prices – Daily Outlook 29 June
Gold and silver prices finished the day with rises and they continue today this upward trend. Today the Greeks will vote on the budget cuts. Yesterday the US confidence report was published which might have affected the gold and silver…