Crude oil prices continued their rally as they inclined yesterday following the decision of OPEC not to raise oil quota. On the other hand, bullion gold prices fell for the second straight day. Here is a summary of the price…
Gold and silver prices continue to fluctuate with no clear trend as they did in the past few weeks. Let’s examine the precious metals market for today, June 8th: Gold and silver prices – June Gold price finished June 7th…
Major commodities continue to shift with no clear trend as silver prices along with crude oil prices finished the day with moderate rises; gold and natural gas spot price moderately declined. Here is a summary of the main price changes…
Ben Bernanke, the chairman of the Federal Reserve, gave a speech today, June 7th, titled “The U.S. Economic Outlook“. The Fed will complete the recent stimulus plan of purchasing $600 billion worth of Treasury securities by the end of…
Gold and silver prices start the week strong and may further advance as the Greek debt is still affecting the Euro on the one hand, and the concerns over the progress of the US economy is affecting the US dollar.…
The week has started with moderate rises for gold and silver prices and moderate rises in crude oil prices. Here is a summary of the main price changes in energy commodities and precious metals for June 6th: Precious Metals prices:…
Gold and silver prices start off the week with rises as they are probably being affected by the recent disappointing U.S. labor report for the month of May. Will this trend continue? Let’s analyze the precious metals market for today,…
Here is an economic news calendar for the week of June 6th to 10th that highlights the main news items and reports related to U.S., Canada, Australia, China and Europe. (all times GMT): Tuesday 7th of June 5.30 – Reserve…
The precious metals keep on seeking a direction as gold prices didn’t change much during the week, after it completed a 1.5% rally at the previous week; silver price on the other hand fell by 5.5% during the week but…
Here are several recommended posts you may find interesting for the weekend of June 4th: In Forexcrunch, Yohay analyzes the EURO/USD and the effect of the recent publication of the U.S. ISM Non-Manufacturing PMI report on this exchange rate; Forexcrunch…