This week several U.S related news items could stir up the markets again including: GDP for the first quarter of 2014, core durable goods, jobless claims, consumer confidence, and pending home sales. Canada’s current account and GDP by industry are…
Gold and silver kept their stagnation as prices didn’t move much on a weekly scale. The recent release of the minutes of the FOMC didn’t stir up the markets as FOMC members didn’t change by much their economic outlook or…
Gold and silver slightly rose last week but on a monthly scale they are still nearly flat lined. Even the forex market also showed signs of unclear trend and the U.S rallied against the Euro but fell against the yen…
Leading commodities prices including oil and gold rallied last week; in the forex market the USD rallied against the Euro but depreciated against the Japanese yen and Canadian dollar. For the week of May 19th to May 23rd, several reports,…
Gold and silver continued to flat line during last week as both precious metals ended up slightly higher than the previous week. In the U.S, several reports showed some mixed signs regarding its progress: jobless clams dropped again by 24k to…
The first quarter earning reports of Barrick Gold (NYSE: ABX), a leading gold producer, was recently released. This quarterly report didn’t impress its investors and the company’s stock keeps falling. But is it all that bad? Let’s take a closer…
This week, Yamana Gold (NYSE: AUY) will release its first quarter earnings report. In anticipation for its publication, here is a last minute breakdown of the current expectations. Expectations Analysts estimated the company’s revenue reached nearly $450 million — a…
Gold and silver resumed their downward trend and slowly descended during last week. Janet Yellen’s recent testimony may have dragged down the prices of gold and silver as she reiterated her view that the U.S economy is on the right…
Leading commodities markets cooled down in the past week as the prices of precious metals, natural gas and oil declined. This week, many news items of the agenda including: Janet Yellen’s speech, U.S retail sales, China’s industrial production, BOE’s Governor …
Gold and silver resumed their downward trend during last week. The recent testimony of FOMC Chair Yellen, in which she reiterated her view that the U.S economy is on the right track towards improvement, may have dragged down the prices…