Gold and silver continued their upward trend from most of last week and rose again yesterday. The U.S pending home sales report came out yesterday and showed a moderate gain in the index: the forward looking index rose by 1.5%…
Major commodities prices increased again on the first business day of the week: the prices of Brent and WTI oil rose on Monday; natural gas Henry Hub future (short term delivery) spiked yesterday; silver and gold prices changed direction and…
Gold and silver changed course and rallied during last week. Will gold and silver continue to rise this week? As I have pointed in the latest precious metals weekly outlook, several reports and decisions will unfold during the forthcoming week…
Gold and silver changed course and rallied during last week. Was the recent rally a correction to the plunge in precious metals prices from the previous week? Was it a shift in market sentiment? Or was it a short term…
Major commodities including oil, gold and silver rallied last week after they had tumbled a week earlier. Equities and forex markets haven’t done much during last week. The focus of attention might shift back to forex as many important meetings…
Gold and silver changed direction from their downward during the past couple of weeks and rallied during last week. Specifically, the price of gold rose by 4.18% and silver by almost 3.5%. Was this rally a correction to the sharp…
Precious metals along with other commodities such as crude oil continue their recovery from last week’s tumble. This correction might hint that the upcoming U.S GDP report that will be published today might not be positive and could even show…
The bureau of economic analysis published today April 26th its first estimate of the growth rate of the U.S. Gross Domestic Product for Q1 2013. Based on the recent report, U.S output of goods and services growth rate rose by…
The prices of gold and silver bounced back on Wednesday after they had declined a day earlier. Their recent rally coincided with the recovery of other commodities prices such as oil. U.S durable goods report came out yesterday: the report…
Leading commodities prices bounced back and rose on the third business day of the week: the prices of Brent and WTI oil changed direction and sharply rose on Wednesday; natural gas Henry Hub future (short term delivery) continued to trade…