The prices of gold and silver tumbled down yesterday. Their sharp fall coincided with the depreciation of the many “risk related currencies” such as Euro and Aussie dollar against the USD and other commodities prices such as crude oil. Nonetheless,…
Many commodities traded mostly down on Wednesday: the prices of Brent oil and WTI oil sharply declined on Wednesday; natural gas Henry Hub future (short term delivery) changed course and inched up yesterday; the prices of silver and gold continued…
Based on the recent producer price index monthly update, which was published yesterday, the PPI for finished goods changed course and rose by 0.2% in January compared with December’s index. This report serves as an indicator for the developments in…
The prices of gold and silver continued to decline yesterday. Currently gold and silver are tumbling down. Some consider the news of the minutes of the FOMC meeting may have contributed to the sharp fall in precious metals prices. On today’s agenda:…
Many commodities traded in a mixed trend again on the first business day of the week: the price of Brent oil declined while WTI oil rose on Tuesday; natural gas Henry Hub future (short term delivery) changed direction and spiked…
According to the latest U.S. Census Bureau report regarding the new residential construction statistics for January 2013, the annual rate of housing starts declined while rate of building permits edged up. This report sends a mixed signal as to the…
The rates of silver and gold declined during last week. The CME market was closed yesterday on account of the U.S holiday. Will gold and silver resume their downward trend? Currently gold and silver are edging up. The minutes of…
The price of gold has started off the year on a negative note and has lost nearly 3.9% of its value (year to date). Major gold companies have suffered from the weakness in the gold market and might continue to…
The prices of silver and gold tumbled down during last week. Their decline may have been stem from the recent news regarding the decision of big investors such as Soros to cut their holdings in gold. Will gold and silver…
Gold and silver prices plummeted last week, mainly by the end of the week. The new around the decision of big investors such as Soros and Bacon to reduce their holdings in gold related investments may have contributed to the…