Gold and silver sharply fell again during most of last week. As the year is winding down and the U.S is getting closer to the fiscal cliff, the debates during this week between the White House and Congress could contribute…
The prices of gold and silver fell during last week. As the year is winding down and the concerns revolving the fiscal cliff might result in a rise in the volatility of precious metals. Furthermore, in the past couple of…
During last week, major energy commodities changed direction and rallied while precious metals continued to trade down. Last week several U.S reports were published: U.S GDP for the third quarter was revised up to a growth rate of 3%; the…
Gold and silver resumed their downward trend and declined during last week. The discussions around the U.S multi-year budget in an attempt to avoid the fiscal cliff may have contributed to the sharp changes in the bullion market. Several U.S…
Many energy commodities traded mostly down on the last business day of the week: the price of Brent oil and WTI oil changed direction and fell– WTI oil increased for five consecutive business days before falling yesterday; the prices of…
The prices of gold and silver tumbled down again for the third consecutive day. The recent U.S reports showed signs of progress. U.S GDP growth rate was revised up to 3.1%; Philly Fed index bounced back in the December survey;…
Many commodities traded with a mixed trend again on the penultimate business day of the week: the price of Brent oil slipped yesterday while WTI oil rose again – WTI oil increased for fifth consecutive business day; the prices of…
The prices of gold and silver continued their downfall as both metals declined again yesterday for the second consecutive day. The recent U.S housing report showed little change in the housing market and thus may also have a moderate effect…
The bureau of economic analysis published today December 20th its final estimate of the growth rate of the U.S. Gross Domestic Product for the third quarter of 2012 and a third estimate for corporate profits. According to the recent update,…
Many commodities traded with a mixed trend on the third business day of the week: WTI oil and Brent oil rose again yesterday – WTI oil increased for fourth consecutive business day; the prices of gold and silver continued to…