As many had anticipated the FOMC kept its policy unchanged but stated its concern regarding the still elevated unemployment. Gold and silver continued to trade down yesterday along with other commodities including oil and natural gas. Yesterday, it was reported…
Major commodities prices were traded down again on the third day of the week: WTI and Brent oil declined yesterday; the prices of silver and gold also fell on Wednesday; natural gas Henry Hub future (November delivery) changed direction again…
Gold and silver changed direction again and tumbled down along with other commodities such as oil and stock indexes. Further, this fall coincided with the deprecation of the Euro and other “risk currencies” against the USD. Today the FOMC meeting…
Major commodities prices were traded down again on the second day of the week: WTI and Brent oil fell yesterday; the prices of silver and gold also decreased on Tuesday; natural gas Henry Hub future (November delivery) bounced back on…
Today, the U.S. Census Bureau reported on the developments in number of new homes sold in the U.S during September 2012: the number of new homes sales rose compared with the number of new homes sold during August 2012. …
Gold and silver bounced back from their tumble during last week and started off the week rising. This rally coincided with the slow recovery of the Euro and other “risk currencies” against the USD. Today the FOMC meeting will start.…
Major energy commodities prices were traded down again on the first day of the week: WTI and Brent oil decreased yesterday; the prices of silver and gold, on the other hand, rose on Monday; natural gas Henry Hub future (November…
Gold and silver declined during last week. Will precious metals continue their downward trend this week? As I have indicated in the precious metals weekly outlook, the main events of the week will revolve around the next FOMC meeting that…
During the previous week, gold and silver prices decreased. Last week’s EU Summit didn’t ease the concerns of traders as Spain didn’t request a bailout. Several U.S reports may have contributed to the decline in gold and silver prices: the…
During last week, major commodities prices declined including oil, silver and gold. Several reports that may have affected forex and commodities prices: : the Philly Fed index rose again and turned positive fort he fist time since April; U.S jobless…