Gold and silver prices, unlike other energy commodities, increased on Wednesday. Crude oil tumbled down by over 3% (for both Brent and WTI). Furthermore, the price of natural gas (future and spot) also plummeted to its lowest level in over…
The bureau of economic analysis published today May 31st its second estimate of the growth rate of the U.S. Gross Domestic Product for the first quarter of 2012. According to the recent update U.S output of goods and services expanded…
Gold and silver prices resumed their downward trend and declined during yesterday’s trading. The disappointing U.S consumer confidence report didn’t seem to curb the decline in bullion rates but may have adversely affected energy commodities prices. Currently precious metals prices…
Precious metals market tumbled down during most of the month along with many other markets including other commodities, stocks and foreign exchange markets. Both gold and silver were headed for their worst performing month of the year. The current rates…
Gold and silver prices, along with other commodities, started off the week on a negative note and declined on Tuesday. Crude oil edged down on the first trading day of the week. Furthermore, the price of natural gas future also…
Gold and silver prices increased again on Friday, and also edged up during yesterday’s trading in Asia. Will this positive trend continue in today’s trading? Currently precious metals prices are rising. On today’s agenda: U.S consumer confidence report and Australia’s…
The U.S markets weren’t open on account of Memorial Day, therefore many commodities weren’t traded. Brent oil edged again; Euro/USD changed direction and increased along with other currencies pairs such as the Aussie dollar to USD. Here is a summary…
Gold and silver prices rose again on Friday, but will this rally continue this week? The main publications will be released later this week including the U.S GDP, manufacturing PMI and non-farm payroll reports. Currently precious metals prices are increasing.…
Last week gold and silver prices continued with their downward trend during most of the week up to Thursday. Will this downward trend continue as we are entering the last week of May? This upcoming week there are items on…
Following the ongoing speculation regarding the future of Greece in the EU and the potential ramification it may have on the forex and commodities markets (see here for a review on the potential ramification a Grexit on the bullion market)…