Will the oil Market Heat up Again?

The price of oil plunged during April. Will oil prices recover from its recent tumble and rally to the $100 mark? How will the shifts in the price of oil affect leading refinery companies? Let’s examine the recent developments in…

U.S. New Home Sales Rose in March 2013

The U.S. Census Bureau reported (opens pdf) today on the developments in number of new homes sold in the U.S during March 2013: the number of new homes sales declined compared with the number of new homes sold during February…

Gold and Silver – Daily Outlook for April 23

The week started on a positive note for both gold and silver as they bounced back from their plunge during last week. Yesterday, it was reported that U.S existing home sales slipped in March on account of limited inventory. The…

Gold and Silver – Daily Outlook for April 22

golden bar

Gold and silver tumbled down during last week. Will gold and silver change course and rally this week? As I have stated in the recent precious metals weekly outlook, several reports may affect bullion rates. These items include: U.S new…