Retails and foods services sales rose by 1.1% in September 2012 compared with August’s sales, and were above the sales at September 2011.This news may have contributed to the decline in gold and silver prices. The U.S. Department of…
The price of oil experienced high volatility in the past couple of weeks. But despite this high volatility the price of oil remained close to its starting point from the beginning of month. Will this high volatility in the oil…
During last week, gold and silver prices slightly declined. A couple of U.S reports may have moderately affected forex and commodities prices: the U.S PPI rose by 1.1% during September; U.S jobless claims fell by 30k to 339k. These news…
During last week, crude oil prices resumed their upward trend as the price of WTI oil and Brent oil increased. OPEC’s monthly report showed there was a modest decline in OPEC’s oil production; according the IEA, the projected growth in…
During last week, the major commodities prices remained nearly unchanged. Several reports that may have affected forex and commodities prices: the U.S PPI rose by 1.1% during September; U.S jobless claims dropped by 30k to 339k. These news items may…
Precious metals prices didn’t do much during last week as they continue to show modest movements. The anticlimax in the precious metals market following the FOMC decision to launch QE3 back in mid-September continues. There were several reports that were…