Gold and silver prices tumbled down yesterday and thus they have both reached their lowest level in 2012. This means the rally of bullion prices during January was whipped clean. Crude oil prices also declined; natural gas future price also…
Today, the third survey of 2012 for the Philly Fed Manufacturing Index regarding March was published: this survey suggests the U.S. manufacturing conditions continue to grow at a slightly faster pace in March than in February; the Philly Fed index…
Natural gas price continued their tumbling down during last week. The winter season is nearing an end with demand for natural gas is falling and since the natural gas storage is still very high – nearly 50% above the levels…
According to the recent producer price index report, which came out today, the PPI for finished goods sharply increased by 0.4% February compared with January. This report serves as an indicator for the direction of the U.S core CPI to…
Gold and silver prices changed directions several times during yesterday’s trading but eventually ended the day with slight shifts as gold price slightly declined and silver price moderately rose. The recent FOMC meeting didn’t introduce any new stimulus plans. This…
Major commodities prices didn’t do much yesterday as crude oil prices slightly rose, while gold price moderately declined. Silver price on the other hand edged up yesterday. Natural gas future price bounced back from its decline on Monday. The rise…