According to the recent US pending homes sales report there was a drop in pending home sales during July 2011, but was still above the rate in July 2010. The US pending home sales index declined by 1.3% during July…
Tag: crude oil prices
Gold & silver started the week with falls | oil price fell – August 29
Gold and silver prices changed direction again and fell yesterday for the first time since August 24th; crude oil prices continued to climb as they rose for the third straight business days; natural gas spot price (Henry Hub) on the…
Oil prices gained back some of their loses – Weekly recap 22-26 August
Crude oil prices gained back some of the losses they have endured during the previous week and finished with slight increases during the week ending on August 26th. This rally coincided with the increase in major stock markets indexes including…
Gold & silver ended the week on a positive note – August 26
Gold and silver prices continued their rally back from the free gall they had endured on Tuesday and Wednesday. Bernanke gave a speech in Jackson Hole about the short and long term economic outlook of US; he didn’t refer to…
Gold & silver bounced back from sharp falls –August 25
Gold and silver prices gained back yesterday some of their value after they had fallen very sharply the day before; crude oil prices continue to moderately change and slightly inclined; natural gas spot price (Henry Hub) changed direction and declined.…
U.S. durable goods report showed improvement in July 2011
Today, the U.S. Census Bureau published its monthly report on US new durable goods manufactures’ shipments, inventories and orders for July 2011 – the report showed an increase in orders of durable goods and capital goods compared with June’s rate.…
Gold and silver fell for first time in over a week –August 23
Gold and silver prices halted their rally and lost some ground yesterday after gold price inclined for six straight business days and silver price for seven; crude oil prices continued their recovery and rose yesterday; natural gas spot price (Henry…
Rebels conquered Tripoli – Brent oil falls
The Rebels entered tonight to Tripoli, Libya the last major hold of Gaddafi. They have conquered most of Tripoli and currently there are fights near Gaddafi’s palace. According to the reports Gaddafi is still in Libya and didn’t exist to…
The sharp fall of WTI oil prices – Weekly recap 15-19 August
Crude oil prices started the week with very sharp rises that countered the sharp falls from the previous week, but soon after these rises changed again to steep declines. The concerns of a recession in the US and Europe might…
Gold and silver finished the week rising –August 19
The stock markets fell for the second straight day, but this didn’t cause a sharp drop in oil prices as Brent oil even finished the day in the green. Gold and silver prices completed a whole week of gains as…