Today, the U.S. Census Bureau reported on the developments in number of new homes sold in the U.S during September 2012: the number of new homes sales rose compared with the number of new homes sold during August 2012. …
Precious metals prices resumed their downward trend as both metals declined during most of last week. The EU Summit did result in any big headlines as Spain did ask for a bailout. There were several reports published last week that…
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…
Precious metals prices shifted with an unclear trend throughout the week with an unclear trend despite the appreciation of the Euro and several “risk currencies” during last week. On the other hand the Aussie dollar declined against the UDS mainly…
Precious metals prices zigzagged throughout the week with an unclear trend despite the deprecation of the Euro and other “risk currencies” during last week. There were several reports that were published during the previous week: the U.S GDP growth rate…
Precious metals prices didn’t do much during last week despite the publication of the FOMC decision to start its stimulus plan. There were several reports that were published during last week: the Philly Fed index rose by 5 points but…
Precious metals prices continued their rally and hiked mainly on Thursday following the publication of the FOMC decision to commence with QE3 that will include the Fed buying mortgage backed securities at a pace of $40 billion per month. There…
Precious metals prices resumed their rally and hiked during most of the week especially on the last day of the week, following the publications of the U.S labor report, in which only 96k jobs were added – many anticipated the…
Yesterday, the U.S. Manufacturing ISM report was published; according to the recent update, the U.S. Manufacturing PMI index edged down to 49.6% during August 2012. The U.S. Manufacturing PMI is an index that estimates the economic progress of the U.S.…
Precious metals prices hiked on the last day of the week, following Ben Bernanke speech that raised expectations of many precious metals traders that another quantitative easing plan might be announced by the FOMC in the near future. Despite the…