Precious metals prices resumed their rally as bullion traders were waken from their recent slumber after the minutes of the FOMC had revealed the Fed is leaning towards issuing another QE program in the near future. On Thursday both gold…
Precious metals prices didn’t do much again during last week as they have each shifted by less than half a percent on a weekly scale. There were several reports that were published during the week but none of them seem…
Many energy commodities changed direction and rallied on Tuesday: crude oil prices (WTI and Brent) rose yesterday after for they had declined for two consecutive days; natural gas Henry Hub (September delivery) and spot prices also changed direction and hiked…
Precious metals prices didn’t do much during the week as they both edged up on a weekly scale. There were several reports that came out during the week but none of them seem to have a substantial effect on precious…
Precious metals prices changed directions several times during the week only the end it not much different from the end of last week’s prices. There were many reports and events that affected not only the bullion market, but also other…
Today, the U.S. Census Bureau reported the change in number of new homes sold in the U.S during June 2012: the number of new homes sales decreased compared with the number of new homes sold during May 2012. According to…
Precious metals resumed their slow descent during the week after they had rallied in the previous week. Despite the hopes of many that Bernanke will hint of stimulus plan in the near future, he didn’t comply and in his testimonies…
Precious metals took another dive during the first week of July. This fall coincided with the decline in many other financial markets such as oil, U.S stocks etc. The two main events of the week that contributed to fall of…
Precious metals prices started off the week with an unclear trend and coming Thursday they have plunged along with the rest of the market. The main news of the week came on Friday and was the conclusion of the EU…
Precious metals prices took a dive on Thursday and thus erased their gains from the first weeks of June. The FOMC decision to extend operation twist throughout the rest of the year by another $267 billion wasn’t what many bullion…