Tag: Gold price

U.S Employment Grew by 163k in July

  The U.S. employment rose y a higher rate than many had anticipated during July: according to the recent U.S. employment report, which was published today, August 3rd by the Bureau of Labor Statistics the number of non-farm employees grew…

FOMC Didn’t Change its Policy –FOMC Meeting

The Fed announced it won’t change its monetary policy and keep its ongoing plans of extending operation twist and keeping low rates until late 2014. The FOMC stated it sees signs of slowdown in the U.S. economy. Currently gold and…

U.S. PMI Manufacturing Index Edged UP to 49.8%

Today the U.S. Manufacturing ISM report was published; according to the recent report, the U.S. Manufacturing PMI index edged up to 49.8% during July 2012. The U.S. Manufacturing PMI is an index that estimates the economic progress of the U.S.…

Gold & Silver Prices | Weekly Recap July 23-27

weekly precious metals chart 23-27 July 2012 percent change

Precious metals started off the week in the same direction from the previous week – trading down. This direction changed coming Wednesday when both metals along with other commodities rates and “risk currencies” rose. The news of the contraction of…