Precious metals have changed direction and after Bernanke kept the Fed’s policy unchanged and didn’t hint of any future plans to introduce any additional monetary stimulus plans gold and silver tumbled down. Crude oil prices also declined on Thursday. Furthermore,…
Gold and silver sharply increased yesterday much like many other commodities and forex indexes. Crude oil prices also rose on Wednesday. Furthermore, the price of natural gas (future) changed direction and slipped. The Euro sharply appreciated against the USD. Several…
Gold and silver continue to shift from gains to losses as both precious metals were trade slightly up on Tuesday; crude oil WTI also edged up while Brent slightly declined. Furthermore, the price of natural gas (spot and future) continued…
Gold and silver prices changed direction again and spiked on Friday. The disappointing U.S employment report and U.S PMI Manufacturing index may have contributed to the rally in precious metals and the renewed speculations of another QE program in the…
The growth in U.S. employment didn’t meet expectations and only slightly expanded during May: according to the latest U.S. employment report, which was published today, June 1stby the Bureau of Labor Statistics the number of non-farm employees increased by only…
Today the U.S. Manufacturing ISM report was published; according to the recent report, the U.S. Manufacturing PMI growth rate decreased to 53.5% during May 2012. The U.S. Manufacturing PMI is an index that estimates the economic progress of the U.S.…
Gold and silver prices, along with other commodities, started off the week on a negative note and declined on Tuesday. Crude oil edged down on the first trading day of the week. Furthermore, the price of natural gas future also…
Gold and silver prices, along with energy other commodities, ended the week on positive note and rose on Friday. Crude oil also edged up on the last day of the week. On the other hand the price of natural gas…
Gold and silver prices, along with other commodities, changed direction and rose during yesterday trading. Crude oil was also traded up. On the other hand the price of natural gas future changed direction and tumbled down. The Euro continued to…
Gold and silver prices, along with other commodities, tumbled down during yesterday’s trading. Crude oil also plummeted; the price of WTI fell to its lowest level since mid October 2011. Natural gas future continued to trade up. The Euro fell again…