Tag: Gold price

Gold and Silver Bounded Back on Tuesday –Recap December 20

Major commodities prices changed direction and rallied yesterday: Gold and silver prices sharply inclined; Crude oil prices also sharply rose; even natural gas (Henry Hub) prices changed direction and rallied yesterday. Major currencies such as the Euro and Australian dollar…

U.S Housing Starts Sharply increased by 9.3% in November

According to this month’s U.S. Census Bureau report of the new residential construction statistics for November 2011 there was a sharp gain in building permits and housing starts. Privately owned Housing starts sharply increased in November 2011 as the seasonally adjusted…

Gold and Oil Moderately Declined Yesterday –Recap December 15

Many major commodities prices continued to decline yesterday following the sharp falls they had experienced on Wednesday:  Gold price moderately declined while silver price slightly rose; crude oil prices decreased again; natural gas spot prices (Henry Hub) also declined. Major…

How Does the European Debt Crisis Affect Gold Price?

The concerns regarding the faith of the European Union continue to grow; the recent agreement in the EU Summit in Brussels has failed to ease the speculation around the instability of the European Union. There are mixed signals  regarding the…