During last week, gold and silver rose again. Their ongoing recovery resulted in gold reaching its highest level since early June; silver is at its highest since early May. Despite the recent rally of gold and silver, their recovery didn’t…
During the previous week, gold and silver tumbled down. The main event of last week in the U.S was the FOMC statement. The FOMC kept policy unchanged but in the press conference that followed the statement, Bernanke stated the Fed…
The prices of crude oil (WTI and Brent) fell during last week: WTI declined by 4.25%; Brent oil slipped by 3.24%. As a result, the gap between the Brent oil and WTI slightly expanded; the difference between Brent and WTI…
The main economic indicators regarding the US economy didn’t show much improvement in 2011: The second estimate of the growth rate of the real GDP in the first quarter of 2011 remained unchanged at 1.8% after the US GDP grew…