Commodities Futures Today

Forex and Futures – Silver and Gold Prices Fall as Dollar Slides vs Euro and Gains vs Yen

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(Best Syndication News) The dollar began to slide versus most currencies while crude oil prices advanced Monday / Tuesday (see forex and futures charts below). Investor confidence is returning in Asia and Europe as positive equity prices begin to put downward pressure on the U.S. currency while pushing gold and silver prices higher.

World Economic News

On Tuesday the Federal Statistical Office of Germany (the Statistisches Bundesamt Deutschland) reported that producer prices rose 5.2 percent in November compared to the previous year. Compare to the previous month, the index increased 0.1 percent. This is in-line with analyst expectations.

Futures and Commodities – Gold and Silver Prices Higher as WTI and Brent Crude Oil Slide

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(Best Syndication News) Crude oil prices continued to fall, however gold and silver rallied as equities struggled to stay positive (see futures charts below). After several downward trending days, commodities were mostly higher on Friday.

As economic conditions continue to improve in the United States, the situation in Europe continues to deteriorate. This provided lackluster enthusiasm for speculators who see little inflation and stunted economic growth.

The Fitch rating agency warned that they might downgrade the sovereign debt of six European nations.

Forex and Futures – Silver Prices Advance while Gold Falls – Dollar Declines vs Euro and Yen

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(Best Syndication News) The dollar fell against other major currencies including the yen and euro today as gold and crude oil prices continued to fall (see our forex and futures charts below). Despite a turnaround in equities, Brent and WTI crude oil futures continued to slip Thursday.

World Economic News

The Philadelphia Federal Reserve released their December Business Outlook Survey Thursday. The Philly Fed said that all of the indicators were positive and suggested a “modest expansion” of activity.

Forex and Futures – Dollar Gains vs Yen and Euro – Gold and Silver Prices Trend Lower

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(Best Syndication News) Gold and silver prices declined for the third straight day following declines in the stock market (see forex and futures tables below). The U.S. dollar gained broadly on economic fears while commodity currencies suffered.

World Economic News

November 2011 export prices in the United States rose 0.1 percent compared to October, according to data released by the Bureau of Labor Statistics. In October export prices dropped 2.1 percent.

Forex and Futures – Dollar Gains vs Yen and Euro – Gold Prices Lower as Silver Advances

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(Best Syndication News) While crude oil ended Tuesday’s session lower, the commodity began to decline in the after-hours (see forex and futures tables below). The dollar advanced broadly early but turned around against the yen later in the day. Gold prices continued to fall after the session closed.

World Economic News

Stock markets in Asia and Europe are opening and closing lower on Wednesday. The Shanghai composite index (China) ended the day down 0.86 percent, while the Nikkei 225 (Japan) and the Hang Seng (Hong Kong) closed down 0.39 percent and 0.50 percent respectively. The FTSE 100 (England), the CAC 40 and the DAX (Germany) are opening lower.

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