Commodities Futures Today

Gold and Silver Prices Advanced while Crude Oil Falls – USD Falls vs EUR and JPY in Forex Trading

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(Best Syndication News) Gold and silver prices were higher last week while light sweet crude oil and the dollar declined in value (see the futures and forex charts below). Low long-term interest rates are a mixed-bag for investors, as traders position themselves to take advantage of rate certainty.

World Economic News

The dollar slipped last week after the Federal Reserve announced their intention to keep their Federal funds target rate at historic low levels into late 2014. Many economists expect this policy to keep long-term Treasury rates lower, while boosting stock and commodity prices.

Silver and Gold Prices higher while USD gains broadly vs the JPY and EUR – Crude Oil Settles Up

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(Best Syndication News) Precious metals and energy commodities were higher Thursday, mostly because of guaranteed long-term low-interest rates (see the futures and forex charts below). Equities declined in the United States on frustrating new home sales and initial jobless claims. Platinum prices jumped.

World Economic News

The Federal Reserve’s decision to hold their federal funds target rate at historic low levels into 2014 has had an immediate effect on commodities, equities, and interest rates.

Gold and Silver Prices Advance while USD Declines vs JPY and EUR – Crude Oil Futures Higher

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(Best Syndication News) Silver, gold, and crude oil futures advanced while the dollar declined broadly after the news conference held by the Federal Reserve (see forex and futures charts below). The prospect of continued low interest rates triggered a rally on Wall Street and an advance in commodity-currencies.

World Economic News

By far, the biggest economic news of the day was the Federal Open Market Committee (FOMC) statement. Federal Reserve Chairman of the Board Ben Bernanke told reporters that the central bank will keep their federal funds target rate at historic low levels through most of 2014.

Gold Prices Slide as EUR Gains vs JPY and USD – Silver and Crude Oil Declines

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(Best Syndication News) Gold prices advanced in Asia after declining in the United States (see the forex and commodity charts below). Gasoline prices up again while crude oil, gold and silver prices all fall.

World Economic News

The Statistics Canada reported that retail sales increased 0.3 percent in November compared to October. This was in line with analyst expectations of 0.3 percent.

Japan will register their first trade deficit since 1980 because of the earthquake last March. The Ministry of Finance said that there was a trade deficit in December, November and October.

Gold and Silver Prices Higher as USD Declines vs EUR and JPY

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(Best Syndication News) Commodities were generally higher Monday as traders moved away from safe-havens including government Treasuries (see forex and futures tables below). Crude oil, heating oil, natural gas and other energy products all advanced.

World Economic News

Although the Bank of Japan held their interest rates steady Tuesday, they did cut their forecast for growth. Their target interest rate remains at 0.10 percent, however, they now expect their GDP to increase two percent in 2012, down from a 2.2 percent estimate back in October.

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