|
| |
Related News |
| Gold and silver prices rise while dollar falls |
|
| It was a good day for both equity investors and precious metals investors, but those clinging to the greenback saw their hopes dashed. |
| 08-17-2010 |
| |
| Producer prices follow consumer prices upwards |
|
| Despite dire predictions of deflation, the trend in recent economic data has actually pointed towards a slight inflationary trend. Last week, the government revealed that the Consumer Price Index actually increased in July. Today, data from the Bureau of Labor Statistics indicated that the Producer Price Index - which shows increasing prices before they reach the consumer - rose 0.2 percent on a seasonally adjusted basis from June to July. The PPI showed an unadjusted increase of 4.2 percent from last July. |
| 08-17-2010 |
| |
| Deflation fears fade as consumer prices rise |
|
| The Bureau of Labor Statistics released its latest data on the Consumer Price Index today, showing that despite deflationary fears, inflation still appears to be the trend, if only slightly. Other economic fundamentals are dropping - unemployment and jobless claims remain stubbornly high - but prices still managed to edge up. |
| 08-13-2010 |
| |
| Silver, gold prices rise while equities continue to slide |
|
| The trend that began yesterday continued today, with precious metals gaining while equity indexes slumped to fresh lows. The Dow Jones Industrial average started the day down about one percent, and wavered throughout the session. |
| 08-12-2010 |
| |
| Gold stakes out gains amidst falling equities |
|
| The stock markets were awash in a sea of red on Wednesday morning, as the Dow Jones Industrial Average dropped over 200 points at the open. Traders looked at the Federal Reserve's statements about the anemic pace of economic expansion and activity and backed away from most risky assets. |
| 08-11-2010 |
| |
