Gold And Silver Prices Sink To 4½ Year Lows

Gold and silver prices sunk to their lowest prices in and 4½ years overnight, as the improving US dollar and predictions of upcoming stimulus programs by major world economies applied more pressure to the ailing commodities. Closing Prices The traded contract that has seen the...

European Union Lowers Its Growth Forecasts

On Tuesday the European Union (EU) announced that it has lowered its growth outlook for the European area. The new forecasts by the EU has gross domestic product (GDP) of the 18 nation Eurozone region now set at an expected rise of 0.8% for 2014, and a projected rise of 1.1% for...

Third Quarter US Figures Show Improvement In Growth

The latest figures just released from the US have revealed an annual growth rate of 3.5%, which is 0.5% higher than had previously been forecasted by the US government treasury department. The unexpected boost to the numbers has been attributed to an increase in US exports and...