Business News

The CoinNews Inflation Calculator and rate charts have been updated with latest 2008 Consumer Price Index (CPI) figures released today, June 13, by the U.S. Department of Labor Bureau of Labor Statistics. The CoinNews Inflation Calculator may be used to measure the change in buying power of the dollar between 1913-2008. The charts graph historical […]

{ 0 comments }

Gold’s riotous ride and gains Friday have all but been eliminated this morning with the US dollar’s emerging strength and the decline of crude oil The latter was encouraged through a joint statement by G-8 leaders pledging to affect demand and a comment by Saudi Arabia’s oil minister calling Friday’s record-breaking $11 rise of crude […]

{ 1 comment }

Precious metals spurred forward in the week’s end with strong gains Friday. They were due in part to surprising jobs data numbers showing a rise in unemployment that weakened the US dollar, and fantastically high, record-breaking crude oil prices. London Platinum closed the week to $2,050, which was up $42 compared to its previous Friday […]

{ 1 comment }

The CoinNews U.S. Inflation Calculator has been updated to include percent changes for Rate of Inflation between years. The Inflation Calculator measures the change in buying power over an entered period of time (1913-2008). By entering any dollar amount and two different years, its easy to compare what something purchased years ago would be priced […]

{ 0 comments }

It was a struggling week for silver, gold and platinum. Each faltered with the overall strength in the US dollar, declines in crude oil prices, and sell-offs for profit taking. However, gold and platinum regained on Friday a portion of their week’s losses, and there seems to be a stronger mix in the air for […]

{ 0 comments }

By mid-week, silver, gold and platinum hit the bottom of their slow roller coaster ride on the London Fix. While silver edged up slightly by Friday, gold and platinum enjoyed a quicker and steeper climb starting Thursday. London Platinum closed to $2,136 an ounce, which was up $57 compared to its previous Friday close. Silver […]

{ 0 comments }

The CoinNews U.S. Inflation Calculator and annual Rate of Inflation Charts have been updated to use the very latest Consumer Price Index (CPI) April figures, as provided by the U.S. Department of Labor Bureau of Labor Statistics and released yesterday, May 14, 2008. The Inflation Calculator can be used to measure the change in buying […]

{ 0 comments }