Category: Daily Forecast

Crude Oil Prices – Daily Outlook October 31

Crude oil prices recorded sharp gains in recent weeks and October as a whole will be one of the best performing months of 2011 for crude oil prices.  The U.S. GDP rate reached a bigger than expected rate of 2.5%…

Gold & Silver Prices – Daily Outlook October 28

Gold and silver prices recorded additional sharp gains yesterday following the European Union agreement on debt reduction for Greece; the news of the U.S GDP growth in Q3 may have also helped push commodities prices up as the confidence in…

Gold & Silver Prices – Daily Outlook October 27

Gold and silver prices continued to rise yesterday and thus completed a fourth business day rally. The European Union leaders reached an agreement on the debt crisis that could ease the concerns of the financial community and thus curb the…

Gold & Silver Prices – Daily Outlook October 26

Gold and silver prices sharply rose yesterday and recorded the sharpest gains during October. Does this mean there is a shift in the recent trend of gold and silver prices from downward to upward? Today, the second (this week) EU…

Gold & Silver Prices – Daily Outlook October 25

Gold and silver prices started the week with moderate gains along with the sharp gains recorded in other major commodities prices such as crude oil prices. Currently gold and silver prices are traded sharply up. Today, U.S Consumer Confidence report…

Crude Oil Prices – Daily Outlook October 25

Crude oil prices very sharply inclined yesterday; this increase is probably related to the renewed expectations of sharp gains in the demand for oil in the American market. Currently crude oil prices are traded up. Today, U.S Consumer Confidence report…

Crude Oil Prices – Daily Outlook October 24

WTI oil price slightly inclined during most of last week which coincided with the sharp rally in the U.S stock markets. Currently crude oil prices are traded slightly up. Today, Trichet will speak in an ECB Press Conference; the Euro…

Gold & Silver Prices – Daily Outlook October 21

Gold and silver prices sharply fell yesterday and thus gold price completed four days of falls. Currently gold and silver prices are traded up. Today, there will be an ECB Press Conference in which Trichet will speak; the German Business…