Gold and silver prices declined yesterday mainly over the CME margin requirements hike on gold and silver contracts, but currently they already bounce back and incline. The speculation around a bailout plan of the European bailout plan by European policy…
Crude oil prices bounced back after they had declined in the previous three business days. Currently, crude oil prices (WTI) are traded sharply up following the gains in the US stock markets. Today, the U.S. consumer confidence report will be…
Gold and silver prices sharply fell in the last couple of days of last week; currently they are traded slightly down. The recent CME announcement to raise margin requirements on gold and silver contracts is likely to be among the…
Crude oil prices declined in the past three business day, but currently they are traded down. The speculation around the European debt crisis and the slowdown in Asia and US may continue to affect traders to keep crude oil prices…
Gold and silver prices took a real hit to the chin yesterday as they have plummeted to their monthly low. On the other hand most of major commodities have also suffered sharp falls yesterday. It’s hard to attribute all of…
The FOMC decision to purchase $400 billion LT securities is likely to continue affecting in small doses the financial markets throughout June 2012 when the program will end. But currently the financial markets don’t seem to be pleased with this…
Crude oil prices declined yesterday and currently they continue to trade sharply down. The FOMC announcement to purchase $400 billion LT securities didn’t receive a warm reaction in the financial markets as the US stock markets sharply fell. The USD…
Gold and silver prices continue to zigzag as they have bounced back yesterday from Monday’s falls. During September gold price changed direction eleven times (on a daily scale) out of the past 13 business days. The FOMC meeting started yesterday…
Crude oil prices changed direction and slightly inclined yesterday. The depreciation of USD against major currencies such as Euro, AUD and CAD might be among the factors that affected oil prices to trade up yesterday. Today, the EIA oil stockpiles…
Gold and silver prices sharply fell yesterday after they had inclined on Friday. The recent news from the European debt crisis comes from Italy, as S&P downgraded Italy’s credit rating from +A to A. Furthermore, the IMF lowered global economic…