Category: Daily Forecast

Oil Prices – Daily Outlook September 20

Crude oil prices started the week with sharp falls. The appreciation of USD against major currencies such as Euro, AUD and CAD might be among the factors that affected oil prices to trade down in recent days. Today, the Euro…

Gold & Silver Prices – Daily Outlook September 19

Gold and silver prices bounced back on Friday from the sharp falls they have had a day earlier. During September both metals didn’t do much despite their high volatility. What is next for gold and silver prices? The rising concerns…

Oil Prices – Daily Outlook September 19

Crude oil prices ended the week falling, resulting in WTI oil price losing only 0.96% of it value during September (up to date) and Brent oil shed 1.8% of its value. The recent appreciation of USD on Friday may have…

Gold & Silver Prices – Daily Outlook September 16

Gold and silver prices suffered a sharp drop yesterday; as a result, they have completed 4.2% and 5.1% deceases, respectively from the end of last week. Currently, however they are traded slightly up. The recent announcement of ECB along with…

Gold & Silver Prices – Daily Outlook September 15

Gold and silver prices continue to zigzag: yesterday they have ended slipping. The recent rally in the American and European stock markets in the past several days, along with the rise in U.S. Treasury bills yields might suggest that traders…

Oil Prices – Daily Outlook September 15

Crude oil prices changed directions again and fell yesterday, despite the ongoing rally of the US stock markets. The USD slightly depreciated against the Euro. This recent decline may just be a correction, as crude oil prices are currently traded…

Gold & Silver Prices – Daily Outlook September 14

Gold and silver prices continue to seek direction in September. Despite the sharp changes in gold and silver prices throughout the month, gold price (as of yesterday) fell by only 0.1%, and silver price by 1.4%; the sharp appreciation of…

Oil Prices – Daily Outlook September 14

WTI oil prices inclined yesterday and thus followed the modest gains in the US stock markets. The gap between Brent oil and WTI oil prices continues to close. The speculations around the Euro Area debt crisis will probably continue to…

Gold & Silver Prices – Daily Outlook September 13

Gold and silver prices sharply fell yesterday as the speculations around the Euro debt crisis shifted direction from pessimism to light optimism; the recent talks are that Italian officials have held talks with Chinese delegates regarding investing in the country.…

Oil Prices – Daily Outlook September 13

Crude oil prices changed direction along with the US stock markets and ended yesterday with light gains. The slight fall of the USD against major currencies such as Euro and CAD also provided some backwind for crude oil prices’ bounce…