Gold and silver prices ended the week with gold price slightly rising and silver price falling; the USD sharply appreciated against the Euro, AUD and CAD, while the US stock markets sharply declined. Currently gold and silver prices are traded…
Category: Daily Forecast
Oil Prices – Daily Outlook September 12
Crude oil prices ended the week with sharp falls over the appreciation of the US dollar and the decline of US stock markets. The concerns over a Greek debt default may continue to affect trading and uncertainty in the financial…
Gold & Silver Prices – Daily Outlook September 9
Gold and silver prices bounced back and rose yesterday. Currently, gold and silver prices are traded down. Yesterday, ECB kept its rate unchanged, the US unemployment claims slightly inclined, President Obama presented his job creation plan before Congress and Federal…
Oil Prices – Daily Outlook September 9
Crude oil prices continue to zigzag and moderately fell yesterday; these shifts in directions are in line with the shifts in the US stock markets; currently crude oil prices are traded down along with the US stock markets. Yesterday, the…
Gold & Silver Prices – Daily Outlook September 8
Gold price fell very sharply yesterday and nearly returned to its initial level from the beginning of September. This fall is consistent with yesterday’s rise in US stock markets and the sharp gains in US Treasury bills yields. Currently, gold…
Oil Prices – Daily Outlook September 8
Crude oil prices changed direction and sharply inclined while major stock markets including the S&P500 rose as well. Currently, crude oil prices are traded with moderate falls. Today, the ECB rate decision will be announced, the EIA natural gas report…
Gold & Silver Prices – Daily Outlook September 7
Gold and silver prices started the week with light falls, despite yesterday’s decline in the US stock markets. Currently, gold and silver prices are traded down as the US stock markets are rising. Yesterday’s losses were probably related, in part to the…
Oil Prices – Daily Outlook September 7
Crude oil prices started September with moderate falls, which is consistent with the declines in the major stock markets including the S&P500. Yesterday the spread between Brent oil and WTI oil reached a new high. Currently, crude oil prices are…
Gold & Silver Prices – Daily Outlook September 6
Gold and silver prices ended the week with sharp gains; during yesterday they have also increased as major stock markets in Asia and Europe were traded down. Due to the long weekend in the US (Labor Day) there were no…
Oil prices Monthly outlook – September 2011
Crude oil prices sharply fell during August; this decline was mostly during the first few days of August. The end of the Libyan civil war during August didn’t affect much oil traders as oil prices continued to rise during the…