Gold and silver prices rose again yesterday and thus gold price has completed four consecutive days of gains and silver prices five consecutive business days. The sharp falls in the stock market around the world mainly in the US provided the backwind for…
Category: Daily Forecast
Oil Prices – Daily Outlook August 19
You can forget from the fundamentals for now, this market reacts very sharply and extremely to the changes in directions in the stock markets. Crude oil prices fell very sharply yesterday and they are currently trade down as well. Today,…
Gold & Silver Prices – Daily Outlook August 18
Gold and silver prices kept on rising but at a much slower pace than at the beginning of the month. Silver price changed from red to green in August as it slowly climbed back up from the sharp falls it…
Oil Prices – Daily Outlook August 18
Crude oil prices continue to zigzag but still demonstrate a gradual upward trend in the past few days. The EIA oil market report was published yesterday and showed a decline in crude oil stockpile of 1.37 million bbl during last…
Gold & Silver Prices – Daily Outlook August 17
Gold price resumed its upward trend but at a much slower pace than at the beginning of the month. Silver price almost erased all the falls it had at the first few days of August. Gold and silver prices are…
Oil Prices – Daily Outlook August 17
Crude oil prices changed direction again and slightly fell yesterday despite their recent upward trend in recent week. The shift might be related, in part, to the recent fall in the stock market, including the S&P500. Crude oil prices are…
Gold & Silver Prices – Daily Outlook August 16
Gold price bounced back from the falls it had in the past couple of business days. Gold price is still 7.8% above the price from the end of July. Gold and silver prices are currently traded up. Today, the U.S.…
Oil Prices – Daily Outlook August 16
Crude oil prices started the week with sharp rises that continues the upward trend in recent days. The shift might be related, in part, to the recent rise in the stock market, including the S&P500. Crude oil prices are currently…
Gold & Silver Prices – Daily Outlook August 15
Gold price changed direction and fell for second straight day to end last week in the red. Gold price is still 6.8% above the price from the end of July. This shift was probably stemmed from the recent margin hike…
Oil Prices – Daily Outlook August 15
Crude oil prices ended the week with slight declines, after they had risen for two straight days (three days for Brent oil). The shift might be related, in part, to the recent rise in the stock market, including the S&P500.…