Gold and silver prices changed direction in July and rose very sharply, after a slow paced movement during June and May. What were the driving forces behind the recent rally of gold and silver prices during July? Much like the…
Major stock markets around the world including S&P500, NASDAQ and Hang Seng recorded sharp falls in their indexes, while the US dollar appreciated very sharply against major currencies; what about gold and silver prices? They fell yesterday as well. What…
Crude oil prices recorded yesterday their sharpest fall since the beginning of May; currently crude oil prices are traded with small changes. Today, the US labor report will be published, along with the Canadian employment report and Canadian building permits.…
The natural gas market experienced several shifts during July as the U.S. natural gas prices (Henry Hub) started strong during the first half of July, but by the second half they had declined. By the end of July the Henry…
Crude oil prices continued to fall for the fourth straight day, but will this trend continue? Today, the Bank of Japan announced it will expanded its monetary easing plan (USD/JPY reacted and hiked up); ECB will announce its rate decision,…
Gold and silver prices finished yesterday with sharp rises, but will this trend continue throughout the day? Gold and silver prices are currently traded with mixed trends. Today, the Bank of Japan announced it will keep rate unchanged but expanded…
The bullion market continues to heat up even after the House raised the US debt ceiling; this news strengthened the US dollar against other currencies, but the market seems to raise the ante and continues to bet on gold and…
Crude oil prices continued to fall yesterday, but will this trend continue? Today, the U.S. non-manufacturing PMI report will be published, and the EIA petroleum report. Here’s a short analysis and outlook of the crude oil market for today, August…
The House of Representatives votes yesterday to raise the US’s debt ceiling; this news pushed US dollar up very swiftly while gold and silver prices were traded down; currently, however gold and silver prices are traded up. Today, the U.S.…
Crude oil prices finished yesterday with moderate falls after the U.S. House approved raising debt ceiling to $16.4 trillion. This news has brought back some stability to the market. Today, the U.S. Personal Spending report will be published along with…