Many commodities prices rose on the first business day of the week and the month: WTI oil slightly rose while Brent oil prices edged down yesterday; the prices of silver and gold rallied on Monday; natural gas Henry Hub future…
Gold and silver changed direction and traded down during most of last week. Will precious metals continue to trade down this week? As I have stated in the precious metals weekly outlook, there are several events and reports that may…
Today, the U.S. Manufacturing ISM report was published; according to the recent report, the U.S. Manufacturing PMI index declined to 49.5% during November 2012. The U.S. Manufacturing PMI is an index estimating the economic development of the U.S. manufacturing sectors;…
The prices of gold and silver changed direction and declined during most of last week. The high volatility of precious metals during most of last week might continue in this week on account of the many items and events that…
During last week, major commodities were traded in a mixed trend: oil prices edged up while precious metals and natural gas declined. The high volatility in some commodities prices during last week might continue this week as there are many…
Precious metals prices moved with an unclear trend during the first two weeks of November, but by the end of the month silver rose while gold edged down. The recent decision of the EU leaders to approve the next Greek…
Gold and silver changed direction again and declined during the last week of November. The recent EU Summit resulted in approving the Greek bailout, which may have contributed to the rally of the Euro. Albeit it didn’t seem to curb…
Several commodities decreased on the last day of the week and the month: WTI oil and Brent oil prices rose yesterday; the prices of silver and gold declined on Friday; natural gas Henry Hub future (short term delivery) tumbled down…
Gold and silver changes direction again and bounced back yesterday after they have declined a day earlier. According to the recent U.S jobless claims update, initial claims declined last week 23k to 393k. Further, the recent U.S GDP estimate for…
Many commodities bounced back and increased on the penultimate day of this business week: WTI oil and Brent oil prices bounced back yesterday; the prices of silver and gold also rose on Thursday; natural gas Henry Hub future (short term…