During last week, major commodities prices fell again; this includes oil, natural gas, silver and gold. Will this trend continue this week? The FOMC meeting concluded, as expected, with no changes to the Fed’s monetary policy. Several reports may have affected…
Crude oil prices declined again during last week. The recent positive news of the rise in the U.S GDP by 2% during the third quarter seems to only slightly affect oil prices. The difference between Brent and WTI rose during…
Precious metals rates slightly declined during last week. The FOMC meeting concluded, as expected, with no resolutions or any big headlines. Therefore, the FOMC statement didn’t have much of an impact on gold and silver prices. There were several reports…
Major commodities prices traded in a mixed trend on the last day of the week: WTI and Brent oil increased again yesterday; the prices of silver and gold edged down on Friday; natural gas Henry Hub future (November delivery) declined…
The prices of gold and silver changed direction and rallied yesterday after they had declined in the past couple of days. Their rally coincided with the recovery of other commodities prices and stock market. The British economy (GDP) expanded by…
Major commodities prices bounced back on the fourth day of the week: WTI and Brent oil rose yesterday; the prices of silver and gold also increased on Thursday; natural gas Henry Hub future (November delivery) declined on Thursday for the…
The bureau of economic analysis published today October 26th its first estimate of the growth rate of the U.S. Gross Domestic Product for the third quarter of 2012. According to the recent update U.S output of goods and services growth…
As many had anticipated the FOMC kept its policy unchanged but stated its concern regarding the still elevated unemployment. Gold and silver continued to trade down yesterday along with other commodities including oil and natural gas. Yesterday, it was reported…
Major commodities prices were traded down again on the third day of the week: WTI and Brent oil declined yesterday; the prices of silver and gold also fell on Wednesday; natural gas Henry Hub future (November delivery) changed direction again…
Gold and silver changed direction again and tumbled down along with other commodities such as oil and stock indexes. Further, this fall coincided with the deprecation of the Euro and other “risk currencies” against the USD. Today the FOMC meeting…