Major commodities changed direction and tumbled down on the first day of the week: WTI oil and Brent oil started the week on a negative note as both oil prices fell; gold and silver also declined; natural gas Henry Hub…
The prices gold and silver remained nearly unchanged during last week, as the effect of the announcement of the FOMC to launch QE3 seems to have dissipated (for now). Further, this announcement might have been an opportunely for many traders…
During last week, gold and silver prices remained nearly unchanged, despite the FOMC decision to commence with QE3. There were several reports that were published during last week that may have had a modest effect on the bullion market. These…
During the previous week, the prices of bullion remained nearly unchanged while the prices of oil tumbled down along with major foreign exchange rates such as Aussie dollar and Euro. The FOMC decision to launch QE3 is likely to have…
Precious metals prices didn’t do much during last week despite the publication of the FOMC decision to start its stimulus plan. There were several reports that were published during last week: the Philly Fed index rose by 5 points but…
Major commodities traded up on the last day of the week: WTI oil and Brent oil finished the week on a positive note as both oil prices rose; gold changed direction and increased while silver declined; natural gas Henry Hub…
The price of oil changed direction and tumbled during the week after it had increased during most of August and the first couple of weeks of September. What could have caused such a rapid shift in the oil market? Will…
The prices gold and silver remained nearly unchanged for the fifth consecutive business day after they had increased precipitately during the first couple of weeks of September. The depreciation of the Euro along with other “risk currencies” may have curbed…
Yesterday, the ninth survey of 2012 for the Philly Fed Manufacturing Index for September was published. This survey estimates the U.S. manufacturing conditions. According to the recent survey the conditions have slightly improved again but the index was still negative…
Major commodities traded in a mixed trend on Thursday: WTI oil edged down while Brent oil hiked after it had declined for three consecutive days; gold slipped while silver declined; natural gas Henry Hub future (October delivery) and spot price…