Major commodities traded again in a mixed trend on Tuesday: WTI oil price rose while Brent oil edged down; gold and silver didn’t do much as the former edged up while the latter slipped yesterday; natural gas Henry Hub future…
The prices gold and silver slipped yesterday along with many other currencies pairs such as the Euro/USD and AUD/USD. It seems that the markets are still waiting for the big news items that will come later this week including the…
Major commodities traded in a mixed trend on the first day of the week: WTI and Brent oil price edged up; alternatively, gold and silver decreased yesterday; natural gas Henry Hub future (October delivery) bounced back and hiked by over…
The prices gold and silver traded up again during last week, and I suspect precious metals rates will further increase this week. The number of jobs added in August according to the U.S non-farm payroll report didn’t meet expectations. This…
During last week, gold and silver prices increased, mainly on Friday following the publication of the U.S labor report that showed a growth of only 96k in jobs. The upcoming FOMC meeting between September 12th and 13th will be the…
Throughout last week, crude oil prices didn’t do much as both WTI and Brent oil slightly declined. The difference between Brent and WTI also declined. In regards to the recent weather conditions, Hurricane Leslie was downgraded to a tropical storm…
During the previous week, the prices of commodities rose mainly on Friday following U.S employment that showed a fewer jobs were added during August than many had anticipated. This news may have contributed to the renewed expectations of another QE…
Precious metals prices resumed their rally and hiked during most of the week especially on the last day of the week, following the publications of the U.S labor report, in which only 96k jobs were added – many anticipated the…
Major commodities traded up during Friday: WTI and Brent oil price bounced back and rose; further, gold and silver also increased yesterday; natural gas Henry Hub future (October delivery), on the other hand tumbled down again and even spot price…
The prices gold and silver resumed their rally, much like the U.S stock market. Further, the rise of major foreign exchange rates including the Euro Aussie dollar and Canadian dollar against the USD may have also contributed to the recovery…