Gold and silver edged up on the last day of the week but on a weekly scale both precious metals slightly declined. As I have pointed out in the gold and silver weekly outlook the main reports of the week…
Gold & Silver Prices – Daily Outlook July 23
Category: EURO/USD
Gold and Silver Prices Weekly Outlook for July 23-27
Last week gold and silver prices resumed their downward trend and edged down during most of last week. Bernanke didn’t hint of stimulus plan in his testimonies at the Hill; he also didn’t offer any information about the future steps…
Weekly Outlook of Financial Markets for July 23-27
During the week the Euro continued to tumble down while major commodities rates such as oil and natural gas resumed their rally. Will this trend continue this upcoming week? ECB President says there is no need to worry about the…
Gold & Silver Prices | Weekly Recap July 16-20
Precious metals resumed their slow descent during the week after they had rallied in the previous week. Despite the hopes of many that Bernanke will hint of stimulus plan in the near future, he didn’t comply and in his testimonies…
Silver Gold and Natural Gas Increased on Friday–Recap July 20th
Crude oil prices including WTI and Brent changed direction and after they had risen for six consecutive days, they declined on Friday; natural gas Henry Hub (August delivery) and spot price continued to trade up. Gold and silver rates edged…
Gold & Silver Prices – Daily Outlook July 20
Gold and silver changed direction and rose on Thursday after they had declined for three consecutive days. The U.S reports that came out yesterday and showed a mixed signal: the U.S rate of existing home sales declined by 5.4%; US…
Oil Gold and Natural Gas Rose Again on Thursday–Recap July 19th
The energy commodities continued to rally yesterday following the positive news of the slight increase in the Philly Fed index. Crude oil prices including WTI and Brent hiked for the sixth consecutive day; natural gas Henry Hub (August delivery) and…
Is Chesapeake walking towards the right path?
Chesapeake Energy Corporation (NYSE: CHK) rallied in the past few weeks. The recent steps the company took such as selling Chesapeake Midstream Partners, L.P may have contributed to its rally. It seems the company is headed towards scaling down its…
Gold & Silver Prices – Daily Outlook July 19
Gold and silver declined for the third consecutive day. The testimony of Bernanke didn’t reveal the next move of the FOMC. The U.S housing starts report came out yesterday: housing starts rose by 6.9% during June (M-o-M). This report may…
Oil and Natural Gas Traded up on Wednesday–Recap July 18th
The energy commodities traded up yesterday following the positive news of the rise in housing starts. Crude oil prices including WTI and Brent rose for the fifth consecutive day; natural gas Henry Hub (August delivery) and spot price also rose.…