The U.S markets weren’t open on account of Memorial Day, therefore many commodities weren’t traded. Brent oil edged again; Euro/USD changed direction and increased along with other currencies pairs such as the Aussie dollar to USD. Here is a summary…
Gold and silver prices rose again on Friday, but will this rally continue this week? The main publications will be released later this week including the U.S GDP, manufacturing PMI and non-farm payroll reports. Currently precious metals prices are increasing.…
Last week gold and silver prices continued with their downward trend during most of the week up to Thursday. Will this downward trend continue as we are entering the last week of May? This upcoming week there are items on…
Crude oil prices continued to decline during most of last week. The Brent premium over WTI slightly rose again to $17-$18 range. During the upcoming week there are several publications that may affect the oil market including the U.S non-farm…
Precious metals prices declined again during the first part of the week only to trade up during the second part of the week. In Europe the conditions haven’t changed as the speculation around Grexit is still on. I have reviewed…
Gold and silver prices, along with energy other commodities, ended the week on positive note and rose on Friday. Crude oil also edged up on the last day of the week. On the other hand the price of natural gas…
Gold and silver prices bounced back from their tumble in recent days. Other commodities including oil also rallied during Thursday’s trading. U.S jobless claims nearly didn’t change and core durable goods report presented a mixed trend and little movement. The…
Gold and silver prices, along with other commodities, changed direction and rose during yesterday trading. Crude oil was also traded up. On the other hand the price of natural gas future changed direction and tumbled down. The Euro continued to…
Gold and silver prices tumbled down again along with other commodities. The Euro/USD reached yesterday its lowest level in nearly two years. The speculation around the future of Greece in the EU is likely to be among the factors dragging…
The bets are running high on the speculation around the possibility of Greece exiting the European Union AKA Grexit. How plausible is this scenario? And how such an event might affect the prices of gold and silver? Let’s examine these…