Precious metals prices ended the week falling after they had changed directions during last week. It was reported today that Hedge funds raised their bets on commodities in anticipation of rising commodities prices due to expected growth of the U.S.…
Here is a short recap of the developments in gold and silver prices during the week of February 6th to February 10th; this overview includes a short description of the changes in the financial markets that are related to the…
Crude oil prices continued to moderately climb up as they have done during recent weeks. The big news for oil was the sharp increase in the premium of Brent over WTI as the premium reached during the week the highest…
During last week the developments in Greece were among the main news items that draw the attention of the financial community. On Sunday the Greek Parliament will vote on the new austerity plan in order to receive from the EU…
Gold and silver prices changed directions during the week as they have both shifted from gain to loss throughout the week with no clear trend or direction. The recent developments in Greece were that its parliament had passed an austerity…
Precious metals prices continue to zigzag with no clear trend as they have rallied yesterday from Wednesday’s falls. The news from Greece of approving the recent austerity plan didn’t impress traders as the Euro only slightly rose on Thursday. Currently…
The bullion market continues to zigzag as gold and silver prices rose on Thursday after they had declined on Wednesday. Crude oil prices also rose during yesterday’s trading; natural gas prices shifted from their recent downward trend and also finished…
I have already written and posted my projections for silver price in 2012 along with an analysis for the major events that affected its development during 2011. In this post I will examine the potential outcomes of silver price during…
Despite expectations for another rate cut, the European Central Bank left again the basic interest rate at 1.00% for the second consecutive month; the last time ECB had reduced the rate was back in December by 0.25 percent points. In…
Precious metals prices changed direction again for the third consecutive day. Yesterday gold and silver prices ended the day falling. Currently gold and silver prices are moderately rising. These are many news items and decisions on today’s agenda including: ECB…