The market didn’t do much during yesterday trading as WTI oil price slightly rose and Brent oil moderately declined; gold and silver prices continued to zigzag as they have been during this week; yesterday they have changed direction again and…
The market has changed direction again as major commodities and currencies rallied from Monday’s falls. Gold and silver prices started off the day falling but soon after they had changed direction and finished the day in the green. The positive…
Energy commodities prices and precious metals prices changed direction and rose during Tuesday’s trading: gold and silver prices sharply rose; crude oil was also traded up. The Euro and major other currencies sharply appreciated against the U.S dollar. Here is…
I have already referred to the relation between the expansion of U.S. Monetary base and the development of gold price. As the U.S. Monetary base expands, the price of gold tends to rise as well. Can we use this relation…
Gold and silver prices started off the second week of February with little changes. The financial community is waiting in anticipation for the results of the Greek negotiations; these negotiations might affect the direction of the Euro and consequently may…
Major commodities prices started off the week on a negative note as gold price declined again for the second consecutive business day; crude oil (WTI) price also decreased, while Brent oil price rose again. The Euro and many other currencies…
Gold and silver prices finished the week on a negative note despite their sharp gains of recent weeks. Currently gold and silver prices are declining. Today, the Swiss National Bank Forex Reserves will be published. Other financial reports that will…
Here is a short recap of the recent changes in gold and silver prices during the week of January 30th to February 3rd; this overview includes a short description of the developments in the financial arena that are related to…
Crude oil prices didn’t move in the same direction during last week as Brent oil price rose, while the price of WTI oil declined. The ongoing concerns revolving the boycott of Iranian oil by the West may have been among…
Following the low intensity week for major commodities as gold and silver prices didn’t do much during the first week of February, the upcoming week is filled with many news items and decisions to be made that could affect the…