Gold and silver changed direction and declined on the second day of the week. Moreover, other commodities such as crude oil and natural gas also fell yesterday. The main event from yesterday was the decision of the Reserve Bank of…
Major commodities prices mostly trade down on the second business day of the week: the prices of Brent and WTI oil changed direction and fell on Tuesday; natural gas Henry Hub future (short term delivery) sharply decreased yesterday; silver and…
Gold and silver didn’t do much yesterday as the price of gold slightly rose while silver moderately declined. Moreover, in the forex and equity markets the volatility was also low. In the recent precious metals weekly outlook I have pointed…
Major commodities prices moved in a mixed trend on the first business day of the week: the prices of Brent and WTI oil rallied again on Monday; natural gas Henry Hub future (short term delivery) slightly decreased yesterday; silver price…
Gold and silver slightly rose during last week. Their rally coincided with the recovery of other commodities such as oil and leading “risk related currencies” such as Euro and Aussie dollar against the USD. Last week, the FOMC and ECB…
The prices of leading commodities including crude oil and gold moderately rallied during last week. Despite the recent ECB rate cut leading “risk related currencies” such as the Euro and Aussie rose during most of last week. In the upcoming…
Gold and silver prices moved in an unclear trend throughout the week: Despite the high volatility of precious metals and unclear trend, both gold and silver rose by the end of the week by 0.73% and 0.99%, respectively. The main…
Major commodities prices mostly increased on the last business day of the week: the prices of Brent and WTI oil rose on Friday; natural gas Henry Hub future (short term delivery) also slightly increased yesterday; silver price rallied while gold…
Following the Fed’s decision to keep its policy unchanged, the ECB surprised many investors and decided to lower its short term interest rate to an all time low of 0.50% – a 0.25pp reduction. This decision pulled down the Euro…
The U.S. employment rose by a higher than anticipated pace – based on ADP estimate, the non-farm payroll rose by 119k during April: According to the latest U.S. employment report, which was published today, May 3rd by the Bureau of…