Leading commodities traded mostly up on the last business day of the week: the price of Brent and the price of WTI oil rose on Friday; natural gas Henry Hub future (short term delivery) also slightly increased yesterday; silver continued…
The prices of gold and silver eased down from their high volatility from the beginning of the week. Their prices moved in different directions: gold slightly rose while silver continued to decline. In the Forex market, the leading risk currencies…
The bullion market shifted direction again as both gold and silver resumed their downward trend that started last week. Both precious metals slightly declined yesterday along with other commodities such as oil and leading “risk related currencies” such as Euro…
Leading commodities traded in a mixed trend on the third business day of the week: the price of Brent remained unchanged while the price of WTI oil sharply fell on Wednesday; natural gas Henry Hub future (short term delivery) rose…
Gold and silver bounced back from their tumble of the past couple of business days. This may have just been a correction to the sharp fall in their prices. Yesterday, the U.S CPI report was published: the U.S CPI fell…
Major commodities traded mostly up on the second business day of the week: the prices of Brent and WTI oil remained virtually unchanged on Tuesday; natural gas Henry Hub future (short term delivery) changed course and rallied yesterday; silver and…
The Bureau of Labor Statistics published its recent report of the U.S CPI for March 2013. Based on the recent report, the consumer price index declined for the first time this year; in annual terms the US CPI increased by…
Gold and silver resumed their downward trend from the end of last week and plummeted to their lowest levels in recent years. Last weeks many talked about the recommendation of Goldman Sachs to pull out of gold and the publication…
Gold and silver plummeted during most of last week. The sharpest fall came on Friday when gold declined by 4.1%; silver fell by 4.9%. The main event from last week – the publication of the minutes of the recent FOMC…
Gold and silver plummeted again during last week. Their decline didn’t seem to coincide with the developments in the forex markets but did coincide with the sharp fall of other commodities and equity markets. The rise in volatility of gold…