Gold and silver prices resumed their downward trend during February. Their performance in the second month of the year was the worst since May 2012 – back then gold fell by 6% and silver by 10.5%. Moreover, during last month,…
Gold and silver inched down during last week, despite their sharp rally at the first couple of days. Bernanke remained dovish in his testimony at the Hill vis-à-vis the Fed’s monetary policy; he kept defending it and stating this expanding…
The prices of major commodities including gold, crude oil and silver fell again on a weekly scale; major currencies pairs including the Euro and Aussie dollar also depreciated against the USD during the previous week. Will commodities and risk currencies…
The prices of gold and silver started off the week rising only to change direction and fall coming Tuesday. In his recent testimony at the Hill, Bernanke remained dovish about the monetary policy of the Fed and kept defending it…
Major commodities were traded down on the last business day of the week: the prices of Brent oil and WTI oil declined again on Friday; natural gas Henry Hub future (short term delivery) also fell yesterday; silver inched up while…
Gold and silver continued to trade down for the second consecutive day. The recent news from U.S: GDP for Q4 expanded by 0.1%; this was a correction to the preliminary estimate in which the GDP was reported to have dropped…
Major commodities were traded mostly down on the penultimate business day of the week: the prices of Brent oil and WTI oil fell on Thursday; natural gas Henry Hub future (short term delivery), on the other hand, rose yesterday; silver…
The prices of gold and silver changed direction and fell after they had increased at the first couple of days of the week. After Bernanke’s testimony in the Senate, he turned to the House of Representatives yesterday. Bernanke remained about…
The bureau of economic analysis published today February 28th its second estimate of the growth rate of the U.S. Gross Domestic Product for Q4 2012. Based on the recent update, U.S output of goods and services growth rate rose by…
Major commodities were traded in a mixed trend on the third business day of the week: the price of Brent oil declined while WTI oil slightly rose on Wednesday; natural gas Henry Hub future (short term delivery) also inched up…