Major commodities rallied on the second business day of the week: the price of Brent oil and WTI oil rose; the prices of gold and silver inched up on Tuesday; natural gas Henry Hub future (short term delivery) changed direction…
The prices of gold and silver rallied during most of last week. Will gold and silver continue to rise? The recent decision of Bank of Japan to double its inflation target to an annual 2% rate is another indicator for the Bank’s…
Major commodities remained unchanged no account of the U.S holiday but major currencies were traded in a mixed trend and low volatility on the first business day of the week: the Euro against the USD edged down; the British pound…
The prices of gold and silver resumed their upward trend during last week. Precious metals rose despite the appreciation of the USD against major currencies including the Euro, Canadian dollar and Japanese yen. Will gold and silver continue to rise…
2012 was a year many leading gold producers would like to forget. Shares of many gold producers haven’t performed well during last year. The stagnation of the price of gold during the year contributed to poor performance of several gold…
The prices of precious metals resumed their upward trend during most of last week despite the depreciation of major “risk related currencies” against the USD. Bernanke’s speech from last week didn’t seem to influence traders. I guess we will have…
Major commodities prices including gold, silver and oil rose during last week. Will this rally continue? Next week several reports and speeches may affect the financial markets. These include: U.S new home sales, Mario Draghi’s speech, Euro-group meetings, Canada’s retail…
The prices of precious metals shifted gear and rallied during the week. Moreover, due this rally, the prices of gold and silver ended the week higher than they were a week back. Bernanke’s speech from last week didn’t seem to…
Major commodities were traded mostly up on the last business day of the week: the price of Brent oil remained flat while WTI oil rose again yesterday; the price of gold edged down while silver increased on Friday; natural gas…
The prices of gold and silver rallied yesterday. In the U.S several reports came out yesterday: housing started spiked by 12.1% in December; jobless claims declined by 37k to reach 335k during last week; the Philly fed survey for January…