The prices of gold and silver slightly increased on weekly scale. Precious metals sharply rose on Thursday along with the Euro and other commodities prices following the ECB’s decision to keep the Euro rate unchanged and Mario Draghi’s cautious but…
The prices of precious metals spiked on Thursday along with the rest of the market including crude oil, stocks and Euro. The recent ECB meeting and press conference that followed may have contributed to this rally. But the following day,…
The recent decision of ECB to keep the short term interest rates unchanged along with Mario Draghi’s reassuring speech about the future progress of the EU in 2013 may have helped rally not only commodities prices but also the Euro/USD…
The prices of precious metals shifted during the week with an unclear trend as both gold and silver zigzag from rising to falling almost on a daily basis. Despite this zigzag, the prices of gold and silver ended the week…
Most commodities shifted gear again and declined on the last business day of the week: the price of Brent oil and WTI oil declined; the prices of gold and silver also fell on Friday; natural gas Henry Hub future (short…
Major commodities changed direction again and rallied on the fourth business day of the week: the price of Brent oil and WTI oil rose; the prices of gold and silver also spiked on Thursday; natural gas Henry Hub future (short…
The prices of gold and silver changed direction and edged down on Wednesday. Moreover, many other commodities and currencies pairs have also declined yesterday. In the recent U.S bond auction the U.S average interest rate for the 10 year bond…
As many had anticipated the ECB left the Euro interest rate unchanged at 0.75%. In the recent ECB monetary policy meeting Mario Draghi stated there are still challenges the EU will have to face but it may start to show…
Major commodities shifted gear and mostly traded down on the third business day of the week: the price of Brent oil and WTI oil edged down; the prices of gold and silver also declined on Wednesday; natural gas Henry Hub…
The prices of gold and silver shifted gear and sharply rose yesterday. The recent news from Europe including the decline in Germany’s factory orders in November, and the rise in Euro Area unemployment rate to 11.8% may have contributed to…