Major commodities traded in a mixed trend again on the penultimate business day of the week: the price of Brent oil and WTI oil bounced back yesterday; the prices of gold and silver changed pace and sharply fell on Thursday;…
The prices of silver and gold didn’t do much yesterday as gold slightly declined and silver rose. HSBC published its China flash Manufacturing PMI, in which the PMI rose from 51.5 in December to 51.9 in January. This means the…
Major commodities traded with a mixed trend on the third business day of the week: the price of Brent oil declined while WTI oil rallied; the prices of gold inched down while silver increased on Wednesday; natural gas Henry Hub…
The prices of precious metals inched up on Tuesday along with other commodities such as oil and risk related currencies such as Canadian dollar and Aussie dollar. According to Standard Bank the demand for gold has risen in recent weeks…
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…