Major commodities moved in a mixed trend on the first business day of the week: the price of Brent oil and WTI oil changed edged up; the prices of gold slipped while silver rose on Monday; natural gas Henry Hub…
The prices of gold and silver remained nearly unchanged on a weekly scale. The optimism in the precious metals markets following the recent decision of U.S policymakers to raise taxes and averting the “fiscal cliff” didn’t last long. The prices…
Despite the high volatility in the prices of gold and silver during last week, they remained nearly unchanged on a weekly scale. Gold and silver rallied after the holiday after the announcement that the U.S Senate and later Congress approved…
During last week, the high volatility in the financial markets returned following the New Year’s holiday. Soon after the fiscal cliff was averted, the markets rallied. Soon after, however, certain markets such as precious metals resumed their downward trend. The…
The prices of precious metals haven’t done much on a weekly scale even through they have had a spike in their price volatility. Precious metals, much like in other financial securities such as other commodities and stocks, rose on the…
Major commodities moved with a mixed trend on the last business day of the week: the price of Brent oil declined while WTI oil changed direction and rose; the prices of gold and silver plummeted on Friday; natural gas Henry…
The prices of gold and silver changed direction and tumbled down on Thursday. The recent release of the minutes of the FOMC meeting may have contributed to the tumble in precious metals prices. Moreover, the expectations that the upcoming U.S…
The U.S. employment increased again by a higher rate than many had anticipated during December: according to the recent U.S. employment report, which was published today, January 4th by the Bureau of Labor Statistics the number of non-farm employees grew…
Major commodities changed direction and fell traded on the penultimate business day of the week: the price of Brent oil and WTI oil changed direction and declined; the prices of gold and silver also shifted gear and fell on Thursday;…
The prices of gold and silver continued their upward trend on Wednesday. This rally coincided with the rise in other financial markets including other commodities such as crude oil and U.S stock markets. This rise was mostly attributed to the…