During last week, major commodities prices shifted with unclear trend; this includes commodities such as oil, silver and gold. The low volatility in the commodities markets during last week might continue this week as it will be a short one…
Gold and silver prices changed direction and slipped during most of the week. The low volatility in the precious metals market returned after the elections and the uncertainty around the results of the elections may have contributed to the rise in…
Many commodities were traded with a mixed trend on the last business day of the week: WTI oil and Brent oil changed direction again and rallied yesterday; the prices of silver and gold moved in different directions as gold edged…
Gold and major precious metals companies haven’t performed well in recent weeks. The decision the FOMC to launch another quantitative easing didn’t seem to help, for now, pulling up the price of gold. Let’s examine the recent developments related to…
The prices of gold and silver declined yesterday. A few U.S reports were published yesterday: the U.S CPI edged up by 0.1%; the Philly Fed survey showed the manufacturing have deteriorated mainly due to the adverse effect of Hurricane Sandy.…
Many commodities were traded mostly down on the penultimate business day of the week: WTI oil and Brent oil changed direction again and fell yesterday; the prices of silver and gold also decreased on Thursday; natural gas Henry Hub future…
The prices of gold and silver changed direction and increased yesterday. The recent publication of the minutes of the FOMC meeting from back in October didn’t offer much insight regarding the next move of the FOMC. A couple of U.S…
Many commodities were traded up on the third business day of the week: WTI oil and Brent oil changed direction and rose yesterday; the prices of silver and gold also increased on Wednesday; natural gas Henry Hub future (December delivery)…
The Bureau of Labor Statistics came out today with its recent report of the U.S CPI for October 2012. According to the recent update, the consumer price index edged up by 0.1% after it had increased by 0.6% in the…
Today, the eleventh survey of 2012 for the Philly Fed Manufacturing Index for November was published. This survey projects the U.S. manufacturing conditions. According to the recent survey the conditions have worsen. Further, the index turned negative; the Philly Fed…