Major energy commodities prices were traded down again on the first day of the week: WTI and Brent oil decreased yesterday; the prices of silver and gold, on the other hand, rose on Monday; natural gas Henry Hub future (November…
Gold and silver declined during last week. Will precious metals continue their downward trend this week? As I have indicated in the precious metals weekly outlook, the main events of the week will revolve around the next FOMC meeting that…
During the previous week, gold and silver prices decreased. Last week’s EU Summit didn’t ease the concerns of traders as Spain didn’t request a bailout. Several U.S reports may have contributed to the decline in gold and silver prices: the…
During last week, major commodities prices declined including oil, silver and gold. Several reports that may have affected forex and commodities prices: : the Philly Fed index rose again and turned positive fort he fist time since April; U.S jobless…
Precious metals prices resumed their downward trend as both metals declined during most of last week. The EU Summit did result in any big headlines as Spain did ask for a bailout. There were several reports published last week that…
Major commodities prices were traded down again on the last day of the week: WTI and Brent oil declined yesterday; the prices of silver and gold also fell on Friday; natural gas Henry Hub future (November delivery) rose again on…
The prices of gold and silver changed direction again and slightly declined on Thursday after both precious metals had increased in the previous two days. Their recent decline coincided with the fall of the Euro and other “risk currencies” such…
Major commodities prices were traded mostly down on the fourth day of the week: WTI oil and Brent oil declined yesterday; the prices of silver and gold changed direction again and slipped on Thursday; natural gas Henry Hub future (November…
The prices of gold and silver continued to trade up for the second consecutive business days. Their recent rally coincided with the recovery of the Euro and other “risk currencies” such as the Aussie dollar and Canadian dollar. U.S housing…
Today, the tenth survey of 2012 for the Philly Fed Manufacturing Index for October came out. This survey estimates the U.S. manufacturing conditions. According to the latest survey the conditions have improved again. Further, the index turned positive for the…