Major commodities traded down on Monday: WTI oil and Brent oil changed direction and declined; gold and silver also edged down despite the announced of the FOMC on QE3 last week; natural gas Henry Hub future (October delivery) and spot…
The prices gold and silver continued to rally during last week, mainly following the announcement of the FOMC to commence QE3, in which it will start buying mortgage backed securities at a rate of $40 billion per month. This time,…
During last week, gold and silver prices increased, mainly on Thursday following the publication of the FOMC decision to commence with QE3 that will include the Fed buying mortgage backed securities at a pace of $40 billion per month. There…
During the previous week, the prices of commodities continued their rally mainly after the FOMC decided to launch another Quantitative Easing Plan (QE3) in which the Fed will purchase mortgage backed securities at a rate of $40 billion per month,…
Precious metals prices continued their rally and hiked mainly on Thursday following the publication of the FOMC decision to commence with QE3 that will include the Fed buying mortgage backed securities at a pace of $40 billion per month. There…
Major commodities traded in a mixed trend on Friday: WTI oil and Brent oil rose again; gold edged up while silver declined despite the announced of the FOMC on QE3 on Thursday; natural gas Henry Hub future (October delivery) and…
The recent announcement of the FOMC to buy mortgage backed securities at a rate of $40 billion per month is something that many bullion traders had anticipated and has already started to pull up the price of gold. Will this…
The prices gold and silver resumed their upward trend soon after the FOMC announced of QE3 that will consist of purchasing additional agency mortgage-backed securities at a rate of $40 billion per month. This news is likely to continue affecting…
Major commodities traded up on Thursday: WTI oil and Brent oil trade up; gold and silver also rose following the announced of the FOMC on QE3; natural gas Henry Hub future (October delivery) changed direction and slipped while the spot…
The Bureau of Labor Statistics published today its latest report of the U.S CPI for August 2012. According to the recent update, the consumer price index rose by 0.6% after it had remained flat for the previous two consecutive months;…