The bullion market continues to zigzag as gold and silver prices rose on Thursday after they had declined on Wednesday. Crude oil prices also rose during yesterday’s trading; natural gas prices shifted from their recent downward trend and also finished…
Despite expectations for another rate cut, the European Central Bank left again the basic interest rate at 1.00% for the second consecutive month; the last time ECB had reduced the rate was back in December by 0.25 percent points. In…
Precious metals prices changed direction again for the third consecutive day. Yesterday gold and silver prices ended the day falling. Currently gold and silver prices are moderately rising. These are many news items and decisions on today’s agenda including: ECB…
The market didn’t do much during yesterday trading as WTI oil price slightly rose and Brent oil moderately declined; gold and silver prices continued to zigzag as they have been during this week; yesterday they have changed direction again and…
The market has changed direction again as major commodities and currencies rallied from Monday’s falls. Gold and silver prices started off the day falling but soon after they had changed direction and finished the day in the green. The positive…
Energy commodities prices and precious metals prices changed direction and rose during Tuesday’s trading: gold and silver prices sharply rose; crude oil was also traded up. The Euro and major other currencies sharply appreciated against the U.S dollar. Here is…
I have already referred to the relation between the expansion of U.S. Monetary base and the development of gold price. As the U.S. Monetary base expands, the price of gold tends to rise as well. Can we use this relation…
Gold and silver prices started off the second week of February with little changes. The financial community is waiting in anticipation for the results of the Greek negotiations; these negotiations might affect the direction of the Euro and consequently may…
Major commodities prices started off the week on a negative note as gold price declined again for the second consecutive business day; crude oil (WTI) price also decreased, while Brent oil price rose again. The Euro and many other currencies…
Gold and silver prices finished the week on a negative note despite their sharp gains of recent weeks. Currently gold and silver prices are declining. Today, the Swiss National Bank Forex Reserves will be published. Other financial reports that will…