The first day of the week started off at a very different way than last week finished off. Silver prices made a comeback following a week long of falls, the same goes for most of the major commodities including crude…
Gold and silver prices are currently traded with rises after they had (especially silver prices) a very bearish week. Will this shift in trend continue throughout the week? Let’s examine the precious metal market for the first day of the…
The rollercoaster that the financial markets were facing during last week took its toll on the commodities markets as well. During last week, silver price managed to shed off its value almost 28%; this is after during April is added…
Here is a weekly outlook for May 9th to 13th that highlights the main news items and reports related to US, Canada and China. (all times GMT): Monday 9th of May – People Bank of China’s report on New Loans:…
The final day of this very exciting week ended with another decline for major commodities including silver, crude oil (WTI spot and Brent oil), and natural gas prices. Here is a summary of the changes in commodities and precious metals…
The week long of price downscales of major commodities has ended. Let’s try to ease out of this excitement for the weekend. Here are several recommended posts you may find interesting: In forexcrunch, Yohay talks about Greece’s debt problem;…
The US’s employment report was published today, May 6th by the Bureau of Labor Statistics published about the April 2011. According to the recent report, the labor force rose at a similar pace as it did the preceding month, as…
Gold and silver prices fell very sharply yesterday as did the rest of the major commodities, probably due to the strengthening of the USD compared to major currencies; let’s see what is up a head in the precious metal market…
Yesterday, crude oil prices fell very sharply by the largest scale in over two years. Gold and silver prices continued their descent as well. There are several factors that might have contributed to this financial market shock and it’s probably…
Despite the expectations that the European Central Bank will raise its interest rate, eventually the Interest rate of ECB remained unchanged at 1.25%. The financial markets reacted very promptly to the news and EURO/USD fell very rapidly. Furthermore, major commodities,…