Gold and silver prices continue to seek direction as both precious metals bounced back yesterday. Their rally coincided with the fall of U.S equity markets. On the other hand, leading currencies including the Euro and Aussie dollar rallied against the…
Leading commodities were traded up on the third business day of the week: Brent and WTI oil bounced back on Wednesday; natural gas Henry Hub future (short term delivery) also rallied yesterday; silver and gold bounced back from Tuesday’s fall…
Gold and silver prices changed direction and slipped yesterday. In the forex market the big movement came from Asia as the Japanese yen sharply strengthened following Bank of Japan’s recent monetary policy meeting. The Bank decided to keep its policy…
Precious metals market cooled down last week with renewed speculations of the Fed tapering its current asset purchase program as the U.S economy is slowly recovering (or at least appears to recover). The week started with both gold and silver…
Leading commodities were traded in a mixed trend on the first business day of the week: Brent and WTI oil slipped on Monday; natural gas Henry Hub future (short term delivery) also moderately decreased yesterday; silver and gold bounced back…
During the beginning of the week gold and silver rallied only to tumble down on Friday. In Europe, ECB and BOE kept its cash rate unchanged. This news may have contributed to the rally of not only the Euro but…
Major commodities including natural gas, silver and gold slipped during last week. The latest decision of ECB to leave its cash rate unchanged helped pull up the Euro and bullion rates. But the latest U.S employment report, in which 175k…
The bullion market changed direction during the week as both gold and silver rallied at the beginning of the week only to plummet at the end of the week. At the beginning of the week commodities prices rallied perhaps on…
The recent “non decision” of ECB President, in which he decided to keep the ECB’s cash rate unchanged helped pull up the “risk related currencies” including the Euro and Aussie dollar. BOE also left its policy unchanged. In the U.S…
The U.S. employment increased again by a higher than expected pace – according to the ADP estimate, the non-farm payroll rose by 135k during April: Based on the latest U.S. employment report, which was published today, June 7th by the…