Many commodities prices traded mostly down on the first business day of the week: the price of Brent oil declined while WTI oil bounced back on Monday; natural gas Henry Hub future (short term delivery) inched up yesterday; the prices…
The prices of silver and gold changed direction and slightly declined last week. The moderate fall of precious metals coincided with the sharp appreciation of the USD against several currencies mainly the Euro and Aussie dollar. The latest remarks made…
Gold price remained virtually unchanged as it inched down on a weekly scale. The price of silver declined. Their modest fall partly coincided with the depreciation of the Euro and Aussie dollar against the USD. ECB President Mario Draghi’s remarks…
Major commodities prices including oil, gold and silver didn’t do much last week; major currencies pairs including the Euro/USD and Aussie dollar/USD fell last week. The remarks given by ECB President Mario Draghi resulted in the Euro’s tumble by the…
The prices of precious metals continued to seek direction as both gold and silver moved in an unclear trend during the week. Both precious metals slightly declined on a weekly scale. The ECB and MPC left their respective interest rates…
Many commodities prices remained almost unchanged on the last business day of the week: the prices of Brent oil rallied while WTI oil inched down on Friday; natural gas Henry Hub future (short term delivery) also slipped yesterday; the prices…
The prices of silver and gold changed direction and fell on Thursday. The recent comments made by ECB President Draghi regarding the strength of the Euro raised the speculations that the ECB might cut its cash rate in the near…
Major commodities prices changed direction and declined on the fourth business day of the week: the prices of Brent oil rose while WTI oil declined on Thursday; natural gas Henry Hub future (short term delivery) tumbled down yesterday; the prices…
The prices of gold and silver bounced back on Wednesday. Their rally didn’t coincide with the depreciation of the Euro and other risk related currencies against the USD. Will gold and silver continue to rise? Currently gold and silver prices…
Major commodities traded mostly up on the third business day of the week: the price of Brent oil slightly increased while WTI oil inched down on Wednesday; natural gas Henry Hub future (short term delivery) rose again yesterday; the prices…