Gold and silver prices halted their rally and lost some ground yesterday after gold price inclined for six straight business days and silver price for seven; crude oil prices continued their recovery and rose yesterday; natural gas spot price (Henry…
The precious metals market continues to heat up with gold and silver prices reaching new highs: gold price is nearing the $1,900 mark, silver price passing the $43 mark; crude oil prices have changed direction with Brent oil falling and…
The second week of high volatility in the financial markets has ended, and the upcoming week may continue this trend. There are many news items on the agenda for the upcoming week including, among others, the Bernanke speech, US mortgage…
Natural gas prices (Henry Hub) changed direction again: after the rises during the previous week, this passing week US natural gas prices declined during most of it. The slightly cooler temperatures in the US eased the demand for natural gas…
The stock markets fell for the second straight day, but this didn’t cause a sharp drop in oil prices as Brent oil even finished the day in the green. Gold and silver prices completed a whole week of gains as…
The stock markets fell very sharply yesterday; the markets seem to consider the possibility of an imminent double dip recession in the US and Europe. Perhaps the recent US home sales report stimulated this reaction. The last time this happen…
The decline in temperatures throughout the US caused a dramatic fall in natural gas consumption for the power sector resulting in decreases in the natural gas prices (Henry Hub) during the week. This also means a sharp decline in imports…
Gold and silver prices continue their rally, but at a slower pace than in the beginning of the week; Crude oil prices keep on seeking direction and as have bounced back from their recent sharp downward trend at the beginning…
Crude oil prices changed direction again and started the week with sharp rises; Gold and silver prices also finished yesterday in the green; natural gas spot price (Henry Hub) finished Monday with falls. Here is a summary of the price…
The high volatility in the financial markets during last week subsided by the end of the week; this volatility was stem by the news of Standard & Poor’s downgrading the US credit rating from AAA to +AA for the first…