Gold and silver prices changed direction yesterday: after they had risen during most of August so far, they sharply declined yesterday; crude oil prices fell for the fifth straight business day; natural gas spot price (Henry Hub) also declined. Here…
The natural gas market experienced several shifts during July as the U.S. natural gas prices (Henry Hub) started strong during the first half of July, but by the second half they had declined. By the end of July the Henry…
Gold and silver prices continue to rise very sharply; gold price reached a new high yesterday at $1,666 – the highest price level in 2011; crude oil prices fell for the fourth straight business day; natural gas spot price (Henry…
Gold and silver prices bounced back and finished yesterday in the green after they had declined on Monday; crude oil prices fell for the third straight business day; natural gas spot price (Henry Hub) very moderately inclined. Here is a…
According to the recent U.S. Manufacturing ISM report regarding the U.S. Manufacturing PMI– an index that estimate the economic activity in the U.S. manufacturing sector –grew for the 24th consecutive month; on the other hand, the growth rate declined from…
Following the vote in House of Representatives in which the $2.1 trillion US debt ceiling hike was approved, the US dollar soon followed and appreciated against major currencies mainly the Euro. Major commodities started August with falls as gold and…
The talks over raising the US debt ceiling have ended yesterday with a raise of $2.1 trillion. Now that this issue was resolved, the aftermath will start including whether rating agencies will downgrade the US credit rating. This week there are…
Natural gas prices (Henry Hub) finished the week with a downward trend; the heat wave in the US has subsided during the week and so did the pressure for natural gas prices to rise. The domestic demand for natural gas…
Gold and silver prices changed direction yesterday and finished the week rising; crude oil prices on the other hand fell sharply; these shifts in commodities prices might also be related to the recent US GDP Q2 2011 report that showed…
Natural gas prices (Henry Hub) started to drop in the last couple of weeks after they had risen sharply during the first half of July. The natural gas storage continues to stock up; this trend is attributed to seasonality. …