Major commodities traded mostly up on the last business day of the year: the price of Brent oil and WTI oil changed direction and rallied; the prices of gold and silver also shifted gear and rose on Monday; natural gas…
Gold and silver edged down during last week. The discussions between the White House and Congress officials regarding cutting the U.S budget deficit in this decade and avoiding the fiscal cliff didn’t seem contributed to movement in the bullion market.…
Major commodities traded mostly down on the last business day of the week: the price of Brent oil and WTI oil declined again; the prices of gold and silver also shifted gear and slipped on Friday; natural gas Henry Hub…
Natural gas (short term delivery) changed direction and rallied on the last couple of days of the week, after they had declined at the beginning of the week. According to the recent EIA report, the NG storage declined by 72…
Major commodities traded again with a mixed trend on the second business day after the holiday: the price of Brent oil and WTI oil changed direction and declined; the prices of gold and silver also shifted gear and edged up…
Many commodities traded with a mixed trend on the first business day after the holiday: the price of Brent oil and WTI oil changed direction and rose; the prices of gold and silver changed remained virtually unchanged on Wednesday; natural…
Many energy commodities and precious metals remained virtually unchanged in the Asian markets as the U.S and European markets were closed due to the Holiday. Major currencies were traded mostly slightly down against the USD. In particular the Euro declined…
Crude oil prices continued to rise during lost of last week. The U.S stockpiles changed direction and slightly increased according to the latest EIA report. The gap between Brent and WTI slightly narrowed to a range between $20 and $21…
Natural gas (short term delivery) changed direction and rallied during last week and reached its highest level in two weeks. According to the recent EIA report, the NG storage declined by 82 Bcf; this fall in the storage might have…
Gold and silver resumed their downward trend and declined during last week. The discussions around the U.S multi-year budget in an attempt to avoid the fiscal cliff may have contributed to the sharp changes in the bullion market. Several U.S…