The price of natural gas continues to sharply rise as the price passed the $5 mark at the end of last week – the last time the price passed this threshold was back in June 2010. The average weekly price…
Natural Gas Spiked Over $5
Category: Recap
Gold And Silver | Recap for January 13-17
The gold and silver market didn’t weak up during the past week and only slightly rallied on a weekly scale. The main event of the month – the upcoming FOMC meeting at the end of January – could stir up…
Natural Gas Bounced Back to Hover over $4.3
The price of natural gas bounced back from its recent tumble. The average weekly price was still 1.1% lower than the previous week. In the latest EIA report, the natural gas storage decreased by 287 Bcf. Last week’s extraction was…
Gold And Silver | Recap for January 6-10
The gold and silver market remained relatively flat as precious metals investors continue to get mixed signals regarding the future plans of the FOMC on its monetary policy, which tends to influence bullion traders. The minutes of the FOMC meeting…
Natural Gas Plunged by 5.8%
The price of natural gas changed course and tumbled down during last week. The average weekly price was also around 2% lower than the previous week. In the recent EIA report, the natural gas storage decreased by 157 Bcf. Last…
Gold And Silver | Recap for December 30- January 3
The gold and silver market moved in an unclear direction during the week. Nonetheless, their prices ended the week higher than last week’s on account of their sharp rise on Thursday. Despite the holiday season, several U.S reports were released:…
Gold And Silver | Recap for December 23-27
The gold and silver market remained relatively numb during the penultimate week of the year. The low volume of trade kept the prices of gold and silver with little movement. On a weekly scale, however, both precious metals have rallied.…
Gold And Silver | Recap for December 16-20
During last week many headlines were published and could have had a strong effect on the direction of gold and silver. In particular, the latest FOMC decision in which the Fed decided to start tapering QE3 from January by $10…
Natural Gas Bounced Back to $4.4
The price of natural gas changed direction and tumbled down during the most of the week. Alas on Thursday, following the release of the updated EIA report, in which the natural gas storage plummeted by 285 Bcf, the price of…
Natural Gas Passed the $4.4 Mark – Will it Halt?
The price of natural gas jumped again during the passing week to its highest level in months: The price spiked above the $4.4 mark, but it did change course on Friday and sharply declined. According to the latest weekly EIA…