Precious metals prices took a dive on Thursday and thus erased their gains from the first weeks of June. The FOMC decision to extend operation twist throughout the rest of the year by another $267 billion wasn’t what many bullion…
Gold and silver prices didn’t do much on Friday after their tumble on Thursday. Gold finished slightly up while silver declined. Crude oil prices (WTI and Brent) recovered from their two day falls and rose on Friday. Natural gas Henry…
Crude oil prices plummeted during last week mainly on Thursday after the FOMC revised down its projection on the U.S economy and in an effort to help jumpstart the economy only extended its operation twist without adding another expanding stimulus…
Natural gas market continues to heat up as the hot weather in the U.S mainly in the Northeast is raising the demand while the U.S natural gas production isn’t rising. According to the recent NG storage update, there was only…
Gold and silver prices continued their downward trend and recorded the sharpest fall since the beginning of April 2012. Crude oil price (WTI and Brent) also tumbled down yesterday. Natural gas Henry Hub (July delivery) rose while the spot price…
The FOMC extended operation twist for the rest of the year but didn’t announce any additional QE program. The Fed also lowered its economic projection of the U.S economy. This news didn’t help commodities prices as many of them declined.…
Gold and silver prices continued to dwindle as both precious metals edged down on Tuesday. Crude oil price (WTI) changed direction and rose yesterday while Brent oil edged down. Natural gas Henry Hub (July delivery) plunged while the spot price…
Gold and silver prices started off the week on a negative note as both precious metals edged down on Monday. Crude oil price (WTI) also declined. Natural gas Henry Hub (July delivery) continued to rally and hiked again. The Euro…
Precious metals prices have had an upward trend during last week. Gold rose every day of the week; silver increased every day as well except on Thursday. The speculation continues to run high about the possibility of the Fed introducing…
Crude oil continued to trade down during the previous week. The news from the U.S showed the U.S economy isn’t expanding: U.S retail sales edged down in May; U.S CPI and PPI also declined. OECD oil inventories also increased while…