Precious metals have changed direction and after Bernanke kept the Fed’s policy unchanged and didn’t hint of any future plans to introduce any additional monetary stimulus plans gold and silver tumbled down. Crude oil prices also declined on Thursday. Furthermore,…
Gold and silver sharply increased yesterday much like many other commodities and forex indexes. Crude oil prices also rose on Wednesday. Furthermore, the price of natural gas (future) changed direction and slipped. The Euro sharply appreciated against the USD. Several…
Gold and silver continue to shift from gains to losses as both precious metals were trade slightly up on Tuesday; crude oil WTI also edged up while Brent slightly declined. Furthermore, the price of natural gas (spot and future) continued…
Following the sharp plunge in the stock markets and commodities markets during Friday after the disappointing U.S employment report came out, the market slightly bounced back on Monday as crude oil (both Brent and WTI) were traded down. Furthermore, the…
Crude oil prices plunged during last week. The disappointing U.S reports including the revised down U.S GDP, the decline in the growth rate of the manufacturing PMI and lower than expected growth in U.S employment may have contributed to the…
Natural gas market continued to cool down after during the first couple of weeks of May NG rates spiked. According to the recent NG storage update, there was a 71 bcf injection, which is nearly 12 Bcf below the injection…
Precious metals prices took a sharp turn on Friday and recorded their largest single day gain in a while. Gold rose by 3.7% – the last time the price of gold increased by such a rate was back in August…
Gold and silver prices changed direction again and spiked on Friday. The disappointing U.S employment report and U.S PMI Manufacturing index may have contributed to the rally in precious metals and the renewed speculations of another QE program in the…
Gold and silver prices changed direction again and this time edged down during Thursday. Crude oil continued its downward trend and fell (both Brent and WTI). Furthermore, the price of natural gas (spot) also declined while the future price remained…
Gold and silver prices, unlike other energy commodities, increased on Wednesday. Crude oil tumbled down by over 3% (for both Brent and WTI). Furthermore, the price of natural gas (future and spot) also plummeted to its lowest level in over…