Major commodities prices changed direction and mostly declined throughout yesterday. Crude oil price declined by nearly 1%; natural gas future price also changed direction and plummeted; gold and silver prices also decreased for the third consecutive business day. Finally, the…
The main energy Commodities prices sharply rose yesterday following the improvement in the manufacturing sector in the U.S according to the recent U.S PMI report. On the other hand gold and silver prices slightly decreased. Finally, the Euro edged down…
Commodities market didn’t perform well on the last day of the month as gold and silver prices decreased. Crude oil prices changed direction and edged down on April 30th after they had increased for four consecutive days. On the other…
The bullion market has slowed down during the past three months: during February gold declined by 1.67%, during March by 2.3% and during April by 0.42%. Silver hasn’t done any better. The recent FOMC meeting didn’t affect Precious Metals at…
There were high expectations in the gold and silver markets for this week’s FOMC meeting that eventually didn’t have any apparent effect on precious metals prices. Thus quoting T.S Eliot: “This is the way the world ends; Not with a…
Crude oil prices rose during last week but only slightly. WTI oil price continues to dwell in the $102-$104 range and Brent oil at the $117-$121 range. The major news last week came from the U.S including: The FOMC didn’t…
Natural gas prices changed direction and rose during last week after they had sharply declined during most of the month. This recovery comes after oil prices remained at their same range during recent weeks. There weren’t major shifts in the…
Major commodities prices continued their recovery yesterday. Gold and silver prices increased for the second consecutive day. Crude oil prices continued their upward trend for the fourth consecutive day. Natural gas future prices also finished yesterday rising. Finally, the Euro…
Major commodities prices rallied yesterday. Gold and silver prices bounced back from their slip a day earlier. Crude oil prices continued their upward trend. Natural gas prices also sharply increased yesterday. Finally, the Euro edged up again against the U.S.…
Despite expectations of a market reaction to the recent FOMC meeting, it was eventually a storm in a teacup as the market hadn’t reacted to the news. The FOMC kept policy unchanged. Gold and silver prices slightly declined on Wednesday.…