Natural gas prices (Henry Hub spot) changed direction and sharply rose during last week. That being said, during January natural gas spot price fell by 12.75% and the future price (February delivery) declined by 7.69%. I further talk about the…
Crude oil prices didn’t do much during last week despite the many news items that were published including the U.S. GDP report for Q4 2011. There are still tensions between the speculation revolving the stability of Euro Area and thus…
During January, gold price demonstrated its strongest performance in a single month since August 2011; for silver price it was since July 2011. Gold is currently 10.76% above its price from the end of 2011; silver has added 21.05% to…
Here is a short recap of the development of gold and silver prices during week of January 16th to January 20th; this recap includes a short description of the changes of precious metals market via chart analysis and highlights of…
Gold and silver prices continued their rally during last week as the bullish sentiment vis-à-vis the bullion market progress. The recent announcement of the FOMC to keep interest rates low until late 2014 (instead of the FOMC’s former pledge to…
Gold and silver prices continued their rally and sharply rose again during Thursday’s trading; crude oil also traded up yesterday; natural gas future price changed direction and fell while the spot price sharply increased yesterday. The Euro and other currencies…
Gold and silver prices bounced back from Tuesday’s falls and ended yesterday’s trading sharply rising; this rally came after the FOMC’s statement, in which the Fed pledged to keep interest rates low until late 2014. This announcement rekindled the speculation…
Major commodities prices changed direction and slipped during yesterday’s trading. Gold and silver were traded down; crude oil prices also declined despite the recent news of EU’s sanctions on Iran to boycott its oil; natural gas price continued its rally…
Major commodities prices started off the week with sharp gains especially for the energy commodities including crude oil prices and natural gas prices. The Euro and other currencies including Canadian dollar rallied from Friday’s falls and appreciated against the U.S.…
Gold and silver kept their upward trend they have had during most of the first month of 2012. Despite the announcement over the last weekend by S&P to downgrade France and several other EU countries’ credit rating, France and Spain…