The prices of gold and silver continued their rally during last week. Despite the high expectations the publication of the minutes of the last FOMC meeting didn’t offer any additional information or insight behind the future steps of the Fed.…
The natural gas market changed direction and started to heat up this week as the price have bounced back mainly during at the middle of the week. The recent rise in prices may have stemmed by the increase in demand…
The prices of gold and silver took a sharp turn last week and spiked. Last week’s performance was among the best in recent months. Surprisingly, the forex market wasn’t as volatile as the precious metals market was last week. Further,…
The movement of gold and silver remains unclear as both precious metals prices fell at the first half of the week only to bounce back and finish the week strong. The sharp depreciation of the US dollar against leading currencies…
Despite the many items that unfolded during the week, both gold and silver prices didn’t do much on a weekly scale. During the week the US dollar sharply appreciated against the several currencies including the Aussie dollar and Canadian dollar…
The natural gas continues to cool down as the price fell again during last week mainly on Monday. The demand for natural gas in the power sectors sharply fell last week while residential/commercial rose – the total demand declined; the…
Gold and silver spiked on Monday but by Friday both precious metals slipped. On a weekly scale, however, both gold and silver rallied even though they had a mixed trend during the week. In the U.S several reports showed positive…
The price of natural gas tumbled down during last week mainly on Monday. The demand for natural gas in the residential/commercial and power sectors slightly rose last week; the supply also slightly increased. Moreover, based on the EIA natural gas…
The prices of gold and silver didn’t do much on a weekly scale: Gold price slightly rose by 1.2%; Silver slipped by 1.68%. The recent testimony of Bernanke didn’t offer some additional insight and reminded that the Fed won’t taper…
The prices of gold and silver changed direction and bounced back from their sharp tumble during the beginning of July following the U.S non-farm payroll report. It seems that the market sentiment has shifted after the publication of the minutes…