The financial markets continued to rally following the news from Europe including: the ECB cutting the rate by 0.25 percent points to 1.25% and the chance of Greece canceling the Referendum. Yesterday major commodities prices rallied: gold and silver prices finished…
Following the sharp falls on Tuesday that were partly driven by the news from Greece that there will be a Referendum in the EU debt reduction plan, major commodities made a comeback yesterday: gold and silver prices were traded sharply…
November started off with losses for major commodities: gold and silver prices started trading with sharp falls that turned by the end of the day to just light falls for gold price; crude oil prices also slightly declined. Natural gas…
The month of October ended with sharp falls for gold and silver prices; crude oil prices also slipped. On the other hand natural gas prices ended the month with light gains. Here is a summary of the price movements of…
Gold and silver prices recorded a huge comeback during last week after they had slipped a week earlier. The EU debt crisis was the center of attention during last week as there were two EU summits and in the second…
The crude oil market had a very volatile week as did most other commodities: the news of the EU summit agreement on debt resolution shock the financial markets and the report of the U.S. GDP growth rate may have also…
Natural gas market had a very turbulent week as did most other energy commodities such as crude oil market. The Contango reached a very high level by the end of the week which might mean that November is going to…
After the sharp gains recorded on Thursday to major commodities, Friday ended with a slower trading day as major commodities prices slightly changed: crude oil prices slipped; gold price slightly declined while silver price rose again. On the other hand…
Major commodities got a big bump yesterday after the news of EU leaders reaching an agreement on the debt crisis resolution, and the news of the U.S. GDP growth rate reaching 2.5% broke; these news items seem to have helped…
Gold and silver prices continued their rally and increased for the fourth straight business days; on the other hand crude oil prices sharply fell; natural gas prices were traded with mixed trend as the spot price increased while the short…