The week ended with energy commodities prices rising, and bullion metals prices reaching new highs; the week also ended with news that the US CPI in June declined by 0.2%; the Fed chairman Bernanke testified in house of representatives and…
Category: Recap
Gold silver oil and natural gas finished the week rising –July 15
Major commodities prices finished the week rising, this includes gold and silver prices among the precious metals prices and crude oil and natural gas prices among the energy commodities prices. Here is a summary of the price movements of precious…
Gold and silver continue their rally| Oil prices declined –July 14
Gold price continues to rise and reach new highs; Silver price also finished the day with rises; Crude oil price shifted direction again and finished the day with falls; natural gas price also fell. Here is a summary of…
Gold and silver reached new highs | Oil price continues its rally –July 13
Gold price continues to break new highs and is nearing the $1,600 mark; Silver price experienced yesterday its sharpest gain in 2011; Crude oil price continues its rally and moderately incline; natural gas price also continued to rise. Here…
Gold market keeps heating up | Oil price bounced back from falls –July 12
Gold price continues its charge as the Euro and US dollar further weakens against other major currencies. Crude oil price (WTI spot oil) bounced back from its falls and inclined; natural gas price continued to incline as well. Here…
Gold kept on rising | oil started the week with falls –July 11
Crude oil prices started the week with moderate falls; gold price kept on rising, while silver price ended yesterday falling; natural gas price changed direction from last week and sharply inclined. Here is a summary of the price movements…
Brent oil rose during the week; WTI didn’t change – Weekly recap 5-8 July
Crude oil prices started the week with sharp rises which changed into fall by the end of the week; by the end, Brent oil price added 4% to its value, while WTI spot oil moderately declined by 0.74%, resulting in…
Natural gas prices declined during the week – 5-8 July
Natural gas prices (Henry Hub) shifted direction coming July and started the month with sharp fall throughout most of the week. By the end of the week, the Henry Hub prices reached the levels they were at back in June…
Gold & silver started July with sharp rises – weekly recap 5-8 July
Gold and silver prices started July with sharp rises during last week; the recent ECB rate raise might have curbed the rally of gold price, but the disappointing US labor report probably titled the scales back to push gold and…
Recommended posts for the weekend – July 9th
Following the busy week in which the ECB raised the interest rate to 1.5% and the US labor report didn’t show an improvement, let’s review what other writers had to say of this week. Here are several recommended posts regarding…