As many had anticipated the ECB left the Euro interest rate unchanged at 0.75%. In the recent ECB monetary policy meeting Mario Draghi stated there are still challenges the EU will have to face but it may start to show…
Major commodities shifted gear and mostly traded down on the third business day of the week: the price of Brent oil and WTI oil edged down; the prices of gold and silver also declined on Wednesday; natural gas Henry Hub…
The prices of gold and silver shifted gear and sharply rose yesterday. The recent news from Europe including the decline in Germany’s factory orders in November, and the rise in Euro Area unemployment rate to 11.8% may have contributed to…
Major commodities traded in a mixed trend again on the second business day of the week: the price of Brent oil increased while WTI oil edged down; the prices of gold and silver rose on Tuesday; natural gas Henry Hub…
The low volatility has returned to the precious metals markets. The prices of gold and silver, much like other commodities, remained virtually unchanged on the first day of the week. Will gold and silver resume their downward trend? Currently, gold…
Major commodities moved in a mixed trend on the first business day of the week: the price of Brent oil and WTI oil changed edged up; the prices of gold slipped while silver rose on Monday; natural gas Henry Hub…
The prices of gold and silver remained nearly unchanged on a weekly scale. The optimism in the precious metals markets following the recent decision of U.S policymakers to raise taxes and averting the “fiscal cliff” didn’t last long. The prices…
Despite the high volatility in the prices of gold and silver during last week, they remained nearly unchanged on a weekly scale. Gold and silver rallied after the holiday after the announcement that the U.S Senate and later Congress approved…
During last week, the high volatility in the financial markets returned following the New Year’s holiday. Soon after the fiscal cliff was averted, the markets rallied. Soon after, however, certain markets such as precious metals resumed their downward trend. The…
The prices of precious metals haven’t done much on a weekly scale even through they have had a spike in their price volatility. Precious metals, much like in other financial securities such as other commodities and stocks, rose on the…