Major commodities moved with a mixed trend on the last business day of the week: the price of Brent oil declined while WTI oil changed direction and rose; the prices of gold and silver plummeted on Friday; natural gas Henry…
The prices of gold and silver changed direction and tumbled down on Thursday. The recent release of the minutes of the FOMC meeting may have contributed to the tumble in precious metals prices. Moreover, the expectations that the upcoming U.S…
The U.S. employment increased again by a higher rate than many had anticipated during December: according to the recent U.S. employment report, which was published today, January 4th by the Bureau of Labor Statistics the number of non-farm employees grew…
Major commodities changed direction and fell traded on the penultimate business day of the week: the price of Brent oil and WTI oil changed direction and declined; the prices of gold and silver also shifted gear and fell on Thursday;…
The prices of gold and silver continued their upward trend on Wednesday. This rally coincided with the rise in other financial markets including other commodities such as crude oil and U.S stock markets. This rise was mostly attributed to the…
Major commodities traded sharply up on the first business day of the year: the price of Brent oil and WTI oil rose again; the prices of gold and silver also rose on Tuesday; natural gas Henry Hub future (short term…
The prices of gold and silver rallied on Monday. Will this rally continue? The recent news from the U.S is that the fiscal cliff was averted. This news received the final confirmation as Congress approved the plan to increase taxes…
Major commodities traded mostly up on the last business day of the year: the price of Brent oil and WTI oil changed direction and rallied; the prices of gold and silver also shifted gear and rose on Monday; natural gas…
Gold and silver edged down again during last week. Unless there will be a last minute development, the U.S economy will jump over the “fiscal cliff”. These budget talks aren’t likely to end in 2012 as U.S policymakers could still…
Precious metals prices resumed their downward trend during December. This downward trend, however, was less related to the movement of the USD or the changes in other commodities prices and was plausibly related to other factors. These factors could include…