The prices gold and silver remained nearly unchanged yesterday and thus they have both continued their unclear trend from last week. Yesterday, President of Federal Bank of Philadelphia commented on the recent decision of the FOMC to launch QE3. He…
Major commodities trade in a mixed trend on the second day of the week: WTI oil decline while Brent oil started edged up; gold and silver also moved in different directions as gold edged up while silver slipped; natural gas…
The prices gold and silver declined on the first day of the week along with other commodities and foreign exchange rates such as Euro and Aussie dollar. The Euro market is still waiting for Spain to request the ECB to…
Major commodities changed direction and tumbled down on the first day of the week: WTI oil and Brent oil started the week on a negative note as both oil prices fell; gold and silver also declined; natural gas Henry Hub…
The prices gold and silver remained nearly unchanged during last week, as the effect of the announcement of the FOMC to launch QE3 seems to have dissipated (for now). Further, this announcement might have been an opportunely for many traders…
During last week, gold and silver prices remained nearly unchanged, despite the FOMC decision to commence with QE3. There were several reports that were published during last week that may have had a modest effect on the bullion market. These…
During the previous week, the prices of bullion remained nearly unchanged while the prices of oil tumbled down along with major foreign exchange rates such as Aussie dollar and Euro. The FOMC decision to launch QE3 is likely to have…
Precious metals prices didn’t do much during last week despite the publication of the FOMC decision to start its stimulus plan. There were several reports that were published during last week: the Philly Fed index rose by 5 points but…
Major commodities traded up on the last day of the week: WTI oil and Brent oil finished the week on a positive note as both oil prices rose; gold changed direction and increased while silver declined; natural gas Henry Hub…
The prices gold and silver remained nearly unchanged for the fifth consecutive business day after they had increased precipitately during the first couple of weeks of September. The depreciation of the Euro along with other “risk currencies” may have curbed…