Last week gold and silver prices bounced back on the second week of July after they had declined during the first week of the month. The minutes of the FOMC meeting came out but didn’t show any hints of a…
The recent publication of the minutes of the FOMC meeting didn’t help rally commodities during last week. On the other hand, there were many talks over the possibility of a stimulus plan in U.S and China, especially after the publication…
Precious metals changed direction and after they had declined during the first week of July they managed to rally on the second week. The publication of the minutes of the FOMC meeting from back in June didn’t reveal anything earth…
Gold and silver, much like many other commodities, didn’t do much yesterday as both metals moved in different direction for the second consecutive day. The U.S jobless claims decline by 26 thousand to 350k. China’s GDP growth rate report for…
Major commodities didn’t do much yesterday: Crude oil prices including both WTI and Brent edged up on Thursday; gold declined again for the third consecutive day, while silver rose for the second straight day. Natural gas Henry Hub (August delivery)…
Gold price declined again for the second consecutive day. Silver, on the other hand edged up. The recent minutes of the June FOMC meeting didn’t provide any hints of possible implementations of QE program in the near future. Several FOMC…
Major commodities continue to zigzag: they changed direction again and after they had decreased on Tuesday, major commodities prices rose on Wednesday. Crude oil prices including both WTI and Brent bounced back on Wednesday. Gold and silver prices didn’t do…
Gold and silver prices changed direction again and declined on Tuesday after they had risen on Monday. The recent news of China’s decline in trade growth during June (as both imports and exports growth fell in June compared with May’s…
Major commodities changed direction again and after they had increased on Monday, major commodities prices declined on Tuesday. The recent news of the end of the energy strike in Norway, one of the top oil producers in Europe, may have…
Gold and silver prices started off the week rising but will this rally continue today? Currently gold and silver are slightly falling. The recent news from China is that its demand for gold will only grow by 13% to 870…