Natural gas changed direction and after it had declined in recent weeks the Henry Hub (July delivery) spiked by nearly 15%; crude oil also sharply rose during yesterday’s trading. Gold continued to dwindle as it edged up yesterday by one…
Gold and silver didn’t do much yesterday as gold price slightly rose and silver edged down. The mixed trend of major currencies during yesterday’s trading may have contributed to the mixed trend in the bullion market. The U.S PPI sharply…
Gold continued to rally and completed by yesterday a four day rally; silver on the other hand, edged down on Wednesday; crude oil resumed their descent and declined during yesterday’s trading; natural gas future price also decreased, while the spot…
Gold and silver rose for the second consecutive day. Today there are a couple of bond auctions that will take place including Germany and U.S. Italy will also sell bonds later this week (will seek at least €9.5 billion). If…
Oil and Natural gas changed direction and after their tumble on Monday, both energy prices managed to rally on Tuesday; WTI and Brent oil rose by little under one percent; natural gas future price also increased by a similar rate,…
According to the latest producer price index monthly report, which came out today, the PPI for finished goods tumbled down by 1% in May compared with April’s index. This report serves as an indicator for the changes in the U.S…
Oil and Natural gas started off the week falling: Brent oil tumbled down by a much higher rate than WTI; natural gas future price also plunged by almost 4%; gold and silver prices didn’t so much yesterday as both metals…
Gold and silver prices managed to level out on Friday after their sharp fall on Thursday. On Friday the U.S trade balance report came out and showed the goods and services deficit fell during April to $50.1 billion. The recent…
Last week gold and silver prices started off the week with little movement, but by Thursday both precious metals tumbled down after the testimony of Bernanke didn’t deliver in relaying whether another QE program might be issued in the near…
The commodities markets continued to cool down including gold and silver markets after Bernanke put a wet blanket on the renewed speculations revolving the possibility of the Fed to introduce another stimulus plan in the near future. In the mean…