Following the sharp drops in the major commodities prices recorded during last week, the week before Christmas may also bring sharp shifts and turns as there are many items, meetings and events on the financial and political agenda that may…
Gold and silver prices recorded one of their worst weeks in the past months. Both precious metals prices didn’t decline by such a sharp rate since the penultimate week of September – back when the CME raised the margins on…
Major commodities prices ended the week on a slightly positive note as many commodities prices mainly precious metals prices rallied from the sharp falls recorded a couple of days earlier: Gold and silver prices slightly inclined; Brent oil price moderately…
Gold price continued to decline yesterday after the sharp falls recorded a day earlier; silver price on the other hand changed direction and slightly rallied. The U.S. Producer Price Index slightly inclined according to yesterday’s PPI report, and the Philly…
Many major commodities prices continued to decline yesterday following the sharp falls they had experienced on Wednesday: Gold price moderately declined while silver price slightly rose; crude oil prices decreased again; natural gas spot prices (Henry Hub) also declined. Major…
Gold and silver prices sharply declined yesterday along with other commodities prices such as crude oil prices; this may have been triggered by the recent FOMC meeting and the disappointment of the markets from no new stimulus plan. But today…
Major commodities prices took a dive yesterday and declined by the sharpest rate in recent months; some speculate that the trigger for this turn of events may have been the announcement in the recent FOMC meeting of no new stimulus…
Gold and silver prices changed direction several times yesterday but eventually didn’t do much and only slightly changed. The recent FOMC meeting didn’t bring much news as there were no announcements of a new stimulus plan. The market didn’t react…
Following the recent FOMC meeting in which there was no news of another stimulus plan many currencies sharply declined against the US dollar; major commodities were traded with mixed trends: Gold price slightly declined while silver price moderately rose; crude…
The concerns regarding the faith of the European Union continue to grow; the recent agreement in the EU Summit in Brussels has failed to ease the speculation around the instability of the European Union. There are mixed signals regarding the…