Gold and silver bounced back from their tumble of the past couple of business days. This may have just been a correction to the sharp fall in their prices. Yesterday, the U.S CPI report was published: the U.S CPI fell…
The price of silver tumbled down in the past few days to its lowest level since October 2010. Since the beginning of the month the price of silver fell more than 17%. Moreover, the silver ETF, iShares Silver Trust (SLV)…
Major commodities traded mostly up on the second business day of the week: the prices of Brent and WTI oil remained virtually unchanged on Tuesday; natural gas Henry Hub future (short term delivery) changed course and rallied yesterday; silver and…
Gold and silver resumed their downward trend from the end of last week and plummeted to their lowest levels in recent years. Last weeks many talked about the recommendation of Goldman Sachs to pull out of gold and the publication…
Major commodities traded down on the first business day of the week: the prices of Brent and WTI oil fell again on Monday; natural gas Henry Hub future (short term delivery) also changed course and fell yesterday; silver and gold…
Gold and silver plummeted during most of last week. The sharpest fall came on Friday when gold declined by 4.1%; silver fell by 4.9%. The main event from last week – the publication of the minutes of the recent FOMC…
Gold and silver plummeted again during last week. Their decline didn’t seem to coincide with the developments in the forex markets but did coincide with the sharp fall of other commodities and equity markets. The rise in volatility of gold…
Major commodities including crude oil gold and silver tumbled down during most of last week. The sharp fall in oil prices may have stemmed from the recent negative U.S report (e.g. retail sales) that showed a decline in demand, and…
Gold and silver took another beating and had one of the worst performing weeks in recent years. As of April 12th, the price of gold plummeted by 5.9%, which makes April the worst performing month for gold (to date) since…
Major commodities traded mostly down on the last business day of the week: the prices of Brent and WTI oil tumbled down on Friday; natural gas Henry Hub future (short term delivery) continued to rally yesterday; silver and gold prices…