Gold and silver changed course again this time slightly rose after they have tumbled down a day earlier. Major “risk related currencies” such as the Euro and Canadian dollar also rallied against the USD. Yesterday, it was reported that number…
Major commodities traded in a mixed trend on the penultimate business day of the week: the prices of Brent and WTI oil changed direction and fell on Thursday; natural gas Henry Hub future (short term delivery) continued to trade up…
Gold and silver continue to seek direction as they have changed direction again and tumbled down yesterday. The ongoing recovery of the U.S stock market is plausibly pulling investors out of safe haven investments such as gold and silver and…
The minutes of the recent FOMC meeting were published and didn’t reveal anything new: several members still think the current asset purchase program, in which the Fed is purchasing each month $85 billion of mortgage backed securities and long term…
Major commodities traded in a mixed trend on the third business day of the week: the price of Brent slipped while WTI oil rose again on Wednesday; natural gas Henry Hub future (short term delivery) rallied yesterday; silver and gold…
Gold and silver changed course and rallied yesterday along with other commodities such as oil and the major “risk related currencies” such as the Euro and Aussie dollar. The main event of the week – the publication of the minutes…
Major commodities traded mostly up on the second business day of the week: the price of Brent and WTI oil rose again on Tuesday; natural gas Henry Hub future (short term delivery) declined yesterday; silver and gold prices rallied on…
Gold and silver declined yesterday and thus continued their downward trend from last week. The Japanese yen continues to loose ground against the USD and Euro, while the Euro and other risk related currencies slightly appreciated against the USD. Will…
Leading commodities traded in a mixed trend on the first business day of the week: the price of Brent and WTI oil changed direction and rose on Monday; natural gas Henry Hub future (short term delivery) declined yesterday; silver and…
Gold and silver continued to trade down during most of last week. By the end of the week, however, the prices of gold and silver bounced back following the disappointing U.S non-farm payroll report. The recent developments in the forex…