Gold and silver tumbled down in recent weeks. Their decline didn’t seem to coincide with the developments in the forex markets including the sharp depreciation of the Japanese yen. In the U.S jobless claims rose by 28k to 385k; non-farm…
The prices of major commodities including gold, crude oil and silver tumbled down during most of last week. Conversely, major currencies moved in a mixed trend: The Euro rose against the USD while the Japanese Yen fell against the USD.…
Gold and silver continued to trade down during most of last week. The high volatility in the commodities markets didn’t seem to coincide with the relatively low volatility in the forex markets. The major developments in the forex markets came…
Major commodities traded in a mixed trend again on the last business day of the week: the price of Brent oil and WTI oil decreased again on Friday; natural gas Henry Hub future (short term delivery) rallied yesterday; silver and…
Gold and silver remained virtually unchanged as both precious metals edged down during yesterday. In Europe, ECB and BOE left their respective monetary policy unchanged: ECB decided to leave its rate unchanged at 0.75%, but ECB President hinted of a…
The prices of major commodities mostly declined again on the penultimate business day of the week: the price of Brent oil and WTI oil declined on Thursday; natural gas Henry Hub future (short term delivery) bounced back yesterday; silver and…
Gold and silver plummeted again for the second time this week. The price of silver declined in nine out of the past eleven business days. The price of gold fell in four out of the past seven business days. Other…
The rates of major commodities tumbled down again on the third business day of the week: the price of Brent oil and WTI oil sharply fell on Wednesday; natural gas Henry Hub future (short term delivery) also declined yesterday; silver…
The prices of silver and gold tumbled down yesterday and reached their lowest rates in over three weeks. In Europe the situation isn’t improving: Yesterday it was reported that UK and Italy’s manufacturing PMI fell. The EU unemployment rate rose…
The prices of major commodities mostly declined rates on the second business day of the week: the price of Brent oil declined while WTI oil edged up on Tuesday; natural gas Henry Hub future (short term delivery) decreased yesterday; silver…