Based on the recent producer price index monthly update, which was published yesterday, the PPI for finished goods changed course and rose by 0.2% in January compared with December’s index. This report serves as an indicator for the developments in…
The prices of gold and silver continued to decline yesterday. Currently gold and silver are tumbling down. Some consider the news of the minutes of the FOMC meeting may have contributed to the sharp fall in precious metals prices. On today’s agenda:…
Many commodities traded in a mixed trend again on the first business day of the week: the price of Brent oil declined while WTI oil rose on Tuesday; natural gas Henry Hub future (short term delivery) changed direction and spiked…
The rates of silver and gold declined during last week. The CME market was closed yesterday on account of the U.S holiday. Will gold and silver resume their downward trend? Currently gold and silver are edging up. The minutes of…
The prices of silver and gold tumbled down during last week. Their decline may have been stem from the recent news regarding the decision of big investors such as Soros to cut their holdings in gold. Will gold and silver…
Gold and silver prices plummeted last week, mainly by the end of the week. The new around the decision of big investors such as Soros and Bacon to reduce their holdings in gold related investments may have contributed to the…
The rates of precious metals changed course and tumbled down during last week mainly on Thursday and Friday. The speculations around the decision of big investors including Soros and Bacon to cut their exposure to gold may have contributed to…
Many commodities mostly traded down again on the last business day of the week: the rates of Brent oil and WTI oil declined on Friday; natural gas Henry Hub future (short term delivery) also decreased yesterday; the prices of silver…
Gold and silver continued to trade down yesterday. Their decline coincided with the depreciation of “risk currencies” such as the Euro and Aussie dollar against the USD. The lower than expected EU GDP growth rate in the fourth quarter may…
Many commodities prices mostly traded down on the penultimate business day of the week: the price of Brent oil slipped while the WTI oil rallied on Thursday; natural gas Henry Hub future (short term delivery) changed direction and tumbled down…