Gold and silver continued to trade up last week; their rally coincided with the appreciation of the Euro and Canadian dollar again the USD and other commodities such as oil. The FOMC kept its policy unchanged. This news, however, seems…
Major commodities prices including oil, gold and silver continued to trade up during last week while certain other commodities such as natural gas fell. Next week several reports, decisions and events may affect the financial markets. These include: ECB and…
The prices of precious metals zigzagged during the week only the finish the week on a positive note. Both metals rose on a weekly scale. The FOMC left its policy unchanged, but it this news seems to have been crowded…
Major commodities traded mostly up on the last business day of the week: the price of Brent oil and WTI oil increased yesterday; natural gas Henry Hub future (short term delivery) changed course and fell yesterday; the prices of gold…
The price of gold didn’t do much during January; silver price, on the other hand, bounced back from its tumble during December and rose during last month. The little movement in the price of gold on a monthly scale might…
The prices of precious metals changed course and tumbled down yesterday after they spiked on Wednesday. China’s manufacturing PMI (opens pdf) inched down to 50.4, which means the manufacturing sectors in China are expanding at a slower pace than in…
Major commodities traded in a mixed trend on the fourth business day of the week: the price of Brent oil rose while WTI oil slightly decreased yesterday; natural gas Henry Hub future (short term delivery) inched up yesterday; the prices…
The prices of precious metals spiked yesterday along with other commodities and risk related currencies such the Euro and British Pound against USD. The unfavorable report regarding the contraction in the U.S economy – U.S GDP for Q4 declined by…
Major commodities traded up on the third business day of the week: the price of Brent oil and WTI oil slightly increased yesterday; natural gas Henry Hub future (short term delivery) bounced back and spiked yesterday; the prices of gold…
The FOMC concluded its first meeting this year and as the market had anticipated, the Fed left its policy unchanged: the Fed will continue purchasing mortgage-backed securities at a pace of $40 billion per month, and long term securities at…