The prices of precious metals changed direction and bounced back yesterday. This rally coincided with the recent rally of risk related currencies such the Euro, Aussie dollar and Canadian dollar against USD. Today, the FOMC will conclude its two day…
Major commodities traded mostly up on the second business day of the week: the price of Brent oil and WTI oil rose yesterday; natural gas Henry Hub future (short term delivery), on the other hand, fell again yesterday; the prices…
The prices of gold and silver declined yesterday. This decline continued last week‘s downward trend. The decline of precious metals coincided with the fall of several currencies including the Euro Aussie dollar and Canadian dollar against USD. Will gold and…
Major commodities traded in a mixed trend on the first business day of the week: the price of Brent oil and WTI oil slightly declined yesterday; natural gas Henry Hub future (short term delivery), on the other hand, plunged yesterday;…
The prices of gold and silver changed direction and fell during last week. The decline of precious metals coincided with the appreciation of the USD against several currencies including the Aussie dollar, Canadian dollar and Japanese yen. Will gold and…
The prices of precious metals shifted gear again and this time declined last week along with the decrease of certain currencies against the USD such as Canadian dollar, yen and Aussie dollar. The recent news of the hike in the…
Major commodities prices including oil rallied during last week while certain other commodities such as natural gas and precious metals changed course and fell last week. Next week several reports, meetings and events may affect the financial markets. These include:…
The U.S. Census Bureau reported (opens pdf) on the changes in number of new homes sold in the U.S during December 2012: the number of new homes sales declined compared with the number of new homes sold during November 2012.…
The prices of precious metals changed direction again and this time they have declined during the past few days of the week. The recent news of the rise in the imposed tax on gold imports in India may have contributed…
Major energy commodities remained virtually unchanged on the last business day of the week: the price of Brent oil remained unchanged while WTI oil inched down yesterday; natural gas Henry Hub future (short term delivery) also edged down yesterday; the…