Category: Weekly Recap

Gold And Silver | Recap for December 2-6

The high volatility of gold and silver prices has returned last week. By the end, gold and silver have declined. Albeit these two precious metals have had an unclear trend: They moved from gains to losses almost on a daily…

Natural Gas Passed the $4 Mark – What’s Next?

The price of natural gas spiked on Thursday and passed the $4 mark, following the drop in storage. According to the recent weekly EIA update, the storage extraction was 162Bcf. This week’s extraction was much higher than the five year…

Gold And Silver | Recap for November 25-29

weekly precious metals chart November 25-29 2013 percent change

Last week wasn’t too interesting for the stocks, forex and commodities markets. The holiday in the U.S may have contributed to the slow paced movement in those markets. Gold and silver weren’t any different and both precious metals prices remained…

Natural Gas Continues to Head Up

Natural gas continues to heat up as it rose event day of last week. According to the latest EIA update, some of the increase could be attributed to the second extraction from storage for this season: the storage extraction was…

Gold And Silver | Recap for November 18-22

golden bar

The precious metals market continues to cool down and both gold and silver plummeted during the week to their lowest level in months. In the forex market several currencies such as Japanese yen and Aussie dollar depreciated against the US…

Gold And Silver | Recap for November 11-15

The gold market remained stagnate and the price of gold didn’t form a trend during the past week. On the other hand, silver price continued its downward trend from previous weeks and tumbled down mainly during the first part of…

Gold And Silver | Recap for November 4-8

Last week brought along with it many news items that resulted in the strengthening of the US dollar against the Euro, Aussie dollar and Canadian dollar. The prices of gold and silver moved in the same direction and tumbled down…

Gold And Silver | Recap for October 21-25

The precious metals market reheated as the prices of gold and silver rallied again for the second consecutive week. Their recent rise coincided with the ongoing depreciation of the USD against the Euro and Japanese yen. The main news item…