Silver Wheaton (NYSE: SLW), the world’s largest silver streaming company, has recently announced it joined the World Gold Council. Does this mean, the company’s gold operations take a much higher portion of its sales in the coming years? In other…
The oil market didn’t move much last week as oil prices (WTI and Brent) slightly declined during last week. WTI inched down by 0.05%; Brent oil declined by 0.73%. As a result, the gap of Brent oil over WTI slightly…
The price of natural gas and United States Natural Gas (UNG) rallied, despite the higher than normal injection to storage during last week. Moreover, during the past four weeks, the injections to storage were 24% higher than the 5-year average.…
Gold and silver bounced back last week despite their modest fall on Friday following the released of the NF payroll report, in which 217K jobs were added during May – inline with markets projections. Even the decision of the ECB…
The commodities and forex markets remained relatively unchanged last week as the prices of precious metals, natural gas and oil slightly moved. This week, many news items of the agenda including: U.S PPI, China’s industrial production, U.S JOLTS report, EU…
The bullion market remained clam throughout the week despite the recent decision of the ECB to reduce its deposit rate to a negative figure. This news also had little impact on the Euro. At the end of the week, the…