The latest Bureau of Labor Statistics monthly report showed total U.S. employment rose 217K – close to market expectorants. According to the ADP report, private non-farm payroll grew by 179k during May. According to the recent U.S. employment report, the…
During most of May the bullion market was in its early summer slumber, but by the end of the month both gold and silver took a dive and finished May in the red. The FOMC’s next move regarding its interest…
The prices of gold and silver changed direction and plunged last week despite the modest depreciation of the U.S dollar against leading currencies. Will gold and silver resume their downward trend? For the week of June 2nd to 6th, the…
The price of silver tumbled down during last week. As a result, silver fell below $19 for the first time in nearly a year. This week, the non-farm payroll report and the ECB rate decision could stir up the precious…
Last week’s injection to storage was higher than the five year average. This development, however, didn’t stop the price of natural gas and United States Natural Gas (UNG) to recover during last week. Will the ongoing higher than normal injections…
The oil market slightly eased down as oil prices (WTI and Brent) moderately declined during last week. WTI slipped by 1.6%; Brent oil declined by 1%. As a result, the gap of Brent oil over WTI slightly widened by the…