The price of silver changed course and bounced back during last week. But will the recent rally of silver continue? Let’s examine the recent news that may affect silver and the silver ETFs. The recent rally of silver has reflected…
The price of natural gas changed course and fell during last week. United States Natural Gas (UNG) also plummeted during the previous week. According to the latest U.S Energy Information Administration weekly update, last week’s natural gas extraction was much…
Oil prices (WTI and Brent) changed course and dropped during last week. WTI oil fell by 3.6%; Brent oil, by 0.40%. As a result, the difference of Brent oil over WTI widened: The premium ranged between $6.96 and $10.03. Last…
The prices of gold and silver bounced back during last week. The weakness in the equities markets and recent depreciation of the US dollar against the Japanese yen and Euro may have contributed to the rally of precious metals. The…
Leading energy commodities dropped, while precious metals rallied during the past week. The US dollar depreciated against leading currencies such as Euro and Japanese yen during last week. This week several reports, speeches and events will come to fruition including:…
Gold and silver continued to zigzag throughout last week, but their jump on Wednesday was enough to maintain their weekly prices elevated. The recent depreciation of the US dollar against leading currencies including Japanese yen and Euro may have contributed…