The price of natural gas continues to move erratically as it passed the $5.2 mark by the end of last week. United States Natural Gas (UNG) also sharply increased last week. According to the latest U.S Energy Information Administration weekly…
The price of silver continued to rise in the past couple of weeks and reached its highest level since November 2013. Will the silver market continue to heat up or will it slow down? Let’s analyze the recent news that…
Gold and silver continued to rally last week following the ongoing slowdown in the U.S: retail sales declined by 0.4% during January; industrial production declined by 0.3% in January. Finally, jobless clams rose by 8k to reach 339k. Janet Yellen,…
Oil price (WTI and Brent) didn’t do much during last week. WTI oil slightly rose by 0.42%; Brent oil slipped by 0.77%. As a result, the gap of Brent oil over WTI narrowed: The premium ranged between $8.38 and $8.74.…
The prices of leading commodities rallied during the past week. Moreover, the US dollar also depreciated against leading currencies such as Euro, Japanese yen and Aussie dollar during last week. In the upcoming week several reports, decisions and events will…
Gold and silver market continues to slowly recover as their prices rose again during last week. The economic slowdown in the U.S economy may have contributed to the rally of precious metals: retail sales declined by 0.4% during January; industrial…