Gold price continued last week’s downward trend and declined on Monday. Silver price remained nearly unchanged. The recent fall of gold coincided with the drop of the Euro and Aussie dollar against the USD. Nonetheless, the volatility of both precious…
Oil price (WTI and Brent) rallied last week: WTI rose by 1.07%; Brent oil increased by 2.3%. As a result, the gap of Brent oil over WTI widened again: The premium ranged between $13.58 and $16.21 – the highest range…
The prices of gold and silver have resumed their downward trend last week, and they have plummeted to their lowest level in months. Their recent decline coincided with the weakness of several leading currencies such as Japanese yen and Aussie…
During last week, several leading commodities prices including gold and silver declined. Their recent tumble coincided with the recovery of the US dollar against leading currencies such as Aussie dollar, Japanese yen and Canadian dollar. In the upcoming week several…
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…
Natural gas is heating up again as its price rallied last week. Based on the recent EIA update, part of the rise could be attributed to the first extraction from storage for this season buildup: the storage extraction was 45Bcf.…