Despite the low expectations for any change in policy, the ECB has surprised the markets as it has cut down the interest rate by 0.25 percentage point to 0.25% – its lowest level in history. From the other side of…
The natural gas market has kicked off November with sharp drops to its price. United States Natural Gas (UNG) has also tumbled down in the past several days. Based on the recent U.S Energy Information Administration report, last week’s buildup…
The gold and silver market didn’t do much yesterday as both precious metals slipped again. Thus both gold and silver resumed their downward trend. Their recent fall coincided with the depreciation of the Euro and Canadian dollar against the USD.…
The gold and silver ended the month with a sharp fall in their prices. As a result the gains of gold and silver were erased on the last day of the month. The recent drop in gold and silver coincided…
The precious metals market hasn’t moved much and gold and silver prices remained nearly unchanged on a monthly scale. The FOMC meeting ended with no change in policy. But some analysts think the FOMC has left the door open on…
The prices of gold and silver changed direction and tumbled down last week. Their recent plunge coincided with the appreciation of the US dollar against the Euro and Aussie dollar. The FOMC meeting didn’t offer any new headlines, but some…