Last week, the FOMC meeting may have rekindled the speculations of tapering QE3 in December. The market reaction soon followed as the USD rallied and precious metals prices tumbled down. Looking forward, will the US dollar continue to rally? This…
Oil prices (WTI and Brent) continued to fall during last week: WTI decreased by 3.31%; Brent oil, by 0.95%. As a result, the gap of Brent oil over WTI further widened: The premium ranged between $10.81 and $13.09. Last week,…
The precious metals market cooled down at the end of the month and both gold and silver prices tumbled down on Thursday – the last trading day of the month. In the last four consecutive months gold and silver declined…
The natural gas market has cooled down last week after it had heated up in the previous week. The price of natural gas sharply fell mainly at the beginning and the end of the week, partly because the recent injection…
The low volatility of gold and silver ended yesterday as both precious metals prices tumbled down. Their recent fall nearly erased all their grains from the past month. Several theories may explain the recent fall including the renewed speculations that…
The FOMC’s meeting ended with no dramas and it was decided to keep the monetary policy unchanged. Gold and silver recovered from their recent slump and slightly rose yesterday. In U.S news, the consumer price index for September inched up…