The prices of gold and silver remained nearly flat yesterday after they had rallied on Monday. Their low volatility might be related to the U.S government shutdown, which may have reduced the volume of trade in the financial markets. Moreover,…
The gold and silver market continues to seek direction and much like last week, prices of precious metals have changed direction from Friday and bounced back. Their recent rally coincided with the recovery of the Euro against the USD. The…
The natural gas market has cooled down in recent weeks. According to the latest U.S Energy Information Administration report, last week’s buildup in natural gas storage was higher than the five year average buildup. Will natural gas price change direction…
The precious metals market has stabilized in the past couple of weeks after the September FOMC meeting. This week, however, the publication of the minutes of that FOMC meeting could reignite the gold and silver market. Furthermore, the recent U.S…
Last week, leading commodities including oil and silver rallied. Conversely, other commodities such as gold and natural gas declined. The uncertainty around the progress of the U.S economy as the government shutdown continues may keep commodities moving in different directions.…
The prices of oil (WTI and Brent) bounced back during last week: WTI rose by 1.48%; Brent oil, by 1.01%. As a result, the gap of Brent oil over WTI slightly contracted: The premium ranged between $5.09 and $6.04. According…