Gold and silver decreased on Monday after the price of silver rallied on Friday. Last week’s developments including: the publication of the U.S employment report, the FOMC meeting, and ECB rate decision didn’t stir up precious metals markets. This week…
During the previous week, gold and silver didn’t do much. Their unclear trend coincided with the mixed trend in the forex market, in which the Euro remained nearly unchanged against the USD while the Aussie dollar plunged by 3.82% against…
Last week the Aussie dollar tumbled down while the Euro remained nearly unchanged against the USD. In the commodities market, silver and crude oil rallied while gold and natural gas declined. In the upcoming week several reports, decisions and events…
The price of oil (WTI and Brent) bounced back last week: WTI rose by 2.14%; Brent oil, by 1.66%. As a result, the premium of Brent oil over WTI contracted; the premium ranged between $1.65 and $3.83. Based on the…
Despite the many items that unfolded during the week, both gold and silver prices didn’t do much on a weekly scale. During the week the US dollar sharply appreciated against the several currencies including the Aussie dollar and Canadian dollar…
The natural gas continues to cool down as the price fell again during last week mainly on Monday. The demand for natural gas in the power sectors sharply fell last week while residential/commercial rose – the total demand declined; the…