Gold and Silver Prices – Daily Outlook for July 12

Gold and silver spiked during yesterday’s trading. The volume of trade also rose as the ramifications of Bernanke’s remarks may have contributed to the rally of not only precious metals prices but also equities. The current expectations are that the…

Gold and Silver Prices – Daily Outlook for July 11

The high volatility in the financial markets including forex and commodities during yesterday’s trading may have stemmed, in part, by the recent publication of the minutes of the FOMC meeting and Bernanke’s speech. The dovish remarks of Bernanke may have…

The FOMC minutes is pulling up gold and silver

The minutes of the latest FOMC meeting were published today. The minutes didn’t present too much added value information that wasn’t covered in the statement of the FOMC meeting and the press conference that followed. But the market is reacting…

Will Natural Gas Resume its Downward Trend?

The natural gas market hasn’t done much during last week following the sharp fall in natural gas prices a couple of weeks ago.  According to the latest EIA update, last week’s buildup in natural gas storage was roughly the same…

Gold and Silver Prices – Daily Outlook for July 9

Precious metals prices changed direction and following their sharp tumble on Friday, they bounced back on Monday. Will their rally persist? The recent rally of precious metals came in a slow business day as volume of trade wasn’t high. The…