The leading energy commodities such as oil bounced back last week while other commodities including gold silver and natural gas continued to trade down during last week. Will leading commodities continue to trade down? In the forthcoming week several reports,…
Precious metals markets continued to show weakness and both gold and silver were traded down again during last week. Their fall coincided with the decline of leading currencies against the USD. All eyes are towards the next FOMC meeting that…
Natural gas market continues to cool down as the supply keeps rising, the demand for natural gas in the residential/commercial sector is falling and the storage continues to buildup at the faster than normal pace. During the week, short term…
The natural gas market has been cooling down in recent weeks as the price of natural gas has been declining. Will natural gas further decline? Will it fall below the $3 mark? How will the recent developments in the natural…
The prices of precious metals slipped again yesterday. Gold has almost fallen below $1,200 mark and silver is getting closer to the $18 mark. The positive news from the U.S regarding its economic progress may have contributed to the rally…
Gold and silver resumed their downward trend and tumbled down yesterday. Their fall coincided with the depreciation of several currencies against the USD including Euro. Following Tuesday’s reports that showed growth in the U.S economy, yesterday the last update of…