The prices of natural gas prices tumbled down during yesterday following the recent EIA report, in which the natural gas storage buildup was 111 Bcf. This news is likely to further pressure down the prices of natural gas as it…
The equity markets tumbled down for the second consecutive day. The fall in stock markets may have contributed to rally of precious metals prices. Their rally came despite the sharp depreciation of “risk related currencies” such as the Aussie dollar.…
The prices of gold and silver changed direction and slipped on Tuesday. Their fall coincided with the depreciation of “risk related currencies” such as the Aussie dollar. Yesterday, Reserve Bank of Australia left its rate unchanged at 2.75% but left…
Precious metals market heated up on Monday after gold and silver prices haven’t done much during last week. The recent positive news of the growth in China’s manufacturing PMI while the U.S manufacturing has tumbled down may have helped pull…
The prices of gold and silver haven’t performed well during May. But looking forward, will gold and silver recover from their recent tumble. Let’s break down the upcoming events that may affect gold (GLD) and silver (SLV) prices and analyze…
Leading commodities were traded up on the first business day of the week: Brent oil and WTI oil bounced back on Monday; natural gas Henry Hub future (short term delivery) slightly increased yesterday; silver and gold changed direction and rallied…