Precious metals continued to rally as gold and silver rates rose for the second consecutive day. In the U.S, jobless claims rose by 10k to reach 354k during the previous week; the second GDP estimate was published yesterday: the U.S…
The prices of precious metals changed direction and bounced back on Tuesday. Their recovery coincided with the decline in equity markets and the rally of leading risk related currencies such as Euro and Aussie dollar. In Europe, the recent monetary…
In the past several days the price of natural gas tumbled down. Despite its recent fall, natural gas price is still higher than last year. Will natural gas continue to fall? How will the recent developments in the natural gas…
The prices of gold and silver resumed their downward trend and fell yesterday. In the U.S, consumer confidence sharply rose from 69 in April to 76.2 in May. The rise in the index may have helped pull up U.S equity…
The high volatility in the precious metals markets eased down during May after the high movement they have had during April. The recent publication of the minutes of the FOMC meeting from back in May and Bernanke’s testimony in Congress…
Leading commodities were traded in a mixed trend on the second business day of the week: Brent oil and WTI oil bounced back on Tuesday; natural gas Henry Hub future (short term delivery) decreased yesterday; silver and gold continued to…