The prices of oil (both WTI and Brent) changed course and tumbled down during most of last week: WTI fell by 4.66%; Brent oil, by 5.36%. As a result, the gap between the Brent oil and WTI shrank again to…
Oil Weekly Outlook For April 8-12
Gold And Silver | Weekly Recap for April 1-5
Gold and silver continued to trade down during most of last week. The high volatility in the commodities markets didn’t seem to coincide with the relatively low volatility in the forex markets. The major developments in the forex markets came…
Natural Gas – Weekly Recap April 1-5
Natural gas future price (short term delivery) tumbled down during the first few days of the week only to bounce back on the last couple of days of the week. According to the recent EIA natural gas storage update, the…
Gold and Nat Gas Bounced Back on Friday – Recap April 5th
Major commodities traded in a mixed trend again on the last business day of the week: the price of Brent oil and WTI oil decreased again on Friday; natural gas Henry Hub future (short term delivery) rallied yesterday; silver and…
Gold and Silver Prices – Daily Outlook for April 5
Gold and silver remained virtually unchanged as both precious metals edged down during yesterday. In Europe, ECB and BOE left their respective monetary policy unchanged: ECB decided to leave its rate unchanged at 0.75%, but ECB President hinted of a…
U.S Employment Rose by Only 88k in March | Gold & Silver Rally
The U.S. employment rose by a lower than many had anticipated – based on ADP estimate, the non-farm payroll rose by 158k during March: According to the recent U.S. employment report, which was published today, April 5th by the Bureau…