Gold and silver prices remained virtually unchanged during March. The latest developments in Cyprus dragged down the Euro but didn’t seem to influence much bullion traders. The increase in U.S money base, partly due to the FOMC’s QE3 program, doesn’t…
The prices of gold and silver started off the month of April the same way they have ended March: with an unclear trend. Specifically, the price of gold inched up while silver continued to decline. In the forex market many…
The leading commodities rates moved in an unclear trend again on the first business day of the week: the price of Brent oil rallied while WTI oil decreased on Monday; natural gas Henry Hub future (short term delivery) declined again…
The prices of gold and silver slightly decreased again during last week. Cyprus’s bailout news may have contributed to the depreciation of the Euro but didn’t pull up safe haven investments such as gold. Will precious metals continue to decline…
Gold and silver resumed their downward trend and slightly declined during most of last week. The latest developments, which stir up the Euro and other risk related currencies, from Cyprus were that uninsured deposits will suffer a haircut of 60%.…
The prices of energy commodities including crude oil and natural gas rallied last week while precious metals slipped. The developments in the forex markets including the whole Cyprus bailout didn’t seem to affect the commodities markets and didn’t raise the…