The price of gold has started off the year on a negative note and has lost nearly 3.9% of its value (year to date). Major gold companies have suffered from the weakness in the gold market and might continue to…
The prices of silver and gold tumbled down during last week. Their decline may have been stem from the recent news regarding the decision of big investors such as Soros to cut their holdings in gold. Will gold and silver…
Gold and silver prices plummeted last week, mainly by the end of the week. The new around the decision of big investors such as Soros and Bacon to reduce their holdings in gold related investments may have contributed to the…
Major commodities prices including natural gas, gold and silver tumbled down last week; major currencies pairs including the Euro/USD and Aussie dollar/USD slightly declined in the previous week. Will this trend continue next week? In the forthcoming week several reports,…
During last week, crude oil price (WTI) remained virtually unchanged while Brent oil was traded down: WTI oil edged up by 0.15%; Brent oil declined by 1.04%. As a result, the gap between the Brent oil and WTI contracted; the…
The rates of precious metals changed course and tumbled down during last week mainly on Thursday and Friday. The speculations around the decision of big investors including Soros and Bacon to cut their exposure to gold may have contributed to…