The prices of precious metals zigzagged during the week only the finish the week on a positive note. Both metals rose on a weekly scale. The FOMC left its policy unchanged, but it this news seems to have been crowded…
Major commodities traded mostly up on the last business day of the week: the price of Brent oil and WTI oil increased yesterday; natural gas Henry Hub future (short term delivery) changed course and fell yesterday; the prices of gold…
Crude oil price sharply increased during last week. The U.S stockpiles rose according to the latest EIA report. The difference between Brent and WTI has widened to a range between $17 and $18 during last week. Brent rose by 3.07%…
Natural gas (short term delivery) declined at the beginning of last week only to bounce back on Wednesday; the price of the Henry Hub fell by the end of the week. The decline in natural gas prices was despite the…
The price of gold didn’t do much during January; silver price, on the other hand, bounced back from its tumble during December and rose during last month. The little movement in the price of gold on a monthly scale might…
The prices of precious metals changed course and tumbled down yesterday after they spiked on Wednesday. China’s manufacturing PMI (opens pdf) inched down to 50.4, which means the manufacturing sectors in China are expanding at a slower pace than in…