2012 was a year many leading gold producers would like to forget. Shares of many gold producers haven’t performed well during last year. The stagnation of the price of gold during the year contributed to poor performance of several gold…
During recent weeks the price of oil has rallied. One of the reasons many investors attribute to the recent rise in oil prices is the tensions in Algeria. The colder than anticipated weather in Europe and U.S is also another…
The prices of precious metals resumed their upward trend during most of last week despite the depreciation of major “risk related currencies” against the USD. Bernanke’s speech from last week didn’t seem to influence traders. I guess we will have…
Major commodities prices including gold, silver and oil rose during last week. Will this rally continue? Next week several reports and speeches may affect the financial markets. These include: U.S new home sales, Mario Draghi’s speech, Euro-group meetings, Canada’s retail…
During last week, crude oil price resumed its upward trend. According to the recent EIA report, oil stockpiles rose by 3.7MB. During last week, WTI oil rose by 2.14%; Brent oil inched down by 0.03%. As a result, the gap…
The prices of precious metals shifted gear and rallied during the week. Moreover, due this rally, the prices of gold and silver ended the week higher than they were a week back. Bernanke’s speech from last week didn’t seem to…