Precious metals prices resumed their downward trend during December. This downward trend, however, was less related to the movement of the USD or the changes in other commodities prices and was plausibly related to other factors. These factors could include…
The prices of gold and silver edged down during the previous week. As the year is winding down, the clock is still ticking on the fiscal cliff. Up to now, the White House and Congress didn’t progress towards a viable…
During the previous week, major commodities remained mostly unchanged as the markets slowed down due to the Holiday. Even the uncertainty around the fiscal cliff didn’t seem to affect the foreign exchange and commodities markets. Last week several U.S reports…
Gold and silver edged down during last week. The discussions between the White House and Congress officials regarding cutting the U.S budget deficit in this decade and avoiding the fiscal cliff didn’t seem contributed to movement in the bullion market.…
Major commodities traded mostly down on the last business day of the week: the price of Brent oil and WTI oil declined again; the prices of gold and silver also shifted gear and slipped on Friday; natural gas Henry Hub…
During the past couple of months, the price of oil has slightly increased. Despite the recent rally in oil prices, they are still down for the year by nearly 8%. The ongoing rise in the oil production and stockpiles along…