Many commodities traded with a mixed trend on the third business day of the week: WTI oil and Brent oil rose again yesterday – WTI oil increased for fourth consecutive business day; the prices of gold and silver continued to…
The prices of precious metals resume their downward trend as both gold and silver sharply fell. The recent tumble in precious metals, however, didn’t coincide with the recent depreciation of the USD. The talks between President Obama and House Speaker…
The prices of crude oil bounced back and increased in recent days. The Energy Information Administration came out with its petroleum and oil weekly update: During last week, U.S stockpiles changed direction and moderately declined: the total U.S oil and…
According to the latest U.S. Census Bureau report regarding the new residential construction statistics for November 2012, the annual rate of housing starts fell while rate of building permits rose. This report sends a mixed signal as to the progress…
Many energy commodities prices declined on the second business day of the week: WTI oil and Brent oil moderately rose yesterday; the prices of gold and silver sharply fell on Tuesday; natural gas Henry Hub future (short term delivery) also…
The prices of gold and silver remained virtually unchanged on Monday. The low volatility was also in other commodities and forex markets. There seems to be some progress in the talks between President Obama and House Speaker Boehner in tackling…