Natural gas (short term delivery) sharply fell during last week and reached its lowest level since the end of September. According to the latest EIA report, the NG storage remained virtually unchanged; this low movement in the storage might have…
Gold and silver rose on the day the FOMC announced it will expand its QE3 program, but the next day tumbled down. This might suggest some bullion investors used this recent announcement of the FOMC to close their position on…
Many commodities prices remained nearly unchanged on the last business day of the week: WTI and Brent oil prices bounced back on yesterday; the prices of gold and silver remained virtually unchanged on Friday; natural gas Henry Hub future (short…
The Bureau of Labor Statistics published its recent report of the U.S CPI for November 2012. According to the recent report, the consumer price index declined by 0.3% after it had increased by 0.1% in the previous month; in annual…
The prices of gold and silver changed direction again and this time tumbled down. It seems the recent FOMC decision didn’t help rally precious metals prices. Yesterday, several U.S reports came out: retail sales rose by 0.3% during November; the…
According to the recent producer price index monthly report, which was published yesterday, the PPI for finished goods fell again by 0.8% in November compared with October’s index. This report serves as an indicator for the developments in the U.S…