The prices of crude oil resumed their downward trend during the day. Energy Information Administration published its petroleum and oil weekly update in which the EIA estimates a drop in U.S consumption for oil and a rise in production during…
Many commodities prices changed direction and fell on the second business day of the week and the month: WTI oil and Brent oil prices declined yesterday; the prices of silver and gold also plunged on Tuesday; natural gas Henry Hub…
The prices of gold and silver bounced back from their tumble on the last day of November. Will gold and silver continue to trade up? Currently, the prices of gold and silver are falling. The recent release of the U.S…
Many commodities prices rose on the first business day of the week and the month: WTI oil slightly rose while Brent oil prices edged down yesterday; the prices of silver and gold rallied on Monday; natural gas Henry Hub future…
Gold and silver changed direction and traded down during most of last week. Will precious metals continue to trade down this week? As I have stated in the precious metals weekly outlook, there are several events and reports that may…
Today, the U.S. Manufacturing ISM report was published; according to the recent report, the U.S. Manufacturing PMI index declined to 49.5% during November 2012. The U.S. Manufacturing PMI is an index estimating the economic development of the U.S. manufacturing sectors;…