Gold and major precious metals companies haven’t performed well in recent weeks. The decision the FOMC to launch another quantitative easing didn’t seem to help, for now, pulling up the price of gold. Let’s examine the recent developments related to…
The prices of gold and silver declined yesterday. A few U.S reports were published yesterday: the U.S CPI edged up by 0.1%; the Philly Fed survey showed the manufacturing have deteriorated mainly due to the adverse effect of Hurricane Sandy.…
The prices of natural gas prices rose during most of the week until yesterday. According to the recent report of the EIA, the total NG demand slightly increased again mainly due to the rise in the residential/commercial sector’s demand. The…
The Prices of crude oil declined during most of the week so far. The latest EIA update shows the oil stockpiles decreased in the U.S during last week. The petroleum and oil weekly update by Energy Information Administration shows an…
Many commodities were traded mostly down on the penultimate business day of the week: WTI oil and Brent oil changed direction again and fell yesterday; the prices of silver and gold also decreased on Thursday; natural gas Henry Hub future…
The prices of gold and silver changed direction and increased yesterday. The recent publication of the minutes of the FOMC meeting from back in October didn’t offer much insight regarding the next move of the FOMC. A couple of U.S…