The prices of gold and silver started off the week on a negative note as both declined on Monday. Will precious metals continue their downward trend during the week? Hurricane Sandy will keep the trading in New York closed. The…
Major commodities prices traded mostly down on the first day of the week: WTI and Brent oil decreased yesterday; the prices of silver and gold slipped again on Monday; natural gas Henry Hub future (November delivery) changed direction on Monday…
The price of natural gas hiked yesterday by over 11% after it had declined during the previous week. On a monthly scale, the price (short term delivery) of natural gas increased by nearly 15%. The most recent hike was plausibly…
Gold and silver edged down during last week. Will precious metals trade down during this week? Hurricane Sandy is expected to reach the East Coast including Washington, Philadelphia, New York and New Jersey by late Monday or early Tuesday. CME…
The recent FOMC meeting didn’t seem to affect much the prices of gold and silver during last week, as the FOMC left its monetary policy unchanged. On a weekly scale, both gold and silver edged down. Several U.S reports may…
Precious metals price changed direction and declined during most of last month. Despite the commencement of QE3 by the FOMC it didn’t seem to affect much the prices of gold and silver. This news may, however, start affecting the prices…