The major energy commodities prices bounced back and hiked on the second day of the week: WTI oil and Brent oil bounced back and rose yesterday; gold and silver, on the other hand, declined on Tuesday; natural gas Henry Hub…
According to the latest October report prepared by the Organization of the Petroleum Exporting Countries regarding the recent changes in the crude oil market for September, the OPEC oil production slightly declined during September compared with August’s oil production levels.…
Gold and silver were traded down again for the second consecutive business day. Other commodities prices, such as oil, and the Euro/USD also declined on the first day of the week. On the other hand, several “risk currencies” such as…
The major commodities prices fell again on the first day of the week: WTI oil and Brent oil decreased yesterday; gold and silver also declined on Monday; natural gas Henry Hub future (November delivery) edged up on Monday; the Euro…
Gold and silver remained nearly unchanged last week, despite the sharp changes in other commodities markets, most notably the oil market, and the shifts in the foreign exchange markets. The recent non-farm payroll report, in which 114k jobs were added…
During last week, gold and silver prices remained nearly unchanged. The Aussie dollar declined against the USD mainly due to RBA’s decision to lower the cash rate by 25pp. This development may have contributed to the unclear trend of precious…