During last week, gold and silver prices remained nearly unchanged, despite the FOMC decision to commence with QE3. There were several reports that were published during last week that may have had a modest effect on the bullion market. These…
During the previous week, the prices of bullion remained nearly unchanged while the prices of oil tumbled down along with major foreign exchange rates such as Aussie dollar and Euro. The FOMC decision to launch QE3 is likely to have…
During last week, crude oil prices changed direction from their upward trend during August and the beginning of September and tumbled down throughout most of the week. The difference between Brent and WTI slightly increased but remained at its $17-$19…
Precious metals prices didn’t do much during last week despite the publication of the FOMC decision to start its stimulus plan. There were several reports that were published during last week: the Philly Fed index rose by 5 points but…
Major commodities traded up on the last day of the week: WTI oil and Brent oil finished the week on a positive note as both oil prices rose; gold changed direction and increased while silver declined; natural gas Henry Hub…
Crude oil prices changed direction and after they had increased during the first couple weeks of September, they have tumbled down during most of last week. The difference between Brent and WTI also rose during last week. The oil stockpiles…