The prices gold and silver changed direction and slipped on the first day of the week after they had risen during the past couple of weeks. Major commodities and stocks also declined on Monday. The bullion market seems to have…
Major commodities traded down on Monday: WTI oil and Brent oil changed direction and declined; gold and silver also edged down despite the announced of the FOMC on QE3 last week; natural gas Henry Hub future (October delivery) and spot…
The prices gold and silver continued to rally during last week, mainly following the announcement of the FOMC to commence QE3, in which it will start buying mortgage backed securities at a rate of $40 billion per month. This time,…
During last week, gold and silver prices increased, mainly on Thursday following the publication of the FOMC decision to commence with QE3 that will include the Fed buying mortgage backed securities at a pace of $40 billion per month. There…
During the previous week, the prices of commodities continued their rally mainly after the FOMC decided to launch another Quantitative Easing Plan (QE3) in which the Fed will purchase mortgage backed securities at a rate of $40 billion per month,…
During last week crude oil prices resumed their rally as both WTI and Brent oil increased. The difference between Brent and WTI slightly rose but remained at its $17-$19 range. The FOMC decision to launch QE3 may have contributed to…