Precious metals prices resumed their rally and hiked during most of the week especially on the last day of the week, following the publications of the U.S labor report, in which only 96k jobs were added – many anticipated the…
Major commodities traded up during Friday: WTI and Brent oil price bounced back and rose; further, gold and silver also increased yesterday; natural gas Henry Hub future (October delivery), on the other hand tumbled down again and even spot price…
Crude oil prices demonstrated an unclear trend during last week as both WTI and Brent oil shifted from rises to falls throughout the week. The difference between Brent and WTI declined again during last week. The oil stockpiles fell during…
The price of oil hiked in the past couple of months. During August the price of WTI oil rose by 9.6%; United States Oil, by 9.8%. The recent rally of the Euro/USD may have contributed to the rise in oil…
Natural gas (short term delivery) and spot price resumed their downward trend during last week as the future rate fell by a sharper rate than the spot rate. Following these changes the difference between future and spot was mostly in…
The prices gold and silver resumed their rally, much like the U.S stock market. Further, the rise of major foreign exchange rates including the Euro Aussie dollar and Canadian dollar against the USD may have also contributed to the recovery…