During last week, gold and silver prices rose, mainly on Friday following Bernanke’s speech at Jackson Hole. Despite the recent rally of bullion prices, I still think it’s too early to expect another QE program. There were several other reports…
During last week, the prices of precious metals rallied mainly on the last day of the week following Ben Bernanke’s speech that rekindled the expectations of another QE program in the near future. I still think it’s too early to…
Despite Hurricane Isaac that caused a shut down in production in the Gulf of Mexico, there weren’t any substantial damages to oil infrastructure; therefore, on a weekly scale, crude oil prices didn’t move much. The difference between Brent and WTI slipped…
Precious metals prices didn’t do much during the first couple of weeks of August but then they both rallied as the renewed expectations of another stimulus plan by the Fed reignited the bullion market. The rise of Euro/USD coincided with…
Precious metals prices hiked on the last day of the week, following Ben Bernanke speech that raised expectations of many precious metals traders that another quantitative easing plan might be announced by the FOMC in the near future. Despite the…
Many major commodities prices rose on Friday: crude oil price (WTI) and Brent oil hiked on the last day of the month; gold and silver changed direction and hiked after they had declined for three consecutive days; natural gas Henry…