Gold and silver prices, as expected, hiked during yesterday as a clear cut market reaction to the publication of the minutes of the FOMC meeting. The minutes revealed that many FOMC members consider “monetary accommodation would likely be warranted fairly…
Following the publication of the minutes of the FOMC meeting the prices of bullion prices hiked. On the other hand, many commodities traded down on Thursday: crude oil price (WTI and Brent oil) decreased again; gold and silver traded sharply…
Yesterday, the U.S. Census Bureau reported the change in number of new homes sold in the U.S during July 2012: the number of new homes sales decreased compared with the number of new homes sold during June 2012. According to…
Is time for another quantitative easing? Gold and silver prices continue to rise following yesterday’s publication of the minutes of the FOMC meeting. In last month’s FOMC meeting there were no hints of another QE program, but the minutes revealed…
Following the recent publication of the minutes of the FOMC meeting there are renewed expectations of another stimulus plan. In the meantime, many commodities traded in a mixed trend on Wednesday: crude oil price (WTI) increased again while Brent oil…
Natural gas prices changed direction and bounced back in recent days despite the increase in injections in natural gas storage. The total demand tumbled last week mainly due to the plunge in the demand for power sector. The natural gas…