Natural gas prices changed direction and tumbled down during the last few days after they had increased during the past few months. There are some who think there will be a change in the warmer than normal weather in the…
Gold and silver declined for the second consecutive day after the FOMC didn’t announce any additional monetary expansion plans. As I have pointed out, without another QE program, gold and silver will likely to remain flat. The U.S manufacturing PMI…
Major commodities were traded with mixed trend during the first day of the month: crude oil price (WTI) rose while Brent oil decreased again on Wednesday; gold and silver prices continued to decline; natural gas Henry Hub (August delivery) and…
The Fed announced it won’t change its monetary policy and keep its ongoing plans of extending operation twist and keeping low rates until late 2014. The FOMC stated it sees signs of slowdown in the U.S. economy. Currently gold and…
According to this week’s petroleum and oil weekly update prepared by the Energy Information Administration, there is an analysis on the high levels of operations in refineries in the Central U.S. During last week there was a drop in the…
Gold and silver didn’t do much on the last day of July as both precious metals edged down. Many other commodities rates such as oil prices and U.S stock markets also declined. Today, the FOMC will conclude a two day…