Gold and silver started off the week with little movement as both metals shifted from gains to losses throughout the day (Monday) until both metals settled in the green column. There are renewed speculation around another stimulus plan by the Fed after Fed bank…
Oil and Natural gas started off the week falling: Brent oil tumbled down by a much higher rate than WTI; natural gas future price also plunged by almost 4%; gold and silver prices didn’t so much yesterday as both metals…
According to the latest June report by the Organization of the Petroleum Exporting Countries vis-à-vis the recent changes in the oil market, the OPEC oil production remained nearly unchanged during May compared with April’s oil production levels. OPEC’s crude oil…
Oil has tumbled down in recent weeks and in the process it dragged along with it many energy stock prices including the leading energy stock Chevron Corporation (CVX). Oil prices and by extension United States Oil (USO) has lost over…
Gold and silver prices managed to level out on Friday after their sharp fall on Thursday. On Friday the U.S trade balance report came out and showed the goods and services deficit fell during April to $50.1 billion. The recent…
Last week gold and silver prices started off the week with little movement, but by Thursday both precious metals tumbled down after the testimony of Bernanke didn’t deliver in relaying whether another QE program might be issued in the near…