Gold and silver prices changed direction again sharply rose on the last day of the week. The disappointing U.S labor report that came out on Friday rekindled the speculation of the next move of the Fed (i.e. another stimulus plan)…
The oil market cooled down very rapidly in the last few days: the price of WTI oil and by extension United States Oil (USO) has tumbled down during May by nearly 18% – the sharpest monthly fall in over a…
Last week gold and silver prices started off the same way they have shifted during the last couple of weeks with little movement until Friday when both precious metals rates (mainly gold) spiked. The disappointing U.S employment figures were the…
The commodities markets experienced one of the most turbulent weeks in 2012 (up to date) as gold and silver prices sharply rose on Friday while major energy commodities prices including oil and natural gas tumbled down throughout the week. The…
Crude oil prices plummeted during last week to their lowest levels in 2012. The disappointing U.S reports including the lower than expected growth in U.S employment may have contributed to the revised down expectations of demand for oil in the…
Crude oil prices plunged during last week. The disappointing U.S reports including the revised down U.S GDP, the decline in the growth rate of the manufacturing PMI and lower than expected growth in U.S employment may have contributed to the…