Gold and silver prices changed direction from their two day rally during the end of last week and resumed their downward trend during yesterdays trading. On the other hand crude oil prices rose; natural gas future tumbled down. The Euro…
Gold and silver prices continued their rally on Friday and thus completed a two day recovery after both metals had declined during most of the month so far. On today’s agenda: FOMC Member Lockhart Speaks. Currently precious metals prices are…
Last week gold and silver prices changed direction from a downward trend to a sudden steep increase on Thursday and Friday. Could this mean there is some fundamental shift in the bullion market that warrants such a shift? The main…
Following the recent developments in the Greece in which it was decided there will be elections on June 17th the Euro took a dive and was traded down most of the week against the USD. The recent publications from the…
Crude oil prices continued their downward trend during most of last week. The Brent premium over WTI slightly increased again to the $15 -$17 range. During the upcoming week there are several reports and publications that may affect the oil…
The precious metals market changed direction during the second part of the week. Both metals started off the week falling along with the rest of the commodities markets and Forex rates (e.g. the Euro/USD). In Europe the conditions haven’t improved:…