Last week gold and silver prices tumbled down and thus are headed (at thus rate) to the worst performing month (so far) in 2012. This upcoming week there are many news items on the agenda that may affect the direction…
Following the results of the French and Greek election the market reacted to this news as the Euro declined during the week and dragged along with it other currencies such as the Aussie dollar and also commodities prices such as…
Crude oil prices continued their descent and mostly declined during the month (so far). The reports from OPEC and IEA might suggest the oil market is loosening up. The Brent premium over WTI slightly rose to $14 -$15 range. During…
The precious metals market continued to show weakness all through last week as both gold and silver sharply fell. During the month so far gold has shed 4.82% off its value and silver tumbled down by 6.85%. At the current…
Gold and silver prices resumed their downward trend and ended the week falling. Other commodities also declined including crude oil (WTI); natural gas future continued to trade up yesterday. Finally, the Euro also resumed its descent and thus decreased in…
Crude oil prices continued their descent and declined again during last. The news from OPEC of the steady rate of OPEC’s oil production and the rise in OECD oil inventories is plausibly a sign that crude oil prices, from the…