Gold & Silver Prices – Daily Outlook May 10th 2012

Gold and silver prices continued their descent during yesterday. As a result of yesterday’s fall gold reached its lowest level since December 2011l. The price of silver is the lowest since January 9th 2012. There still growing concerns that the…

Gold and Silver Continued Their Downward–Recap May 9th

Gold and silver prices continued their downward trend with no clear end in sight. Crude oil prices also declined during yesterday trading. Alternatively natural gas price hiked again yesterday. Finally, the Euro depreciated again against the U.S. dollar for the…

OPEC’s Oil Production Slightly Rose in April 2012

According to the latest May report by the Organization of the Petroleum Exporting Countries regarding the recent developments in the oil market, the OPEC oil production slightly increased again during April compared with March’s oil production levels. This rise was…

Oil Stockpiles Slightly Rose by 1.5MB– May 9

In this week’s petroleum and crude oil report by the Energy Information Administration, it was reported that petroleum and crude oil stockpiles slightly rose during the previous week. There was also a rise in imports, production and refinery inputs. On…

Gold & Silver Prices – Daily Outlook May 9th 2012

Gold and silver prices tumbled down during yesterday’s trading. This fall didn’t come after a fundamental change but rather on account of the recent developments in Europe, in particular the aftermath of the recent elections in France and Greece. This…