Natural gas prices resumed to fall precipitately during last week. Furthermore, the gap between future and spot didn’t expand but it remained in Contango and reached by the end of the week $0.12/mmbtu. According to the recent NG storage report,…
Gold price started off the week strong as the concerns over the Debt crisis in Europe rose. This time, Spain and Italy were in the headlines. The week also started after Easter and Good Friday was celebrated over the weekend.…
Precious metals prices changed direction and after they had sharply rose on Thursday, they have finished the week falling. Crude oil prices also changed direction and slipped. Natural gas prices (spot price) also declined while the future price remained flat.…
The Bureau of Labor Statistics published yesterday the latest report of the U.S inflation for March 2012. According to the report the consumer price index increased by 0.3% and in annual terms the US CPI increased by 2.9%. The consumer…
Gold and silver prices rallied yesterday and with this gain they have both advanced from their tumble at the beginning of the month. The U.S jobless claims rose and thus may have been among the factors to pull down the…
Precious metals prices bounced back yesterday after they had slipped on Wednesday. Crude oil prices continued their rally and increased as well. Natural gas prices (future price for May) remained flat. The Euro traded up again against the U.S. dollar,…