Gold and silver prices bounced back from the recent tumble during; crude oil prices also rallied yesterday; on the other hand, natural gas future price resumed its downward trend. The Euro slightly appreciated again against the US Dollar. Here is…
According to the recent crude oil weekly update produced by Energy Information Administration petroleum, crude oil stockpiles slightly declined last week by 1.4 million barrels; crude oil prices on the other hand edged up. The weekly update includes an analysis…
One of the major news events that may affect the financial markets, besides the results from Super Tuesday, is the ramifications in case Greece will default on its debt. Let’s examine, how, if at all, such a scenario will affect…
Gold and silver prices declined for the third consecutive day. There are still speculations around the possibility of Greek default, which could come into effect on Thursday. But due to the LTRO, EU banks have more than enough funds to…
Gold and silver prices continued their downward trend and completed yesterday a three consecutive days in which both metals were traded down; crude oil prices also declined yesterday; on the other hand, natural gas future price slightly rose. The Euro…
Gold and silver prices started the week the same way they have ended last week- falling. Despite the sharp fall of silver price on Monday, gold price and many other commodities prices such as crude oil prices didn’t change much…