Oil Stockpiles Rose by 3.2 M Bbl – February 23

According to this week’s crude oil update produced by Energy Information Administration petroleum, crude oil stockpiles changed direction again and rose during last week by 3.2 million barrels; crude oil prices also increased. The weekly update also report of closure…

Gold & Silver Prices – Daily Outlook February 23

Gold price continued its upward trend and moderately increased yesterday, while silver changed direction and was traded down.  Currently gold and silver prices are increasing. The recent manufacturing PMI reports showed that EU and China’s manufacturing might have shrunk during February.…

Gold and Oil Continued to Trade Up –Recap February 22

Many commodities prices continued yesterday their upward trend but at a slower pace than they have had on Tuesday: crude oil prices moderately increased; gold price also rose, while silver slightly declined; natural gas future price also rose yesterday. The…

Gold & Silver Prices – Daily Outlook February 22

Gold and silver prices started off the week with very sharp gains. Yesterday’s gains were the sharpest this month (so far), which only goes to show how February is much less volatile than January. Currently gold and silver prices are…