Major commodities prices changed direction and slipped during yesterday’s trading. Gold and silver were traded down; crude oil prices also declined despite the recent news of EU’s sanctions on Iran to boycott its oil; natural gas price continued its rally…
In the first Federal Open Market Committee meeting for the year, which was concluded today, January 25th, it was announced the Fed will the keep currently low interests rates until late 2014; gold and silver prices sharply increased following this…
In recent months there has been a near paradigm shift in the precious metals market that goes against basic market analysis of supply and demand. I’m referring to the recent change in which gold price became higher than the price…
Gold and silver prices continue their January upward trend. Yesterday other commodities also rallied including oil and gas. Currently, gold and silver are traded with moderate changes. Today, the Euro Area Manufacturing PMI report will be published, the Canadian Retails…
Major commodities prices started off the week with sharp gains especially for the energy commodities including crude oil prices and natural gas prices. The Euro and other currencies including Canadian dollar rallied from Friday’s falls and appreciated against the U.S.…
Natural gas is on the rise and after the sharp fall of natural gas prices in recent weeks, it changed direction yesterday and bounced back. Some attribute to the recent news of Chesapeake Energy to cut by half its production.…