Natural gas market had a very turbulent week as did most other energy commodities such as crude oil market. The Contango reached a very high level by the end of the week which might mean that November is going to…
Gold and silver prices recorded additional sharp gains yesterday following the European Union agreement on debt reduction for Greece; the news of the U.S GDP growth in Q3 may have also helped push commodities prices up as the confidence in…
The bureau of economic analysis published today its advance estimate of U.S. GDP 2011 third quarter of 2011: According to the report, the growth rate of the real U.S GDP 2011 in the third quarter of 2011 was 2.5%; in…
Gold and silver prices continued to rise yesterday and thus completed a fourth business day rally. The European Union leaders reached an agreement on the debt crisis that could ease the concerns of the financial community and thus curb the…
Gold and silver prices continued their rally and increased for the fourth straight business days; on the other hand crude oil prices sharply fell; natural gas prices were traded with mixed trend as the spot price increased while the short…
After ten hours of deliberations the EU leaders have managed to reach an agreement regarding the main issues of the European debt crisis. The EU leaders agreed to make a 50% haircut on the Greek debt; they have also agreed…