Gold and silver prices changed direction again and slightly slipped on the last day of last week, after the U.S. non-farm employment report showed an increase of 103k in employment during September. Currently, gold and silver prices are traded up.…
Crude oil prices continue to zigzag on Friday as they did throughout October; currently the major energy commodities are traded up. The recent news from Canada and U.S. about the encouraging employment reports may contribute to the light optimism in…
The second week of October is upon us and here are the main events and reports for the upcoming week include: ECB rate decision, Ben Bernanke’s testimony, OPEC monthly report, G20 meeting, FOMC meeting minutes, Australia’s unemployment rate and U.S.’s…
The crude oil market started to recover from the sharp falls crude oil prices had endured during September and slightly inclined during the first week of October. By the end of the week, Brent oil price added 2.18% to its…
Natural gas market continues to cool down as it did in recent weeks: the Henry Hub price declined during last week and ended the first week of October at $3.40/ MMbtu – the lowest price level in 2011. Furthermore, the…
Gold and silver prices continued to sharply fluctuate during the week with no clear direction even though silver price ended the week slightly above its price level on Monday, October 3rd, while gold price finished slightly below. The main events…