Gold and silver prices sharply fell yesterday after they had inclined on Friday. The recent news from the European debt crisis comes from Italy, as S&P downgraded Italy’s credit rating from +A to A. Furthermore, the IMF lowered global economic…
Gold and silver prices changed direction again and ended yesterday sharply decreasing; crude oil prices continued last week’s trend and declined as well; natural gas spot price (Henry Hub) also declined yesterday. Here is a summary of the price movements…
Crude oil prices started the week with sharp falls. The appreciation of USD against major currencies such as Euro, AUD and CAD might be among the factors that affected oil prices to trade down in recent days. Today, the Euro…
Gold and silver prices bounced back on Friday from the sharp falls they have had a day earlier. During September both metals didn’t do much despite their high volatility. What is next for gold and silver prices? The rising concerns…
Crude oil prices ended the week falling, resulting in WTI oil price losing only 0.96% of it value during September (up to date) and Brent oil shed 1.8% of its value. The recent appreciation of USD on Friday may have…
This upcoming week brings many news items that could affect the commodities market including crude oil, gold and silver. The main events will be the FOMC meeting on Wednesday and the IMF meeting to be held over the weekend. Additional…