Crude oil prices changed direction and sharply inclined while major stock markets including the S&P500 rose as well. Currently, crude oil prices are traded with moderate falls. Today, the ECB rate decision will be announced, the EIA natural gas report…
Gold & silver kept losing ground | oil bounce back – September 7
Gold and silver prices sharply fell yesterday and thus continued the correction they had started this week. The US stock markets bounced back and gained some of the losses they endured during recent days. Crude oil prices soon followed and…
Gold & Silver Prices – Daily Outlook September 7
Gold and silver prices started the week with light falls, despite yesterday’s decline in the US stock markets. Currently, gold and silver prices are traded down as the US stock markets are rising. Yesterday’s losses were probably related, in part to the…
Oil Prices – Daily Outlook September 7
Crude oil prices started September with moderate falls, which is consistent with the declines in the major stock markets including the S&P500. Yesterday the spread between Brent oil and WTI oil reached a new high. Currently, crude oil prices are…
Gold & silver started the week with light loses – September 6
Gold and silver prices ended the day with moderate falls; Some consider it was related to the decision of the Swiss National Bank to set a minimum exchange rate of 1.20 per Euro; as a result, traders sold their gold…
Gold & Silver Prices – Daily Outlook September 6
Gold and silver prices ended the week with sharp gains; during yesterday they have also increased as major stock markets in Asia and Europe were traded down. Due to the long weekend in the US (Labor Day) there were no…