Gold and silver prices inclined yesterday and gained back some of the losses they had endured in the past couple of days that were stem, in part, by the recent CME margin hike on gold trading. Currently, gold and silver…
Gold & silver bounced back from sharp falls –August 25
Gold and silver prices gained back yesterday some of their value after they had fallen very sharply the day before; crude oil prices continue to moderately change and slightly inclined; natural gas spot price (Henry Hub) changed direction and declined.…
Hurricane Irene may reduce natural gas consumption in US– August 25
The weather forecasts predict that the upcoming Hurricane Irene will strike North Carolina coming Saturday. Some predict that the upcoming Hurricane will reduce demand for natural gas as the rain and wind will curb the electricity demand for cooling households.…
Gold & Silver Prices – Daily Outlook August 25
Gold and silver prices sharply declined yesterday and thus erased all that they have gained in the past week and a half; CME raise margins again on gold trading by 27% – this news probably contributed to the falls in…
Oil Prices – Daily Outlook August 25
Crude oil prices didn’t change much yesterday, but the high volatility in the financial markets could spark a shift in this apparent stability in the oil market. Oil stockpiles have declined by 7 million bbl last week in the US.…
Gold & silver plummeted; erased all of last week’s gains –August 24
Gold and silver prices fell very sharply yesterday and thus erased all their gains from the past week and a half; these falls were the sharpest for gold price in 2011 and the steepest for silver price since May 5th…