Gold and silver prices continue their rally, but at a slower pace than in the beginning of the week; Crude oil prices keep on seeking direction and as have bounced back from their recent sharp downward trend at the beginning…
According to the recent Energy Information Administration petroleum report, the U.S. oil rigs count passed the 1,000 mark for the first time ever. The number of rigs may serve as a lagged indicator for the changes in crude oil and…
The Euro Area CPI fell to an annual rate of 2.5% during July 2011. This is a slight decrease form the June inflation rate of 2.7% (Y-2-Y). News update from today: The Merkel-Sarkozy Summit didn’t resolve the debt crisis in Europe…
Gold price resumed its upward trend but at a much slower pace than at the beginning of the month. Silver price almost erased all the falls it had at the first few days of August. Gold and silver prices are…
Crude oil prices changed direction again and slightly fell yesterday despite their recent upward trend in recent week. The shift might be related, in part, to the recent fall in the stock market, including the S&P500. Crude oil prices are…
Crude oil prices continue to zigzag as they have decreased yesterday, following sharp gains they have recorded on Monday; Gold and silver prices on the other hand continue to rise; natural gas spot price (Henry Hub) declined again on Tuesday.…