The debt crisis in Europe and the economic slowdown in US are among the news items that will likely to continue affecting the Euros to US dollar exchange rate, indexes and major commodities prices in the upcoming week. Here is…
Gold & silver finished the week with sharp falls – weekly recap 20-24 June
Gold and silver prices started off the week with moderate rises, but by the end of the week they have sharply changed direction; they have declined for the remainder of the week. Bernanke’s speech on Wednesday is probably among the…
Oil prices fell again during last week – Weekly recap 20-24 June
Crude oil prices tumbled down during last week as the IEA stated it will release 60 million crude oil barrels from its oil reserves; last week’s speech by Fed chairman – Ben Bernanke, in which he didn’t say there will…
Natural gas prices declined during the week – June 20-24
Natural gas prices (Henry Hub) much like other major commodities’ prices including crude oil prices and gold price started off the week with moderate rises, but soon after they tumbled down for the second half of the week. For natural…
Silver and gold prices finished the week with falls –June 24
The week ended with gold and silver prices declined, while crude oil price (WTI spot oil) bounced back with moderate rises; natural gas spot price continued to fall. Here is a summary of the price movements of precious metals and…
Natural gas market is cooling down – June 24
Natural gas prices (Henry Hub) continue to fall very sharply and they reached at $4.37/mmbtu on June 21st – the lowest price level since May 23rd. Here is a summary of the recent U.S natural gas market EIA report regarding…