Major commodities across the board including gold, silver natural gas and crude oil tumbled down yesterday. See here for the daily analysis on crude oil and on gold and silver prices for the suggested reasons for these sharp falls. Here…
Crude oil prices started the day with sharp falls as the Fed lowered its GDP growth rate for 2011. On the other hand, China might start to show an increase in crude oil. Today the US labor report and US…
Gold and silver prices rose yesterday, as they did throughout during recent days but they are currently traded sharply down following Ben Bernanke’s speech from yesterday. Let’s examine the news of the day related to the precious metals market for…
Yesterday, Ben Bernanke, Chairman of the Federal Reserve, gave a speech in which, as expected, he said the Fed will keep the US basic interest rate unchanged between 0 and 0.25%. The decline in the US inflation rate (see…
The Energy Information Administration petroleum report showed a rise in US petroleum stock and a drop in oil prices during last week. The report also analyzes the expected growth in oil demand in 2011 despite the economic uncertainty and slow…
Major commodities finished the day with rises, including crude oil, gold, silver and natural gas. Here is a summary of the price movements of precious metals and energy commodities for June 22nd: Oil and Gas prices: WTI Spot oil price…