The precious metals keep on seeking a direction as gold prices didn’t change much during the week, after it completed a 1.5% rally at the previous week; silver price on the other hand fell by 5.5% during the week but…
The disappointing U.S. labor report was published yesterday and presented that only 54,000 jobs were created. This news caused some stir up in the financial markets, but didn’t affect much major commodities. Here is a summary of the main price…
The U.S. employment report was published today, June 3rd by the Bureau of Labor Statistics published regarding May 2011. The report didn’t present good news for the progress of the U.S. economy: The labor force rose at a much slower…
Gold price keeps on moderately changing with no clear trend, while silver prices might be starting a new downward trend. The disappointing results in the recent U.S. labor report might stir the commodities markets. Let’s analyze the precious metals market…
In the recent Energy Information Administration petroleum weekly report regarding the U.S. crude oil market there is an analysis about the rising consumption of distillate fuel oil not only in the U.S. but also globally. Here is a weekly review…
June continues to present no clear trend in the commodities market as crude oil price (WTI spot oil) remain around the $100 mark, gold and silver prices also remain around their price level of $1,500 and $36-37 mark, respectively. Here…