The week ended as gold and silver prices increased all week especially at its end. Gold price rose to its highest price level in 2011 as it reached on April 8th, 1,474$/oz. Silver price also rose and passed the 40$…
Weekly outlook for April 11-15
Here is a weekly forecast for April 11th to 15th presenting the main news items and reports related to US, Canada and Europe, and scheduled events, such as the G7 and G20 meetings. During the upcoming week, Trading Energy will…
Natural gas prices kept on freefalling most of the week – 4-8 April
The natural gas prices continue to decline as we are exiting the winter, even if there are still some rain showers and thunderstorms in parts of the US. The Henry Hub future price (May delivery) shed from its value during…
Oil prices finished the week rising – Weekly recap 4-8 April
The war in Libya is still far from over, and the uprising in the Middle East in countries such as Syria and Yemen is progressing, and yet for most of the week crude oil prices didn’t do much and moderately…
Major commodities finished the week on a high note – April 8
The week ended on a high note as major commodities including crude oil, gold and silver. For silver it even passed the 40 USD mark – its highest level since February 1980 (in London trade). On the other hand, natural…
How does the ECB’s interest rate decision affects commodities?
The recent European Central Bank decision to raise the Euro Area interest rate came with little surprise. What does this decision mean to the financial markets and in particular the commodities market? The European Central Bank convened yesterday in Frankfurt,…