The latest news from Goldcorp (GG) is that the mining company started gold production in its Éléonore project. Currently, the company plans to produce around 50,000 ounces of gold this year and ramp up to full production capacity by 2018. Considering…
The price of natural gas rose by 1% in the past three weeks. Following this modest gain, the price remained close to $4. The latest development in the natural gas market also led United States Natural Gas (UNG) to shed…
The latest positive news from the U.S labor market – the NF payroll showed 248K jobs added during September and August numbers were revised up to 180K – was enough to drag down the prices of gold and silver to…
Following the better than expected NF payroll report, in which the USD rallied, while precious metals took a nose dive, this week the U.S JOLTS report will complete the NF payroll report; this report may offer another data point about…
U.S. employment rose by a higher than anticipated rate as 248K jobs were add, based on the Bureau of Labor Statistics. This figure was above market expectations, which were at 220K and the ADP report showed that private non-farm payroll…
During last month, the price of United States Oil (USO) declined by nearly 4.5%, while the price of oil (WTI) fell by 5.5%. Brent oil also fell by over 8.8% in the past month. Let’s examine some of the latest…