Gold and silver continued to trade down during most of last week. The high volatility in the commodities markets didn’t seem to coincide with the relatively low volatility in the forex markets. The major developments in the forex markets came…
The prices of energy commodities including crude oil and natural gas rallied last week while precious metals slipped. The developments in the forex markets including the whole Cyprus bailout didn’t seem to affect the commodities markets and didn’t raise the…
Gold and silver resumed their downward trend and slightly declined on a weekly scale. The high volatility in the forex market didn’t cross over to precious metals market that showed little movement in the prices of gold and silver in…
Gold and silver didn’t do much again during last week as gold slightly rose while silver edged down on a weekly scale. Their price volatility remained low despite sharp movement in the foreign exchange markets during last week. In the…
Gold and silver slightly rose during most of last week. Their price volatility was very low despite all the major reports and decisions that were made during last week. ECB left the Euro cash rate unchanged. This news may have…
The prices of major commodities including gold, crude oil and silver fell again on a weekly scale; major currencies pairs including the Euro and Aussie dollar also depreciated against the USD during the previous week. Will commodities and risk currencies…
The bureau of economic analysis published today February 28th its second estimate of the growth rate of the U.S. Gross Domestic Product for Q4 2012. Based on the recent update, U.S output of goods and services growth rate rose by…
The Chairmen of the Federal Reserve Ben Bernanke testified today in before the January FOMC meeting. In his testimony Bernanke remained dovish regarding the FOMC monetary policy. He stated that the current policy of low interest rates and asset purchase…
Major commodities prices including oil, gold and silver continued to trade down during last week; major currencies pairs including the Euro and Canadian dollar also decrepitated against the USD during last week. Will commodities prices continue to decline next week?…
The prices of precious metals continued their downward trend and plummeted during last week mainly on Wednesday. The speculations around the future steps of the FOMC with respect to its monetary policy including the QE3 program time-frame may have contributed to the…