Today, the U.S. Manufacturing ISM report was published; according to the recent report, the U.S. Manufacturing PMI index declined to 49.5% during November 2012. The U.S. Manufacturing PMI is an index estimating the economic development of the U.S. manufacturing sectors;…
Gold and silver changed direction again and traded up during most of the week. The week was short on account of Thanksgiving. The low volatility in the precious metals market was characterized during most of the week until Friday. The…
Gold and major precious metals companies haven’t performed well in recent weeks. The decision the FOMC to launch another quantitative easing didn’t seem to help, for now, pulling up the price of gold. Let’s examine the recent developments related to…
Many commodities were traded down again on the second business day of the week: WTI oil and Brent oil declined again; the prices of silver and gold also fell on Tuesday; natural gas Henry Hub future (December delivery) hiked on…
Many commodities were traded down on the first business day of the week: WTI oil and Brent oil slightly declined; the price of silver edged down while gold remained unchanged on Monday; natural gas Henry Hub future (December delivery) changed…
Many commodities traded mostly up on the last business day of the week: WTI oil and Brent oil rose for the second consecutive day; the prices of silver and gold also increased on Friday; natural gas Henry Hub future (November…
Many commodities bounced back and were traded up on the penultimate business day of the week: WTI oil and Brent oil bounced back on Thursday; the prices of silver and gold also rose after they had declined a day earlier;…
The Presidential elections are over and the market shifted from gains to losses. Many commodities were traded sharply down on the third day of the week: WTI oil and Brent oil plummeted on Wednesday; the prices of silver and gold…
The Presidential elections are over with President Obama was voted into a second term in office. The recent elections may have contributed to the sharp gains in commodities prices. Many commodities were traded sharply up again on the second day…
Many commodities were traded up on the first day of the week following the recent tumble in their prices on Friday: WTI oil and Brent oil rose on Monday; the prices of silver and gold also increased for the first…