Major energy commodities tumbled down again on Wednesday: WTI oil and Brent oil fell for the third consecutive day; gold and silver remained nearly unchanged despite the decline of other commodities prices; natural gas Henry Hub future (October delivery) slipped…
Major energy commodities traded down again on Tuesday: WTI oil and Brent oil declined for the second consecutive day; gold and silver also edged up despite the fall of other commodities prices; natural gas Henry Hub future (October delivery) and…
Major commodities traded down on Monday: WTI oil and Brent oil changed direction and declined; gold and silver also edged down despite the announced of the FOMC on QE3 last week; natural gas Henry Hub future (October delivery) and spot…
The recent announcement of the FOMC to buy mortgage backed securities at a rate of $40 billion per month is something that many bullion traders had anticipated and has already started to pull up the price of gold. Will this…
Major commodities traded up on Thursday: WTI oil and Brent oil trade up; gold and silver also rose following the announced of the FOMC on QE3; natural gas Henry Hub future (October delivery) changed direction and slipped while the spot…
The FOMC concluded its sixth meeting this year and as the market had anticipated, the Fed announced it will launch QE3 that will consist of purchasing additional agency mortgage-backed securities at a pace of $40 billion per month. The Fed…
Major commodities traded again in a mixed trend on Wednesday: WTI oil price slipped while Brent oil rose; gold and silver didn’t do much as the both precious metals slipped yesterday; natural gas Henry Hub future (October delivery) and stop…
Major commodities traded again in a mixed trend on Tuesday: WTI oil price rose while Brent oil edged down; gold and silver didn’t do much as the former edged up while the latter slipped yesterday; natural gas Henry Hub future…
Major commodities traded in a mixed trend on the first day of the week: WTI and Brent oil price edged up; alternatively, gold and silver decreased yesterday; natural gas Henry Hub future (October delivery) bounced back and hiked by over…
The ongoing hype over the expectations of another QE3 to be announced by the FOMC in the near future (the next FOMC meeting will be held on September 12th and 13th) made me think about the relation between the speculations…