Most major commodities changed direction and rallied during yesterday’s trading: crude oil prices including WTI and Brent oil increased; gold and silver prices also rallied as both precious metals hiked. Natural gas Henry Hub (August delivery) tumbled down while spot…
Crude oil prices including WTI and Brent changed direction and after they had risen for six consecutive days, they declined on Friday; natural gas Henry Hub (August delivery) and spot price continued to trade up. Gold and silver rates edged…
The energy commodities continued to rally yesterday following the positive news of the slight increase in the Philly Fed index. Crude oil prices including WTI and Brent hiked for the sixth consecutive day; natural gas Henry Hub (August delivery) and…
Major commodities didn’t do much during the first day of the week. Crude oil prices including both WTI and Brent continued their rally on Monday; gold and silver rates changed direction and after they had increased on Friday, on Monday…
Precious metals changed direction and after they had declined during the first week of July they managed to rally on the second week. The publication of the minutes of the FOMC meeting from back in June didn’t reveal anything earth…
Major commodities changed direction and on the last day of the week many commodities rates rose. Perhaps the speculation over the next move of BOC after the disappointing GDP growth rate came out on Friday may have triggered this rally.…
It seems that Barrick Gold Corporation (NYSE: ABX) just can’t catch a break. The company lost in a couple of trails in South America; one trail referred to the company’s attempt to block Goldcorp Inc.’s 2010 from purchasing a majority…
Major commodities changed direction again and after they had increased on Monday, major commodities prices declined on Tuesday. The recent news of the end of the energy strike in Norway, one of the top oil producers in Europe, may have…
Major commodities bounced back from their sharp fall on Friday as many of them rose on Monday. Crude oil prices including both WTI and Brent rallied on Monday. Gold and silver prices also sharply increased yesterday. Natural gas Henry Hub…
Following the publication of another disappointing U.S employment report, the financial markets closed the week on a negative note: The Euro sharply fell again against the USD. Major commodities rates also declined including the Aussie dollar. Crude oil prices including…