Gold and silver prices continued to dwindle as both precious metals edged down on Tuesday. Crude oil price (WTI) changed direction and rose yesterday while Brent oil edged down. Natural gas Henry Hub (July delivery) plunged while the spot price…
Gold and silver prices started off the week on a negative note as both precious metals edged down on Monday. Crude oil price (WTI) also declined. Natural gas Henry Hub (July delivery) continued to rally and hiked again. The Euro…
In the upcoming FOMC meeting to be held between June 19 and 20 many bullion traders will pay close attention to the FOMC statement and Bernanke’s press conference. If there will be so much a whiff of another stimulus plan…
Gold and silver prices finished the week on a positive note as both precious metals edged up on Friday. Crude oil price (WTI) also edged up, while Brent oil declined. Natural gas Henry Hub (July delivery) slipped, while the spot…
The U.S. Monetary base decreased again during May by 0.92%. This news could suggest that gold will continue to trade down during June (assuming all things being equal). The strong relation between U.S. Monetary base and the changes in gold…
Gold continued to rally and completed by yesterday a four day rally; silver on the other hand, edged down on Wednesday; crude oil resumed their descent and declined during yesterday’s trading; natural gas future price also decreased, while the spot…
Oil and Natural gas changed direction and after their tumble on Monday, both energy prices managed to rally on Tuesday; WTI and Brent oil rose by little under one percent; natural gas future price also increased by a similar rate,…
Precious metals prices started off the week with little movement despite their sharp rise during last Friday following the disappointing U.S employment numbers. The premise behind this speculation was that since the U.S economy is showing signs of slowdown, this…
Gold price bounced back yesterday from its plunge on Thursday; silver on the other hand edged down; Crude oil price (WTI) also declined on Friday, while Brent oil slightly rose. Furthermore, the price of natural gas (future) increased while the…
Despite the exceptions of many for a more “pro-stimulus” testimony by the Chairman of Fed especially after the recent disappointing U.S non-farm payroll report came out on Friday, there weren’t any hints for QE3; Bernanke dropped a wet blanket on…