Gold and silver prices moderately changed throughout the second week of December with a downward trend. The ongoing uncertainty vis-à-vis the potential outcome of the current European debt crisis continues to affect commodities and forex markets. The main news item…
Following Thursday’s ECB’s decision to cut the rate by 0.25 percent point and also Mario Draghi statements of his opposition of bond purchase program by ECB, the commodities prices rallied from the sharp falls recorded on Thursday: Gold and silver prices…
Major commodities changed direction and fell; this change came following the ECB press conference in which the interest rate was cut by 0.25 percent point and also the ECB President Mario Draghi didn’t promise any QE programs. This news pressured down…
Major commodities were traded yesterday with a mixed trend: Gold price bounced back and rose while silver price changed direction and slightly declined; crude oil prices also shifted from green to red as they have declined yesterday as well; natural…
Major energy commodities prices continued to gain yesterday: WTI and Brent oil prices inclined. Natural gas prices (Henry Hub) also rose. Gold price slightly declined while silver price increased. Major currencies such as Euro slightly appreciated against the US dollar.…
Major commodities prices didn’t do much yesterday and started off the second week of December with mixed trend: Gold price and silver price slipped. WTI oil price nearly didn’t change, while Brent oil price declined. Natural gas spot price (Henry…
The U.S. labor report was published yesterday and showed good numbers as the non-farm employment grew by 120k in November. This may have been among the factor to help rally some of the commodities prices: Gold price slightly increased while silver…
Major commodities started December with light changes; after the sharp gains most commodities had on November 30th, they had shifted mainly to red: Gold and silver prices slightly slipped. Crude oil prices also slightly declined. Natural gas spot price (Henry Hub)…
The U.S. labor force grew again during November: according to the recent U.S. employment report, which was published today, December 2nd by the Bureau of Labor Statistics the number of non-farm employees grew by 120,000. The growth in employment was…
Major commodities ended November on a positive note as their prices inclined along with the rest of the major financial markets including the American and European stock markets; this rally came following the announcement that five prime Central banks including…