Many commodities changed direction and declined on the last day of the week: crude oil price (WTI and Brent) changed direction and fell on Friday; gold rate edged up while silver slipped; natural gas Henry Hub (September delivery) and spot…
Many commodities continued to trade up on Thursday: crude oil price (WTI) nearly didn’t change while Brent oil rose again on Thursday; gold and silver also edged up; natural gas Henry Hub (September delivery) rose while spot prices remained unchanged.…
Many commodities changed direction and declined on Wednesday: crude oil price (WTI) decreased while Brent oil increased again on Wednesday; gold edged up while silver slipped; natural gas Henry Hub (September delivery) and spot prices also fell. The Euro declined…
Major commodities changed direction again and this time bounced back on Tuesday after they had declined on Monday. Crude oil prices including both WTI and Brent hiked on Tuesday. Natural gas Henry Hub (August delivery) also rose. Gold and silver…
The precious metals market changed direction during the second part of the week. Both metals started off the week falling along with the rest of the commodities markets and Forex rates (e.g. the Euro/USD). In Europe the conditions haven’t improved:…
The gold and silver markets continue to dwindle as they have finished April in the red. This was the third consecutive month for gold price to fall and the second consecutive month for silver. So far May doesn’t present any…
Gold and silver prices continued to dwindle yesterday: both metals prices slightly declined on the last day of the month. Earlier today the RBA announced it will cut its interest rate by 0.5 percent point to 3.75%. This rate reduction…
Gold and silver prices slightly increased on Friday and may continue this slow-paced trading on the last day of the month. Spain published its GDP report: Spain’s GDP had contracted by 0.3% in the first quarter of 2012 – the…
There were high expectations in the gold and silver markets for this week’s FOMC meeting that eventually didn’t have any apparent effect on precious metals prices. Thus quoting T.S Eliot: “This is the way the world ends; Not with a…
Gold and silver prices sharply rose yesterday and thus rallied from their decline on Wednesday. Bank of Japan announced it will expand stimulus and will purchase government bonds by 10 trillion yen (roughly $124 billion). This means the asset purchase…