Gold Silver and Oil Rallied – Recap March 5th

Financial crisis bomb

Major commodities were traded mostly up on the second business day of the week: the prices of Brent oil and WTI oil increased on Tuesday; natural gas Henry Hub future (short term delivery) remained unchanged yesterday; silver and gold prices…

Gold and Silver Outlook for March 2013

Gold bars on dollars

Gold and silver prices resumed their downward trend during February. Their performance in the second month of the year was the worst since May 2012 – back then gold fell by 6% and silver by 10.5%. Moreover, during last month,…

Gold and Silver Prices Outlook for March 4-8

A Gold Price and Silver Price Weekly Forecast February 20-24

Gold and silver inched down during last week, despite their sharp rally at the first couple of days. Bernanke remained dovish in his testimony at the Hill vis-à-vis the Fed’s monetary policy; he kept defending it and stating this expanding…

Oil Weekly Outlook For March 4-8

Increase of oil prices - Crisis concept

During the previous week, oil prices (WTI & Brent) continue their downward trend: WTI decreased by 2.63%; Brent oil, by 3.24%. As a result, the gap between the Brent oil and WTI contracted again; the gap between Brent and WTI…

Weekly Outlook of Financial Markets for March 4-8

Eurokrise

The prices of major commodities including gold, crude oil and silver fell again on a weekly scale; major currencies pairs including the Euro and Aussie dollar also depreciated against the USD during the previous week. Will commodities and risk currencies…