Will Silver Resume its Downward Trend?

Bar of Silver

The price of silver bounced back on Friday from its slow descent throughout most of last week. The recent FOMC decision and non-farm payroll report may have pushed silver in different direction but on a weekly scale the price of…

Is the Natural Gas Market Bound to Cool Down?

Pipeline

The price of natural gas slightly rose during last week. United States Natural Gas (UNG) also increased last week. Based on the recent U.S Energy Information Administration weekly update, the latest weekly natural gas injection was well above the five…

Gold and Silver Forecast for May 5-9

Gold bullion barr on a stocks and shares chart

Gold and silver slowly declined during last week only to bounce back on Friday soon after the U.S non-farm payroll report showed a 288k gain in jobs; the unemployment dropped to 6.3%. The FOMC decided earlier last week to taper…

Financial Market Forecast for May 5-9

Big Bull

The commodities markets mostly rallied following the positive release of the U.S NF payroll report, in which 288k jobs were added during April. This week several reports, decisions and events will take place including: ECB, BOE and RBA rate decisions,,…

Oil Outlook for May 5-9

oil market tight loose oil price May 4

Oil price (WTI and Brent) declined during last week. WTI slipped by 0.8% and Brent oil by 0.9%. As a result, the gap of Brent oil over WTI didn’t change much: The premium ranged between $7.28 and $8.83. Last week,…