Will Oil Break the $100 Mark?

Increase of oil prices - Crisis concept

In the past couple of weeks the price of oil has slowly recovered from its downward trend it had during April. Will the price break the $100 in the near future? How the recent developments in the oil market affect…

Oil and Gold Fell on Tuesday – Recap May 7th

Chart

Major commodities prices mostly trade down on the second business day of the week: the prices of Brent and WTI oil changed direction and fell on Tuesday; natural gas Henry Hub future (short term delivery) sharply decreased yesterday; silver and…

Gold and Silver Prices – Daily Outlook for May 6

golden bar

Gold and silver continued to trade up during last week. Will precious metals continue to rally this week? As I have stated in the recent precious metals weekly outlook, several publications, events and speeches will take place during this week…

Gold and Silver Prices Outlook for May 6 -10

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

Gold and silver slightly rose during last week. Their rally coincided with the recovery of other commodities such as oil and leading “risk related currencies” such as Euro and Aussie dollar against the USD.  Last week, the FOMC and ECB…

Weekly Outlook of Financial Markets for May 6-10

Eurokrise

The prices of leading commodities including crude oil and gold moderately rallied during last week. Despite the recent ECB rate cut leading “risk related currencies” such as the Euro and Aussie rose during most of last week.  In the upcoming…