Tag: U.S government shutdown

Oil Weekly Outlook for October 14-18

The price of oil (WTI) changed direction and declined during last week: WTI fell by 1.75%; Brent oil, however, rose again by 1.66%. As a result, the gap of Brent oil over WTI expanded: The premium ranged between $6.65 and…

Gold And Silver | Recap for October 7-11

weekly precious metals chart October 7-11 2013

The gold and silver market has cooled down again during the past week as both precious metals prices took a nosedive. The highly anticipated publication of the minutes of the September FOMC meeting came out. The minutes revealed that most…

Gold and Silver – Daily Outlook for October 11th

Gold and silver Chart 2013 October 11

The recent speculations around the potential progress in finding ways to end the U.S government shutdown may have contributed to the sharp rally of U.S stock market, US dollar and several commodities such as oil. On the other hand, gold…

Gold and Silver Prices Outlook for October 7-11

The precious metals market has stabilized in the past couple of weeks after the September FOMC meeting. This week, however, the publication of the minutes of that FOMC meeting could reignite the gold and silver market. Furthermore, the recent U.S…

Gold And Silver | Recap for September 30- October 4

Gold and silver prices didn’t do much during last week as the bullion market moved in an unclear trend throughout the week. The aftermath of the September FOMC meeting has left the bullion market weak with investors aren’t sure what’s…