The precious metals market has heated up this summer as both gold and silver prices spiked during August. Will the recent rally hold up and keep bullion prices elevated or will gold and silver prices change direction and fall? Many…
The gold market has started to recover in the past several weeks: During August, the price of gold rose by 4.5%. This rally may have positively affected gold producer’s stock such as Goldcorp (NYSE: GG): Share of the company rose…
In the past several months natural gas has had a downward trend. The price of natural gas is getting closer to the $3 mark. Despite the sharp fall in natural gas price, it is still much higher than last year’s…
Is the coal industry slowly making a comeback? Several coal companies such as Peabody Energy (NYSE:BTU) and CONSOL Energy (NYSE:CNX) have rallied in recent weeks: Shares of Peabody increased by 10% during the past month; CONSOL’s stock rose by 16.8%. Despite…
During the past month, petroleum refining companies have rallied: Shares of Valero Energy (NYSE:VLO) rose by nearly 3.8%. Based on the latest development in the oil market including the sharp rise in oil price, will shares of leading refining companies…
Following the tumble in the prices of gold and silver during June, both precious metals bounced back last month. Moreover, their rally coincided with the recovery of leading currencies such as Euro and Japanese yen against the US dollar. Many…
As anticipated the FOMC left its policy unchanged in the last meeting, which ended today July 31st. In the released statement, the FOMC stated it will maintain its current $85 billion a month of long term securities until the U.S…
The gold market hasn’t performed well during the year: The price of gold fell by more than 20%. This tumble has also adversely affected gold companies such as Barrick Gold (NYSE: ABX): Share of the company plummeted by more than…
The roaring economic growth of China has slowed down in recent years. China is facing several economic problems that might even further curb this country’s progress. If China’s economy will reach a halt, how will it affect leading American companies…
Gold and leading gold ETF SPDR Gold (NYSEMKT: GLD) have recently rallied, but they haven’t performed well during most of the year: During 2013, the price of gold declined by 23%; the price of GLD fell by 22.9%. Moreover, GLD’s…