During last week, crude oil prices shifted with an unclear trend as the price of WTI oil slipped while Brent oil edged up. Due to the different paths these oil prices followed, the gap between the Brent oil and WTI…
During the previous week, the prices of bullion shifted with an unclear trend as the recent developments in Spain, Greece and Italy continued to pose uncertainty in the Euro Area. Further, the mixed signal about the progress of the U.S…
During last week, gold and silver prices remained nearly unchanged, despite the FOMC decision to commence with QE3. There were several reports that were published during last week that may have had a modest effect on the bullion market. These…
During the previous week, the prices of bullion remained nearly unchanged while the prices of oil tumbled down along with major foreign exchange rates such as Aussie dollar and Euro. The FOMC decision to launch QE3 is likely to have…
During last week, crude oil prices changed direction from their upward trend during August and the beginning of September and tumbled down throughout most of the week. The difference between Brent and WTI slightly increased but remained at its $17-$19…
During last week, gold and silver prices increased, mainly on Thursday following the publication of the FOMC decision to commence with QE3 that will include the Fed buying mortgage backed securities at a pace of $40 billion per month. There…
During the previous week, the prices of commodities continued their rally mainly after the FOMC decided to launch another Quantitative Easing Plan (QE3) in which the Fed will purchase mortgage backed securities at a rate of $40 billion per month,…
During last week crude oil prices resumed their rally as both WTI and Brent oil increased. The difference between Brent and WTI slightly rose but remained at its $17-$19 range. The FOMC decision to launch QE3 may have contributed to…
During last week, gold and silver prices increased, mainly on Friday following the publication of the U.S labor report that showed a growth of only 96k in jobs. The upcoming FOMC meeting between September 12th and 13th will be the…
Throughout last week, crude oil prices didn’t do much as both WTI and Brent oil slightly declined. The difference between Brent and WTI also declined. In regards to the recent weather conditions, Hurricane Leslie was downgraded to a tropical storm…