Last week gold and silver prices started off the same way they have shifted during the last couple of weeks with little movement until Friday when both precious metals rates (mainly gold) spiked. The disappointing U.S employment figures were the…
The commodities markets experienced one of the most turbulent weeks in 2012 (up to date) as gold and silver prices sharply rose on Friday while major energy commodities prices including oil and natural gas tumbled down throughout the week. The…
Crude oil prices plummeted during last week to their lowest levels in 2012. The disappointing U.S reports including the lower than expected growth in U.S employment may have contributed to the revised down expectations of demand for oil in the…
Last week gold and silver prices continued with their downward trend during most of the week up to Thursday. Will this downward trend continue as we are entering the last week of May? This upcoming week there are items on…
Following the ongoing speculation regarding the future of Greece in the EU and the potential ramification it may have on the forex and commodities markets (see here for a review on the potential ramification a Grexit on the bullion market)…
Crude oil prices continued to decline during most of last week. The Brent premium over WTI slightly rose again to $17-$18 range. During the upcoming week there are several publications that may affect the oil market including the U.S non-farm…
Last week gold and silver prices changed direction from a downward trend to a sudden steep increase on Thursday and Friday. Could this mean there is some fundamental shift in the bullion market that warrants such a shift? The main…
Following the recent developments in the Greece in which it was decided there will be elections on June 17th the Euro took a dive and was traded down most of the week against the USD. The recent publications from the…
Crude oil prices continued their downward trend during most of last week. The Brent premium over WTI slightly increased again to the $15 -$17 range. During the upcoming week there are several reports and publications that may affect the oil…
Last week gold and silver prices tumbled down and thus are headed (at thus rate) to the worst performing month (so far) in 2012. This upcoming week there are many news items on the agenda that may affect the direction…