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CLOil prices edged lower on Wednesday after official data revealed the country's gasoline and distillates stockpiles rose more than expected last week, while falling crude inventories cushioned losses...
If anybody still have doubt that market is not concern about more QE tapers, they only need to look at price action of Gold yesterday. Despite the supposed taper fears arising from "hawkish" FOMC...
Nothing seems to be able to stop the slide in Crude Oil. First it was military skirmish in Iraq, with WTI prices continuing to head lower without skipping a beat. Then we have Libya oil crisis rearing...
I've pointed this out several times in recent weeks but a sleeping giant was awoken 9 weeks ago. Natural gas has been on a tear from early November adding $1 move in the futures market from the first...
Gold was little changed Thursday after two consecutive sessions of losses, as traders remain cautious ahead of European Central Bank (ECB) and Bank of England (BoE) policy meeting later today. The...
Is it just me, or are the banks, who’ve never really cared about the direction of gold bullion, turning outright negative on the precious metal?• A research paper by Canadian Imperial Bank...
Despite all of the talk about China and India buying lots of gold (high demand) and how the precious metal is a limited resource (limited supply), I still do not like the commodity as a buy-and-hold...
Gold stalled around $1250 on Monday and, with momentum waning, it was no surprise to see gold sell off yesterday. The price fell as low as $1218, finding suppot at the 20 DMA and a local top appears...
It has been disappointing to see the decline over the past three years in the resource sector and commodities, but it does not surprise me. We are living in volatile, chaotic times when governments...
We’ve recently written quite a bit about the current technical situation in precious metals as well as the current bear market compared to past bear markets. Thus we’ve neglected sentiment...
Gold started the year in an upbeat due to retracements in the global stock markets, but now that the main indexes around the world are starting to come back up, gold is also going back to its medium...