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Here is a weekly analysis for gold and silver prices for the week of November 14-18 2011 including changes in prices, chart analysis and the main news items that may affect and predict the development of gold and silver prices.


http://youtu.be/R-n34EJEU8I

Gold and silver changed directions throughout the week with no clear trend, resulting in gold price and silver price ending the week slightly below their starting point. On the other hand, gold and silver average weekly prices were higher than in the previous week. The news from Europe in regards to the political changes in Italy and Greece may have been among the factors affecting the forex market and consequently influencing the bullion prices.

Gold slightly slipped by 0.17% during the week; on the other hand, this week's average gold of $1,785 /t. oz was higher by 2.78% than the previous week's average price of $1,737 /t. oz. Gold finished the week at $1,788 /t. oz.

For the complete analysis on gold and silver ...

Oil prices continued with their upward trend especially WTI during last week; the premium of Brent over WTI also continued to contract. The rapid changes in Europe including the recent changes in Italy and Greece helped stir up the financial markets and may have been among the leading factors to affect the changes in oil prices throughout the week. The IEA revised down its projections for the global oil demand, and OPEC's oil production remained virtually unchanged in October.

By the end of the week, Brent declined by 0.86% and WTI added 3.63% to its value; as a result, the spread between Brent and WTI sharply fell to $14.77/b on Friday.
For the complete analysis on oil prices weekly recap see here in Trading NRG ...