lior

Gold and silver started off the week, much like the previous week, with very moderate changes; as the week progressed, the speculation around the recent news from Fitch, the rating agency, that leading U.S. banks are exposed to European debt and may be negatively affected by it, may have been among the factors to stir up the commodities markets on Thursday resulting in gold and silver prices sharply falling on that day. The slower paced growth rate of the Philly Fed Index may have also affected traders to trade down commodities and stocks. On Friday, gold and silver prices made correction and moderately inclined. During the week both metals declined: gold's slow paced growth during November was nullified during this week.

For ...

Oil prices took a sharp turn during the second part of the week as they have sharply declined on Thursday. Brent had a downward trend during most of the week, while WTI started the week rising. These changes may have occurred over the rally in the American stock market, the ongoing incline in Libya's oil production, and the concerns over the European debt crisis that might also affect oil demand in Europe and thus reduce the pressure on Brent. All these factors may have helped reduce the premium of Brent over WTI. The decline in the Philly Fed Index growth rate and the news on Fitch's outlook on U.S. banks may have been among the factors to affect traders to trade down commodities and stocks.

By the end of the week, Brent declined ...