Weekly Recap

Gold And Silver | Recap for April 14-18

Gold bullion barr on a stocks and shares chart

Gold and silver changed direction and decreased during last week. In the forex market, the U.S dollar appreciated against many currencies such as Euro, Japanese Yen, and Canadian dollar. This shift may have contributed to decline of precious metals. The…

Will Natural Gas Keep Rising?

gas in hands

The natural gas bounced back during last week. United States Natural Gas (UNG) also recovered. According to the latest U.S Energy Information Administration weekly update, last week’s natural gas injection was the first one in twenty weeks; it was still…

Gold And Silver | Recap for April 7-11

Golden Bar

Gold bounced back during last week while silver remained nearly unchanged. In the forex market, the U.S dollar depreciated again against several leading currencies including Euro, Japanese Yen, and Aussie dollar. This trend may have also contributed to modest recovery…

Gold And Silver | Recap for March 31- April 4

Gold bullion barr on a stocks and shares chart

Gold and silver didn’t do much and only slightly rose during last week. The U.S continued to show signs of slow recovery as the last non-farm payroll report was an improvement from previous months but wasn’t much better than expected. 192k jobs…

Gold And Silver | Recap for March 24-28

Gold bars on dollars

Gold and silver continued their descent during the previous week. The aftermath from the FOMC’s tapering decision one week earlier kept dragging down bullion prices. Moreover, the U.S dollar slightly appreciated against some leading currencies including Euro and Japanese yen.…

Gold And Silver | Recap for March 17-21

golden bar

Gold and silver changed direction and tumbled down during last week. The most notable event of last week was the decision of the newly appointed Chair of the Federal Reserve Janet Yellen to taper again the Fed’s QE3 program by…

Gold And Silver | Recap for March 10-14

Golden Bar Graph Showing a Steady Rise

Gold and silver continued to zigzag throughout last week, but their jump on Wednesday was enough to maintain their weekly prices elevated. The recent depreciation of the US dollar against leading currencies including Japanese yen and Euro may have contributed…

Gold And Silver | Recap for February 24-28

Crisis chart

Gold and silver market changed course as their prices slipped during last week. Despite their decline on a weekly scale they started off the week on a positive note only to tumble down at the end of the week. The…

Gold And Silver | Recap for February 17-21

golden bar

Gold and silver market slowly rallied again as their prices slightly increased during the previous week. The recent reports regarding the progress of U.S and China may have contributed to the slow recovery of precious metals: housing starts and building…

Gold And Silver | Recap for February 10-14

Golden Bar Graph Showing a Steady Rise

Gold and silver market continues to slowly recover as their prices rose again during last week. The economic slowdown in the U.S economy may have contributed to the rally of precious metals: retail sales declined by 0.4% during January; industrial…