Weekly Recap

Gold And Silver | Recap for July 14-18

Gold Bars

Precious metals changed course and plunged at the beginning of the week only to slightly recovery by the end of the week following the rise in tension between Russia and US. The Malaysian airliner plane was shot down over Ukraine;…

Gold And Silver | Recap for July 7-11

Golden Bar Graph Showing a Steady Rise

Precious metals heated up during the past week after gold and silver remained nearly unchanged in the previous week. The release of the minutes of the FOMC meeting may have partly contributed to the recent recovery of bullion prices: The…

Gold And Silver | Recap for June 30- July 4

Gold bullion barr on a stocks and shares chart

The prices of gold and silver remained stable for the second consecutive week. This time, their modest rally at the beginning of the week came to a halt on Thursday following the release of the NF payroll report, in which…

Gold And Silver | Recap for June 23-27

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The bullion market didn’t do much during last week, after silver and gold rallied for three consecutive weeks. Despite their slow movement, both gold and silver ended the week with modest gains. The main news from last week was the…

Gold And Silver | Recap for June 16-20

weekly precious metals chart June 16-20 2014 percent change

Are gold and silver making a comeback? Investors of precious metals saw metals recovering for the third week in a row. This time, the FOMC meeting concluded with little movement in the bullion market. The next day, in a late…

Gold And Silver | Recap for June 9-13

weekly precious metals chart June 9-13 2014 percent change

The bullion market rallied again for the second consecutive week. The surge in violence in parts of Iraq may have contributed to the rise in prices of not only oil but precious metals. This rally may have also been driven…

Gold And Silver | Recap for June 2-6

weekly precious metals chart June 2-6 2014

The bullion market remained clam throughout the week despite the recent decision of the ECB to reduce its deposit rate to a negative figure. This news also had little impact on the Euro. At the end of the week, the…

Gold And Silver | Recap for May 26-30

weekly precious metals chart May 27-30 2014

The stagnation in the bullion market was erupted this week as the prices of gold and silver mainly on Tuesday. Their recent fall coincided with the ongoing recovery of U.S equities markets. Even the negative news about the U.S GDP…

Gold And Silver | Recap for May 19-23

weekly precious metals chart May 19-23 2014

Gold and silver kept their stagnation as prices didn’t move much on a weekly scale. The recent release of the minutes of the FOMC didn’t stir up the markets as FOMC members didn’t change by much their economic outlook or…

Gold And Silver | Recap for May 12-16

Gold bullion barr on a stocks and shares chart

Gold and silver continued to flat line during last week as both precious metals ended up slightly higher than the previous week. In the U.S, several reports showed some mixed signs regarding its progress: jobless clams dropped again by 24k to…