Gold and silver bounced back mainly by the end of the week following the lower than expected rise in new jobs. According to the latest NF payroll report, only 74k jobs were added in December, which was lower than anticipated.…
The financial markets heated up as most stocks markets and commodities rallied during last week. The lower than expected number of jobs added in the U.S during December, according to latest NF payroll report, didn’t stop commodities and stocks to…
Last week’s slow pace in the financial markets won’t repeat next week, and many news items, decisions and reports will come to fruition. These include: U.S non-farm payroll report, ECB, RBA, BOC and BOE rate decisions, U.S, Canada, Australia and…
The precious metals market continues to cool down and both gold and silver plummeted during the week to their lowest level in months. In the forex market several currencies such as Japanese yen and Aussie dollar depreciated against the US…
The prices of gold and silver resumed their downward trend and as prices fell on Monday. Their recent fall came despite the little movement recorded in the forex market. Moreover, the USD continues to slowly depreciate against the Euro, yen…
The gold market remained stagnate as gold price remained nearly unchanged on a weekly scale. The price of silver, however, resumed its descent of recent weeks and tumbled down again during last week. In the forex market some currencies such…
The financial markets remained relatively calm last week: The prices of major commodities including gold and crude oil moved in an unclear trend. In the forex market, the Euro and Canadian dollar rallied against the USD, while the Aussie dollar…
The gold market remained stagnate and the price of gold didn’t form a trend during the past week. On the other hand, silver price continued its downward trend from previous weeks and tumbled down mainly during the first part of…
The gold and silver continued their downward trend and declined for the fourth consecutive business day. Their recent fall coincided with the ongoing depreciation of certain currencies such as Japanese yen, Aussie dollar and Canadian dollar against the USD. The…
The prices gold and silver changed direction again and slipped on Thursday. Their recent fall coincided with the depreciation of the Euro against the USD. The decision of ECB to cut down the cash rate to 0.25% – its lowest…