Tag: bullion rates

Gold and Silver Prices Outlook for January 21-25

The prices of precious metals resumed their upward trend during most of last week despite the depreciation of major “risk related currencies” against the USD. Bernanke’s speech from last week didn’t seem to influence traders. I guess we will have…

Gold and Silver Prices Outlook for January 14-18

The prices of precious metals spiked on Thursday along with the rest of the market including  crude oil, stocks and Euro. The recent ECB meeting and press conference that followed may have contributed to this rally. But the following day,…

Gold and Silver Prices Outlook for January 7-11

Despite the high volatility in the prices of gold and silver during last week, they remained nearly unchanged on a weekly scale. Gold and silver rallied after the holiday after the announcement that the U.S Senate and later Congress approved…

Gold and Silver Prices Outlook for December 17-21

The prices of gold and silver continued their downward trend throughout most of last week.  The concerns regarding the fiscal cliff is among the reasons the FOMC decided to expand QE3 by purchasing long term treasuries securities at a pace…

Gold and Silver Prices Outlook for November 26-30

The prices of gold and silver rallied during last week after they had declined during the previous week. The high volatility of precious metals returned during most of the week. Will this high volatility and upward trend continue on the…

Gold and Silver Prices Outlook for November 19-23

The prices of gold and silver changed direction again last week and edged down. Moreover, the high volatility of precious metals from the beginning of the month has eased down during last week. Will this low volatility continue during this…