Gold and silver resumed their downward trend and declined again yesterday. Their recent fall may have partly been related to positive news from the U.S regarding jobless claims; the number of initial claims slipped by 10k to reach 316k –…
Following Wednesday’s fall, gold and silver bounced back and increased on Thursday. In the past month both precious metals have changed direction directions several times but still managed to slightly rise on a monthly scale. Yesterday, U.S jobless claims report…
The precious metals market is reheating: The prices of silver and gold sharply rose yesterday. Their rally didn’t coincide with the developments in the forex markets. But the drop in the U.S stock market including the S&P500 may have contributed…