Gold and silver slowed down and slipped during last week mainly on Thursday following the recent FOMC’s decision to cut down again its asset purchase program by an additional $10 billion to $65 billion a month. This mini-taper was expected…
The precious metals market didn’t move in concert as price of gold slightly rose while silver slipped during last week. Moreover, the foreign exchange market also had a busy week as the US dollar sharply depreciated against the Euro and…
The gold and silver market didn’t weak up during the past week and only slightly rallied on a weekly scale. The main event of the month – the upcoming FOMC meeting at the end of January – could stir up…
The gold and silver market remained relatively flat as precious metals investors continue to get mixed signals regarding the future plans of the FOMC on its monetary policy, which tends to influence bullion traders. The minutes of the FOMC meeting…
The gold and silver market moved in an unclear direction during the week. Nonetheless, their prices ended the week higher than last week’s on account of their sharp rise on Thursday. Despite the holiday season, several U.S reports were released:…