Gold and silver prices declined again for the third consecutive day. The Euro and Aussie dollar depreciated yesterday and may have contributed to the decrease of precious metals rates. Other commodities, such as oil, also decreased. The U.S jobless claims…
Gold and silver prices edged down for the second consecutive day. Other commodities also declined. The Euro and Aussie dollar slipped yesterday and may have contributed to the decline of precious metals rates. A couple of U.S reports came out…
Gold and silver prices slipped on Tuesday after they had increased on Monday and despite the appreciation of the Euro and Australian dollar. The U.S consumer confidence declined in August. Tomorrow will start the symposium at Jackson Hole that will…
Is time for another quantitative easing? Gold and silver prices continue to rise following yesterday’s publication of the minutes of the FOMC meeting. In last month’s FOMC meeting there were no hints of another QE program, but the minutes revealed…
Gold and silver prices, much like the Euro, hiked on Tuesday as many forex and bullion traders anticipate the ECB bond purchasing program will commence in the near future. There are also speculations on whether the People’s Bank of China…
Gold and silver prices bounced back and, unlike many other commodities and currencies, rose on Monday. Despite yesterday’s rise, I still suspect bullion rates will trade down during the week. There are still talks around the future steps of ECB…
The prices gold and silver moved with an unclear trend during last week, but I suspect bullion rates might trade down during the week. As I have pointed out in the precious metals weekly outlook the main events of the…
The prices gold and silver edged up during last week, and I suspect this trend will continue in the days to follow. As I have pointed out in the precious metals weekly outlook the main events of the week will…
During last week gold and silver prices edged up. There weren’t too many events that affected the bullion or forex markets. There were several reports that came out during the week but none of them seem to have a substantial…
Gold and silver prices continued to seek direction as both precious metals edged up on Thursday. These metals rose despite the decline of the Euro and perhaps due to the appreciation of other “risk currencies” including Aussie dollar and Canadian…