Tag: Precious Metals prices

Gold And Silver | Recap for May 5-9

weekly precious metals chart May 5-9 2014 percent change

Gold and silver resumed their downward trend during last week. The recent testimony of FOMC Chair Yellen, in which she reiterated her view that the U.S economy is on the right track towards improvement, may have dragged down the prices…

Gold And Silver | Recap for April 21-25

golden bar

Gold and silver moved in an unclear trend and slightly rose last week. In the forex market, the U.S dollar also slightly depreciated against the Euro and Japanese Yen. This modest depreciation of the US dollar may have contributed to…

Gold And Silver | Recap for April 7-11

Gold bounced back during last week while silver remained nearly unchanged. In the forex market, the U.S dollar depreciated again against several leading currencies including Euro, Japanese Yen, and Aussie dollar. This trend may have also contributed to modest recovery…

Gold And Silver | Recap for March 31- April 4

Gold and silver didn’t do much and only slightly rose during last week. The U.S continued to show signs of slow recovery as the last non-farm payroll report was an improvement from previous months but wasn’t much better than expected. 192k jobs…

Gold And Silver | Recap for March 24-28

Gold and silver continued their descent during the previous week. The aftermath from the FOMC’s tapering decision one week earlier kept dragging down bullion prices. Moreover, the U.S dollar slightly appreciated against some leading currencies including Euro and Japanese yen.…

Gold And Silver | Recap for March 17-21

golden bar

Gold and silver changed direction and tumbled down during last week. The most notable event of last week was the decision of the newly appointed Chair of the Federal Reserve Janet Yellen to taper again the Fed’s QE3 program by…

Gold And Silver | Recap for March 10-14

Gold and silver continued to zigzag throughout last week, but their jump on Wednesday was enough to maintain their weekly prices elevated. The recent depreciation of the US dollar against leading currencies including Japanese yen and Euro may have contributed…

Gold And Silver | Recap for March 3-7

Gold and silver market moved in an unclear trend during last week. Their rally at the beginning of the week changed course and tumbled down at the end of the week following the U.S non-farm payroll report. The recent reports…

Gold And Silver | Recap for February 24-28

Gold and silver market changed course as their prices slipped during last week. Despite their decline on a weekly scale they started off the week on a positive note only to tumble down at the end of the week. The…