Tag: Precious Metals prices

Gold And Silver | Recap for February 17-21

golden bar

Gold and silver market slowly rallied again as their prices slightly increased during the previous week. The recent reports regarding the progress of U.S and China may have contributed to the slow recovery of precious metals: housing starts and building…

Gold And Silver | Recap for February 10-14

Gold and silver market continues to slowly recover as their prices rose again during last week. The economic slowdown in the U.S economy may have contributed to the rally of precious metals: retail sales declined by 0.4% during January; industrial…

Gold And Silver | Recap for February 3-7

golden bar

Gold and silver changed course and rallied during last week following the recent news regarding the slow progress of the U.S economy: Nonfarm payroll report for January increased by only 113k jobs were added – lower than expected; the manufacturing…

Gold And Silver | Recap for January 27-31

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…

Gold And Silver | Recap for January 20-24

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…

Gold And Silver | Recap for January 13-17

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…

Gold And Silver | Recap for January 6-10

weekly precious metals chart January 6-10 2014

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…

Gold And Silver | Recap for December 30- January 3

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:…

Gold And Silver | Recap for December 16-20

During last week many headlines were published and could have had a strong effect on the direction of gold and silver. In particular, the latest FOMC decision in which the Fed decided to start tapering QE3 from January by $10…

Gold And Silver | Recap for December 9-13

weekly precious metals chart December 9-13 2013

The precious metals market hasn’t moved in a clear direction during the past week; it seems the speculations around the upcoming FOMC meeting is keeping gold and silver investors trying to read the tea leaves. Some analysts speculate a decision…