Tag: precious metals recap

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 December 23-27

The gold and silver market remained relatively numb during the penultimate week of the year. The low volume of trade kept the prices of gold and silver with little movement. On a weekly scale, however, both precious metals have rallied.…

Gold And Silver | Weekly Recap for July 8-12

The prices of gold and silver changed direction and bounced back from their sharp tumble during the beginning of July following the U.S non-farm payroll report. It seems that the market sentiment has shifted after the publication of the minutes…

Gold And Silver | Weekly Recap for June 24-28

Precious metals markets continued to show weakness and both gold and silver were traded down again during last week. Their fall coincided with the decline of leading currencies against the USD. All eyes are towards the next FOMC meeting that…

Gold And Silver | Weekly Recap for June 17-21

Is the golden era of gold and silver behind us? Last week’s sharp fall in the prices of gold and silver might suggest so. Their tumble coincided with the decline of other commodities including oil, U.S equity markets and leading…