Tag: precious metals recap

Gold And Silver | Weekly Recap for June 3-7

The bullion market changed direction during the week as both gold and silver rallied at the beginning of the week only to plummet at the end of the week. At the beginning of the week commodities prices rallied perhaps on…

Gold And Silver | Weekly Recap for May 20-24

The prices of gold and silver bounced back and rose during most of last week despite the recent speculations around the future steps of the FOMC. Specifically, the minutes of the last FOMC meeting revealed the concerns of several members…

Gold And Silver | Weekly Recap for May 13-17

Despite the less than impressive financial news regarding the progress of the U.S economy that came out during last week the equity market continued to rally, while gold and silver prices declined. Last week, the U.S retail sales inched up…

Gold And Silver | Weekly Recap for May 6-10

The prices of gold and silver continue to seek direction and they moved from gains to losses throughout last week: Despite the unclear trend the sharp fall in bullion prices on Friday led gold and silver to decline by 1.88%…

Gold And Silver | Weekly Recap for April 22-26

Gold and silver changed direction from their downward during the past couple of weeks and rallied during last week. Specifically, the price of gold rose by 4.18% and silver by almost 3.5%. Was this rally a correction to the sharp…

Gold And Silver | Weekly Recap for April 8-12

Gold and silver took another beating and had one of the worst performing weeks in recent years. As of April 12th, the price of gold plummeted by 5.9%, which makes April the worst performing month for gold (to date) since…

Gold And Silver | Weekly Recap for April 1-5

weekly precious metals chart April 1-5 2013

Gold and silver continued to trade down during most of last week. The high volatility in the commodities markets didn’t seem to coincide with the relatively low volatility in the forex markets. The major developments in the forex markets came…