Gold and silver resumed their downward trend and slightly declined on a weekly scale. The high volatility in the forex market didn’t cross over to precious metals market that showed little movement in the prices of gold and silver in…
Gold and silver didn’t do much again during last week as gold slightly rose while silver edged down on a weekly scale. Their price volatility remained low despite sharp movement in the foreign exchange markets during last week. In the…
Gold and silver slightly rose during most of last week. Their price volatility was very low despite all the major reports and decisions that were made during last week. ECB left the Euro cash rate unchanged. This news may have…
The prices of precious metals continued their downward trend and plummeted during last week mainly on Wednesday. The speculations around the future steps of the FOMC with respect to its monetary policy including the QE3 program time-frame may have contributed to the…
The rates of precious metals changed course and tumbled down during last week mainly on Thursday and Friday. The speculations around the decision of big investors including Soros and Bacon to cut their exposure to gold may have contributed to…
The prices of precious metals continued to seek direction as both gold and silver moved in an unclear trend during the week. Both precious metals slightly declined on a weekly scale. The ECB and MPC left their respective interest rates…
The prices of precious metals zigzagged during the week only the finish the week on a positive note. Both metals rose on a weekly scale. The FOMC left its policy unchanged, but it this news seems to have been crowded…
The prices of precious metals changed direction again and this time they have declined during the past few days of the week. The recent news of the rise in the imposed tax on gold imports in India may have contributed…
The prices of precious metals shifted gear and rallied during the week. Moreover, due this rally, the prices of gold and silver ended the week higher than they were a week back. Bernanke’s speech from last week didn’t seem to…
The prices of precious metals shifted during the week with an unclear trend as both gold and silver zigzag from rising to falling almost on a daily basis. Despite this zigzag, the prices of gold and silver ended the week…