The prices of precious metals haven’t done much on a weekly scale even through they have had a spike in their price volatility. Precious metals, much like in other financial securities such as other commodities and stocks, rose on the…
Gold and silver edged down during last week. The discussions between the White House and Congress officials regarding cutting the U.S budget deficit in this decade and avoiding the fiscal cliff didn’t seem contributed to movement in the bullion market.…
Gold and silver resumed their downward trend and declined during last week. The discussions around the U.S multi-year budget in an attempt to avoid the fiscal cliff may have contributed to the sharp changes in the bullion market. Several U.S…
Gold and silver rose on the day the FOMC announced it will expand its QE3 program, but the next day tumbled down. This might suggest some bullion investors used this recent announcement of the FOMC to close their position on…
Gold and silver changed direction again and traded up during most of the week. The week was short on account of Thanksgiving. The low volatility in the precious metals market was characterized during most of the week until Friday. The…
Gold and silver prices changed direction and slipped during most of the week. The low volatility in the precious metals market returned after the elections and the uncertainty around the results of the elections may have contributed to the rise in…
Precious metals rates resumed their downward trend during last week. Their sharpest decline came on Friday following the publication of the U.S non-farm payroll report, in which 171k jobs were added during October. This positive report slightly eased the concerns…
Precious metals rates slightly declined during last week. The FOMC meeting concluded, as expected, with no resolutions or any big headlines. Therefore, the FOMC statement didn’t have much of an impact on gold and silver prices. There were several reports…
Precious metals prices resumed their downward trend as both metals declined during most of last week. The EU Summit did result in any big headlines as Spain did ask for a bailout. There were several reports published last week that…
Precious metals prices didn’t do much during last week as they continue to show modest movements. The anticlimax in the precious metals market following the FOMC decision to launch QE3 back in mid-September continues. There were several reports that were…