Precious metals prices shifted with an unclear trend throughout the week with an unclear trend despite the appreciation of the Euro and several “risk currencies” during last week. On the other hand the Aussie dollar declined against the UDS mainly…
Precious metals prices zigzagged throughout the week with an unclear trend despite the deprecation of the Euro and other “risk currencies” during last week. There were several reports that were published during the previous week: the U.S GDP growth rate…
Precious metals prices didn’t do much during last week despite the publication of the FOMC decision to start its stimulus plan. There were several reports that were published during last week: the Philly Fed index rose by 5 points but…
Precious metals prices continued their rally and hiked mainly on Thursday following the publication of the FOMC decision to commence with QE3 that will include the Fed buying mortgage backed securities at a pace of $40 billion per month. There…
Precious metals prices resumed their rally and hiked during most of the week especially on the last day of the week, following the publications of the U.S labor report, in which only 96k jobs were added – many anticipated the…
Precious metals prices hiked on the last day of the week, following Ben Bernanke speech that raised expectations of many precious metals traders that another quantitative easing plan might be announced by the FOMC in the near future. Despite the…
Precious metals prices resumed their rally as bullion traders were waken from their recent slumber after the minutes of the FOMC had revealed the Fed is leaning towards issuing another QE program in the near future. On Thursday both gold…
Precious metals prices didn’t do much again during last week as they have each shifted by less than half a percent on a weekly scale. There were several reports that were published during the week but none of them seem…
Precious metals prices didn’t do much during the week as they both edged up on a weekly scale. There were several reports that came out during the week but none of them seem to have a substantial effect on precious…
Precious metals prices changed directions several times during the week only the end it not much different from the end of last week’s prices. There were many reports and events that affected not only the bullion market, but also other…