Gold and silver changed direction again and declined during the last week of November. The recent EU Summit resulted in approving the Greek bailout, which may have contributed to the rally of the Euro. Albeit it didn’t seem to curb…
Gold prices reached new highs last week as they have inclined very sharply during the first half of the week. But on Thursday and Friday gold price changed direction and declined mainly due to the CME margin hike of 22%…
The precious metals continued their rally during last week as silver and gold prices inclined for the second straight week; as a result, gold prices reached by the weekend within 1.2% from its price level at the beginning of May.…
The precious metals bounced back during last week after they had fallen at the beginning of May 2011. The change in direction was probably stemmed, in part, by the adverse news about the slow recovery of the US economy,…
The precious metals suffered during May 2011 rapid falls mainly silver. During recent week the variance of the daily percent changes of these metals’ prices declined; by the end of the week silver prices fell while gold prices didn’t do…
The financial markets keep their erratic behavior; first it was due to the riots in the Middle East and North Africa including Libya and Yemen (see here for an update on the recent news regarding Libya), and now it’s also…
Last week’s precious metals showed erratic fluctuations, as gold and silver prices zigzagged during the week with no clear trend. gold prices even reached the lowest level for the month of March, while silver prices on the other hand, passed…
The rally of precious metals progress into March, as gold and silver prices increased during last week. Gold prices even reached the highest level since December 2010, while silver prices passed the 35$/ t. oz. – the highest level in…
Precious metals continue their rally with rises in gold and silver prices during most of last week. Gold prices even passed last week the 1,400$/t oz. mark, a price it hadn’t been at since the beginning of January 2011. According…
Precious metals continue their rally with ongoing rises in gold and silver prices during last week. At the current rate it will be no time before gold will soon pass the 1,400$/t oz. mark (providing of course this rally will…