Gold and silver markets were closed in the U.S yesterday on account of the U.S holidays. Today the U.S markets will be open for half a day. This could mean low volume of trade and little movement in the forex,…
Gold and silver resumed their downward trend and declined again yesterday. Their recent fall may have partly been related to positive news from the U.S regarding jobless claims; the number of initial claims slipped by 10k to reach 316k –…
Gold and silver prices remained nearly unchanged yesterday as the price of gold inched up and silver slightly declined. Their stagnation in the past three business days may have to do with the U.S holidays that will start this weekend…
Gold price continued last week’s downward trend and declined on Monday. Silver price remained nearly unchanged. The recent fall of gold coincided with the drop of the Euro and Aussie dollar against the USD. Nonetheless, the volatility of both precious…
The precious metals market continued to cool down as the prices of gold and silver fell down again for during yesterday’s trading. The recent economic reports from the U.S showed a mixed message regarding the progress of the U.S economy.…
Both gold and silver resumed their downward trend and tumbled down yesterday. Moreover, the volume of trade has also sharply picked up, which may have stemmed by the publication of several U.S reports, most notably the minutes of the FOMC…
The prices of gold and silver didn’t’ do much yesterday and their price volatility remain low. This all could change today and tomorrow and the FOMC will release the minutes of its last meeting. This report could offer some information…
The prices of gold and silver resumed their downward trend and as prices fell on Monday. Their recent fall came despite the little movement recorded in the forex market. Moreover, the USD continues to slowly depreciate against the Euro, yen…
Following the sharp fall in the past several days, the prices of gold and silver recovered yesterday from their downward trend and sharply rose. Their recent recovery may have partly been related to Bernanke’s speech about the Fed’s future policy…
The prices of gold and silver declined again for the fifth consecutive business day. Nonetheless, the weak precious metals prices haven’t coincided with the appreciation of major currencies such as Euro, Japanese yen, and Aussie dollar against the USD. In…