Tag: Silver and gold prices

Gold and Silver Prices – Daily Outlook for August 22

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The much anticipated publication of the minutes of the recent FOMC meeting didn’t amount to more than a storm in a teacup: The minutes didn’t offer any additional insight about the Fed’s next move and the wording remained ambiguous. Basically,…

Gold and Silver Prices – Daily Outlook for August 16

The prices of gold and silver jumped yesterday and reached their highest level since June. Their rally coincided with the depreciation of the US dollar against leading currencies such as Euro and Aussie dollar. Moreover, the tumble of leading U.S…

Gold and Silver Prices – Daily Outlook for August 15

Gold and silver prices 2013 August 15

Precious metals prices changed direction and bounced back on Wednesday. Their rally didn’t coincide with the developments in the forex markets, in which the U.S dollar slightly appreciated against leading currencies such as Euro and Aussie dollar.  In the U.S,…

Gold and Silver Prices – Daily Outlook for August 13

Gold and silver continued their rally from Friday and spiked on the first business day of the week. Their rally didn’t coincide with the developments in the forex markets as the US slightly strengthened against leading currencies such as Japanese…

Gold and Silver Prices – Daily Outlook for August 8

Gold and silver prices didn’t do much yesterday as gold slightly rose while silver inched down. In the currencies markets the British pound rallied against the USD following the latest speech of BOE Governor Carney. Moreover, many other currencies also…

Gold and Silver Prices – Daily Outlook for August 7

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As many had anticipated, RBA cut its interest rate by 0.25 pp to 2.5%. This decision was expected so didn’t strongly affect the Aussie dollar yesterday. Nonetheless, gold and silver continued their downward trend and fell again. Will gold and…