With the year winding down as we are heading towards the last week of 2016, the markets are likely to demonstrate – as they did last week – low volatility and liquidity. For precious metals, this could be a chance…
In the past couple of weeks there has been a bit of disconnect between gold and silver: As silver slightly picked up while gold continued its downward trend. And this week’s FOMC meeting could continue to keep them apart especially…
Despite the relatively good NFP report – at least in terms of unemployment and jobs growth – gold and silver bounced back on Friday after mostly falling throughout last week. Moving forward, the focus in the markets will shift to…
Precious metals continued to be pressured on account of the ongoing rise in interest rates, bullish market sentiment (at least in certain sectors) and stronger USD. But the Trump train may have come to brief halt as markets are starting…
So the U.S. elections did go as many had anticipated and lead to shockwaves in the financial markets across the world. And even though this news, which is considered something that raises the uncertainty in the markets, led to a…
The U.S. elections will take center stage this week and is likely to crowd out any other major reports or events that will unfold this week. Up to the end of the week, the tightening in the Polls between Trump…
With the U.S. elections only 8 days away the markets continue to monitor the changes in the possible outcome of these elections – mainly the presidential elections. But before the elections there are several key events and reports that will…
Even though the chances of a rate hike remained nearly flat over the past week, long term yields have slightly declined, which gave a modest gain for gold and silver prices. But if the recent trend of the past few…
Precious metals didn’t perform well again last week as the markets are coming around to consider the Fed raising rates in December. The stronger dollar has also pressured down gold and silver. And the Brexit talks — including the concerns…
Gold and silver took another beating as the USD gained some more momentum over the rising chances of a rate hike by the FOMC and the collapse of the British Pound over Brexit woes. And this week the focus will…