The gold and silver market rallied again during last week. The bullion market’s recovery was partly due to the recent depreciation of the U.S dollar against leading currencies. The minutes of the March FOMC meeting were released and opened the…
Despite the recent tumble in shares of Silver Wheaton (NYSE: SLW) during the past month, they are still up by almost 13% since the beginning of the year. The decline in silver and gold prices was the main driving force…
The gold and silver market slightly recovered during last week. The recent non-farm payroll report, in which 192 jobs were added during March, was an improvement from previous months but wasn’t better than expected. The rate of unemployment remained flat…
The recent FOMC meeting concluded with another tapering decision. This time, this decision had a lingering negative effect on the prices of gold and silver. But the recent mini-taper wasn’t the only issue on the table. The speculations around the…
The gold and silver market continued to cool down during last week. In the U.S, several reports were published and showed mixed signal regarding the progress in its economy: new home sales fell by 3.3% during February; pending home sales…
The prices of gold and silver tumbled down during last week, following the FOMC’s decision to taper again QE3 by another $10 billion to $55 billion. This was Janet Yellen’s first decision as Chair of the Federal Reserve. This decision…
The prices of gold and silver bounced back during last week. The weakness in the equities markets and recent depreciation of the US dollar against the Japanese yen and Euro may have contributed to the rally of precious metals. The…
The prices of gold and silver moved in an unclear trend during last week. Their prices started off strong at the beginning of the week only to change course and plunge at the end of the week. Several U.S reports…
Following the previous FOMC meeting, which ended with a mini-taper, the FOMC will convene again for the second time this month. This upcoming meeting could stir up the markets as it did in the previous meetings. Despite the tapering of…
Gold and silver prices slipped during last week. The latest economic reports about the U.S and China may have contributed to the recent developments in the precious metals market: U.S new home sales jumped by 9.6%; pending home sales index…