Gold and silver resumed their downward trend during last week. The recent testimony of FOMC Chair Yellen, in which she reiterated her view that the U.S economy is on the right track towards improvement, may have dragged down the prices…
Gold and silver had a slow downward trend during most of the week only to bounce back on Friday following the release of the U.S non-farm payroll report. Gold ended the month modestly rising, while silver slipped. In the forex…
Gold and silver moved in an unclear trend and slightly rose last week. In the forex market, the U.S dollar also slightly depreciated against the Euro and Japanese Yen. This modest depreciation of the US dollar may have contributed to…
Gold bounced back during last week while silver remained nearly unchanged. In the forex market, the U.S dollar depreciated again against several leading currencies including Euro, Japanese Yen, and Aussie dollar. This trend may have also contributed to modest recovery…
Gold and silver didn’t do much and only slightly rose during last week. The U.S continued to show signs of slow recovery as the last non-farm payroll report was an improvement from previous months but wasn’t much better than expected. 192k jobs…