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…
Gold and silver didn’t perform well in the past week even though the USD remained relatively flat while the chances of a December rate hike slightly picked up. Moving forward, this week’s main event will the NFP for the month…
The bullion market recovered last week as the FOMC didn’t raise rates all awhile leaving the door open for a rate hike this year. The FOMC also revised its outlook on GDP growth rate for 2016, core inflation for 2017…
Gold and silver took another hit last week even though the changes of a rate hike in September declined. Even though the markets cut the chance of a rate hike in the upcoming meeting, the markets didn’t change the chance…
Precious metals kicked off last week on a positive note but by the end of the week both gold and silver made a U turn a declined as yields started to pick up again and the USD recovered. The speculation…