Following Wednesday’s fall, gold and silver bounced back and increased on Thursday. In the past month both precious metals have changed direction directions several times but still managed to slightly rise on a monthly scale. Yesterday, U.S jobless claims report…
The recent speculations around the potential progress in finding ways to end the U.S government shutdown may have contributed to the sharp rally of U.S stock market, US dollar and several commodities such as oil. On the other hand, gold…
Gold and silver continue to zigzag and they bounced back yesterday from the recent fall. This recent descent of precious metals didn’t seem to stem from the news regarding the progress of the U.S economy: the final estimate of the…
Gold and silver plummeted on Thursday: Gold price tumbled down by 2.43% and silver by 4.42%. Is the market changing its perspective regarding the FOMC’s next move? It remains unclear whether the Fed will taper QE3 next week. Some analysts…
The prices of silver and gold changed direction and bounced back from their two day fall. Their recent rally coincided with the recovery of leading currencies such as Euro and Japanese yen against the USD. In the U.S, jobless claims…
Gold and silver spiked during yesterday’s trading. The volume of trade also rose as the ramifications of Bernanke’s remarks may have contributed to the rally of not only precious metals prices but also equities. The current expectations are that the…