Last week, the FOMC meeting may have rekindled the speculations of tapering QE3 in December. The market reaction soon followed as the USD rallied and precious metals prices tumbled down. Looking forward, will the US dollar continue to rally? This…
The prices gold and silver kicked off the month on a negative note as both precious metals tumbled down. This recent fall may have been related to the expiry of future contracts as more investors have exited the bullion market.…
Following the anticlimax from the FOMC’s meeting a couple of weeks back, the prices of gold and silver didn’t do much during last week. In the U.S, several reports came out and didn’t offer a clear picture regarding its: Jobless…
During last week, leading commodities prices mostly fell including natural gas, oil and silver; in the forex market, the USD appreciated against several risk currencies such as Aussie dollar and Canadian dollar. In the forthcoming week several reports and speeches…
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…
The high volatility in the financial markets including forex and commodities during yesterday’s trading may have stemmed, in part, by the recent publication of the minutes of the FOMC meeting and Bernanke’s speech. The dovish remarks of Bernanke may have…
The prices of gold and silver rose again for the second consecutive day. Will this upward trend continue today? The minutes of the last FOMC meeting will come out and could stir up the precious metals markets if the minutes…
During the previous week, gold and silver prices continued their downward trend even though they have started the week on a positive note. Their fall coincided with the weakness of leading currencies such as Euro and Aussie dollar that depreciated…
The prices of leading commodities including crude oil and gold moderately rallied during last week. Despite the recent ECB rate cut leading “risk related currencies” such as the Euro and Aussie rose during most of last week. In the upcoming…