Gold and silver continued to trade up last week; their rally coincided with the appreciation of the Euro and Canadian dollar again the USD and other commodities such as oil. The FOMC kept its policy unchanged. This news, however, seems…
The prices of precious metals shifted gear again and this time declined last week along with the decrease of certain currencies against the USD such as Canadian dollar, yen and Aussie dollar. The recent news of the hike in the…
2012 was a year many leading gold producers would like to forget. Shares of many gold producers haven’t performed well during last year. The stagnation of the price of gold during the year contributed to poor performance of several gold…
The prices of precious metals resumed their upward trend during most of last week despite the depreciation of major “risk related currencies” against the USD. Bernanke’s speech from last week didn’t seem to influence traders. I guess we will have…
The prices of precious metals spiked on Thursday along with the rest of the market including crude oil, stocks and Euro. The recent ECB meeting and press conference that followed may have contributed to this rally. But the following day,…
The spike in the price of gold between 2008 and 2011 seems to have taken a turn in the past year and a half and slowed down. In 2012 the price of gold rose by only 3.7%. Many investors still…
Despite the high volatility in the prices of gold and silver during last week, they remained nearly unchanged on a weekly scale. Gold and silver rallied after the holiday after the announcement that the U.S Senate and later Congress approved…
The prices of gold and silver edged down during the previous week. As the year is winding down, the clock is still ticking on the fiscal cliff. Up to now, the White House and Congress didn’t progress towards a viable…
The prices of gold and silver fell during last week. As the year is winding down and the concerns revolving the fiscal cliff might result in a rise in the volatility of precious metals. Furthermore, in the past couple of…
The prices of gold and silver continued their downward trend throughout most of last week. The concerns regarding the fiscal cliff is among the reasons the FOMC decided to expand QE3 by purchasing long term treasuries securities at a pace…