Can someone say one more time tapering or Fed? The anticlimax from the FOMC’s meeting two weeks ago rendered the precious metals market moving in an unclear direction. The high expectations from the Fed to announce a shift in policy…
The high volatility of gold and silver prices during Thursday and Friday resulted in gold and silver only slightly rising during the week compared to last week’s prices: Gold rose by 1.85% and silver by 0.94%. The highly anticipated FOMC…
The gold and silver market has cooled down last week: The price of gold fell by 5.61%; silver plummeted by 9.10%. In anticipation for next week’s FOMC meeting, the market may have adjusted to the possibility that the Fed won’t…
The price of gold slipped during the previous week by 0.69% while silver bounced back and rose by 1.59%. The market still waits for the FOMC’s next meeting, which will take place in less than two weeks. Even if the…
The precious metals market has heated up this summer as both gold and silver prices spiked during August. Will the recent rally hold up and keep bullion prices elevated or will gold and silver prices change direction and fall? Many…
The prices of gold and silver didn’t do much during the past week: The price of gold inched up by 0.06%, while silver slipped by 1.1%. This brings the past three weeks’ rally of both gold and silver to a…
During the beginning of the week gold and silver rallied only to tumble down on Friday. In Europe, ECB and BOE kept its cash rate unchanged. This news may have contributed to the rally of not only the Euro but…
Gold and silver didn’t do much on a weekly scale as gold inched up while silver slipped. Their unclear trend coincided with the developments in the currencies markets as the Euro rallied against the USD while the Aussie dollar and…
Gold and silver changed course and bounced back during last week. Their recovery coincided with the appreciation of leading currencies such as Euro and Japanese yen against the USD. Moreover, the recent fall of U.S equity markets may have also…
Gold and silver continued to trade down during last week. Their sharp fall coincided with the depreciation of leading “risk related currencies” such as Euro and Aussie dollar against the USD. Moreover, the ongoing rally of U.S equity markets is…