The rally of gold and silver reached an impasse following the recent recovery in equities and the U.S. dollar against the Euro, Aussie dollar and British Pound. Nonetheless, the bearish market sentiment is still looming and could initiate selloffs if…
Following FOMC Chair Yellen’s testimony, in which she didn’t rule out the possibility of cutting rates to negative territory all awhile keeping the same mantra that the decision to raise rates will be data dependent hasn’t calmed markets. Also the…
The bullion market had, much like the rest of the financial market, a turbulent week: But unlike equities or other major commodities, both gold and silver continues to rise. The devaluation of the U.S. dollar helped push up precious metals…
Gold and silver prices rallied again last week but mostly at the start of the week before the FOMC released its statement, which was considered by many balanced. This week the NFP report could move gold and silver prices. But…
Gold and silver prices slightly rose last week as the ECB promises more stimulus to follow, which could keep the U.S. dollar strong against the Euro. This week, the main event is the FOMC meeting that could impact the direction…
The recovery of gold and silver slowed down as two forces moving in opposite directions impacting precious metals prices: The rally of USD – dragging down PMs – and the rise in global economic gloom as reflected by lower long…
The year started off with a lot of volatility mostly attributed to the selloffs of Chinese stocks. The growing concerns over what’s next for China pulled back up the demand for gold and silver. But then the NFP report came…
The gold and silver market didn’t have a good year with a 10% drop in prices. Will 2016 be any different? A lot will ride, yet again, on the Federal Reserve policy. And this week we have two reports that…