The prices of gold and silver changed direction and rallied during last week. The low volume of trade kept the prices of gold and silver with little movement. On a weekly scale, however, both precious metals have rallied. The price…
The prices of gold and silver resumed their downward trend during last week. The FOMC’s decision to taper QE3 by $10 billion to $75 billion crowded out the other headlines from the FOMC press conference including the talks about keeping…
The prices of gold and silver moved in an unclear trend during the past week; the speculations around this week’s FOMC meeting keep the bullion market with high uncertainty. Some analysts guess tapering will be announced in next FOMC meeting:…
The prices of gold and silver changed direction and sharply fell during last week. Despite their fall, during the week they have zigzagged with an unclear trend. During last week, several reports were released during the week that could influence…
Precious metals prices resumed their downward trend during November. The minutes of the penultimate FOMC meeting of the year revealed its members discussed the importance of conveying to the public that tapering QE3 (if and when it starts) won’t…
The prices of gold and silver have resumed their downward trend last week, and they have plummeted to their lowest level in months. Their recent decline coincided with the weakness of several leading currencies such as Japanese yen and Aussie…
The gold market remained stagnate as gold price remained nearly unchanged on a weekly scale. The price of silver, however, resumed its descent of recent weeks and tumbled down again during last week. In the forex market some currencies such…
The prices of gold and silver continued their downward trend last week. Their recent fall coincided with the strengthening of the US dollar against the Euro. In the U.S, the Non- farm payroll report was released and was better than…
The prices of gold and silver changed direction and tumbled down last week. Their recent plunge coincided with the appreciation of the US dollar against the Euro and Aussie dollar. The FOMC meeting didn’t offer any new headlines, but some…
The prices of gold and silver continued their upward trend during last week. Their rally coincided with the depreciation of the USD against the Euro and Japanese yen. The non-farm payroll report didn’t meet expectations with only 148k jobs added…