The prices of precious metals changed direction and bounced back yesterday. This rally coincided with the recent rally of risk related currencies such the Euro, Aussie dollar and Canadian dollar against USD. Today, the FOMC will conclude its two day…
The prices of gold and silver declined yesterday. This decline continued last week‘s downward trend. The decline of precious metals coincided with the fall of several currencies including the Euro Aussie dollar and Canadian dollar against USD. Will gold and…
The prices of gold and silver changed direction and fell during last week. The decline of precious metals coincided with the appreciation of the USD against several currencies including the Aussie dollar, Canadian dollar and Japanese yen. Will gold and…
The prices of silver and gold changed pace yesterday from their slow movement at the beginning of the week and tumbled down. Following yesterday’s fall, any gain recorded in precious metals from earlier this week was erased. The recent positive…
The prices of silver and gold didn’t do much yesterday as gold slightly declined and silver rose. HSBC published its China flash Manufacturing PMI, in which the PMI rose from 51.5 in December to 51.9 in January. This means the…
The prices of precious metals inched up on Tuesday along with other commodities such as oil and risk related currencies such as Canadian dollar and Aussie dollar. According to Standard Bank the demand for gold has risen in recent weeks…
The prices of gold and silver rallied during most of last week. Will gold and silver continue to rise? The recent decision of Bank of Japan to double its inflation target to an annual 2% rate is another indicator for the Bank’s…
The prices of gold and silver resumed their upward trend during last week. Precious metals rose despite the appreciation of the USD against major currencies including the Euro, Canadian dollar and Japanese yen. Will gold and silver continue to rise…
The prices of gold and silver rallied yesterday. In the U.S several reports came out yesterday: housing started spiked by 12.1% in December; jobless claims declined by 37k to reach 335k during last week; the Philly fed survey for January…
The prices of gold and silver remained virtually unchanged yesterday. In the U.S the debate over raising the debt ceiling continues and is likely to affect the financial markets in the weeks to follow. The U.S CPI remained unchanged during…