The prices of gold and silver continued their upward trend and rose for the second consecutive day. The recent fall of other commodities prices and major risk currencies such as Euro, and Aussie dollar didn’t seem to slow down the…
The prices of gold and silver started the week on a positive note. The recent of Bernanke may have contributed to the recent rally of precious metals on Monday. Will gold and silver continue to rise today? Currently, the prices…
The prices of gold and silver slightly increased on weekly scale. Precious metals sharply rose on Thursday along with the Euro and other commodities prices following the ECB’s decision to keep the Euro rate unchanged and Mario Draghi’s cautious but…
The market sentiment seems to have shifted gear again as precious metals bounced back and spiked on Thursday. The recent decision of the ECB to keep the interest rate unchanged along with the reassuring words of ECB President that EU…
The prices of gold and silver changed direction and edged down on Wednesday. Moreover, many other commodities and currencies pairs have also declined yesterday. In the recent U.S bond auction the U.S average interest rate for the 10 year bond…
The prices of gold and silver shifted gear and sharply rose yesterday. The recent news from Europe including the decline in Germany’s factory orders in November, and the rise in Euro Area unemployment rate to 11.8% may have contributed to…
The low volatility has returned to the precious metals markets. The prices of gold and silver, much like other commodities, remained virtually unchanged on the first day of the week. Will gold and silver resume their downward trend? Currently, gold…
The prices of gold and silver remained nearly unchanged on a weekly scale. The optimism in the precious metals markets following the recent decision of U.S policymakers to raise taxes and averting the “fiscal cliff” didn’t last long. The prices…
The prices of gold and silver changed direction and tumbled down on Thursday. The recent release of the minutes of the FOMC meeting may have contributed to the tumble in precious metals prices. Moreover, the expectations that the upcoming U.S…
The prices of gold and silver continued their upward trend on Wednesday. This rally coincided with the rise in other financial markets including other commodities such as crude oil and U.S stock markets. This rise was mostly attributed to the…