The prices of gold and silver changed direction again last week and edged down. Moreover, the high volatility of precious metals from the beginning of the month has eased down during last week. Will this low volatility continue during this…
The prices of gold and silver declined yesterday. A few U.S reports were published yesterday: the U.S CPI edged up by 0.1%; the Philly Fed survey showed the manufacturing have deteriorated mainly due to the adverse effect of Hurricane Sandy.…
The prices of gold and silver changed direction and increased yesterday. The recent publication of the minutes of the FOMC meeting from back in October didn’t offer much insight regarding the next move of the FOMC. A couple of U.S…
The prices of gold and silver slightly declined again for the second consecutive day. Â The low volatility was in other markets including oil, stocks and forex. The recent Euro Summits were concluded with no big headlines regarding Greece’s debt crisis.…
Gold and silver remained virtually unchanged on the first day of the week as the Euro, Yen and other currencies remained unchanged yesterday. Yesterday’s Euro-group meeting was concluded with little headway as the EU ministers of finance approved Greece’s budget…
Gold and silver changed direction and rallied during last week. Will precious metals continue to rise during this week? As I have pointed out in the precious metals weekly outlook, there are several events and reports that could affect the…
The prices of gold and silver changed direction again and bounced back on Thursday along with other commodities prices including crude oil and natural gas. Yesterday, U.S jobless claims update came out: number of jobless claims declined by 8k to…
The prices of gold and silver changed direction and declined on Wednesday along with other assets including crude oil, natural gas and stock markets. The hype over the elections of the incumbent President Obama for a second term didn’t last…
The prices of gold and silver hiked on Tuesday and thus completed a two day rally. The U.S Presidential elections are over as the incumbent President Obama was elected to serve another term in the White House. In the 2007…
The prices of gold and silver bounced back on Monday following their tumble on Friday. The U.S Presidential elections will come to a conclusion today. These elections and the day following the conclusion of the elections could lead to a…