The gold and silver market kicked off the week with a slow start as both precious metals prices slipped yesterday. This rally of the past couple of weeks may have reached a halt. The depreciation of the Euro and Japanese…
Following Wednesday’s fall, gold and silver bounced back and increased on Thursday. In the past month both precious metals have changed direction directions several times but still managed to slightly rise on a monthly scale. Yesterday, U.S jobless claims report…
The rally of gold and silver prices reached a halt as both precious metals fell yesterday after they had rallied during the first two days of the week. Bank of Canada left its policy unchanged and kept the interest rate…
The gold and silver market continued to heat up and sharply increased yesterday. The recent non-farm payroll report didn’t meet expectations, which resulted in the depreciation of the USD against leading currencies and the recovery of gold and silver prices.…
The prices of gold and silver resumed their upward trend and rose again during yesterday’s trading. The gold market was very quiet on Monday as the volume of trade in the CME was the lowest since Christmas Day of 2012.…
Gold and silver prices continued their rally and spiked yesterday. In the forex market the USD sharply depreciated against leading currencies including Euro and Aussie dollar. Despite the deal that was struck between GOP and Obama regarding the debt ceiling…
The highly anticipated debt ceiling breach didn’t come as President Obama was able to pass in both houses the vote to raise the debt ceiling and partly fix the budget by reopening the government until mid-January. The debt ceiling will…
The prices of gold and silver continue to zigzag and yesterday both precious metals slipped. Their recent fall coincided with the strengthened against leading currencies such as Japanese yen and Euro. The recent news from the U.S government shutdown is…
The prices of gold and silver changed direction and started off the week on a positive note. The uncertainty around the U.S government shutdown and raising the debt ceiling is likely to keep affecting the volatility in the financial markets.…
The recent speculations around the potential progress in finding ways to end the U.S government shutdown may have contributed to the sharp rally of U.S stock market, US dollar and several commodities such as oil. On the other hand, gold…