Here is a weekly recap for gold and silver prices for the week of December 5th to the December 9th including changes in prices, chart analysis and the main events and news that may have affected gold and silver prices…
Gold and silver prices changed direction again and sharply declined along with the rest of the financial markets such as the crude oil market and the European and American stock markets. The ECB rate decision and the press conference that…
Gold and silver prices continued to seek direction in the past few days as is the case for other commodities and forex markets. Today, European Central Bank will decide on its interest rates (update: ECB reduced the interest rate again…
Gold and silver prices continued the week with moderate changes and no clear trend. All eyes are still towards the upcoming EU summit and tomorrow’s ECB rate decision. Today, Great Britain Manufacturing Production report will be published; Germany’s Industrial Production…
Gold and silver prices started the week falling despite the gains recorded in the stock markets and the moderate increase in Euro and AUD against the USD. Will S&P downgrade the Euro Zone countries’ credit rating? How, if any will…
Gold and silver prices didn’t do much during November after they had sharply increased during October. Gold price ended the month slightly rising while silver moderately declining. What were the main factors that may have affected the development of gold…
Gold and silver prices ended the first week of December with moderate change; the U.S. employment report, which was published on Friday, seems to have had a modest effect on the precious metals prices. Today, the U.S. ISM Non-Manufacturing PMI…
Gold and silver prices started off the month of December with light changes as they have moderately declined after they had finished November. Today, the U.S. non-farm payroll will be published and the Canada Employment Report. Currently, gold and silver…
Gold and silver prices ended November on a positive note as they have sharply inclined along with the rest of the financial markets. The news from Europe on the Fed’s reduction of interest rates on USD loans to EU banks…
Gold and silver prices moderately changed yesterday with no clear trend. Italy’s bond sale gone well and may have indicated a slight positive sentiment in the financial markets in regards to the recent changes in Italy. Today the U.S Pending…