Gold and silver prices broke formation and declined yesterday; this shift ended an upward trend of gold price since July 5th. Today, the US existing home sales will be published. Let’s examine the examine the precious metals market for today,…
Gold and silver prices continue the upward tend of last week and finished yesterday with rises. Today, several publications will be released vis-à-vis the US real estate market including US building permits and US housing starts; the Canadian bank will make…
Gold and silver prices kept on rising during last week, and they continue to do so at this week. Today, the US TIC long term purchases report will be published; the Australian bank will make its decision on the overnight…
Gold and silver prices kept on rising yesterday despite the bounce back of the US dollar from Wednesday’s sharp falls. Today, the US consumer price index will be published. Let’s examine the news of the day related to the precious…
Gold and silver prices rose very sharply yesterday over the news of Bernanke’s testimony and Moody’s rating warnings over US debt concerns. Today, the US producer price index will be published along the US unemployment claims. Let’s examine the news…
Gold price continues its rally as it rose for six consecutive days; gold and silver prices are currently traded up on the weak US dollar . Today, the Chairman of the Fed will testify, the Eurostat will publish the Euro…
Gold price rose again yesterday, while silver price broke formation and declined; currently both precious metals’ prices are dropping as the Euro further weakens. Today, the Canadian and American trade balance will be published along with July’s OPEC report. Let’s…
Gold price starts the week the same way it has ended the previous one with rises as the Euro and US economies continue to pose high risk. Today, the Canadian Housing starts and business outlook survey reports will be published;…
Gold and silver prices continued their rally for the third straight day, and they are currently traded up; this rise is despite the recent news of ECB’s rate decision from yesterday to raise its interest rate to 1.5%.. Today, the…
Gold and silver prices rallied for the second straight day and they currently continue to trade up. Today, the ECB will publish its decision about the interest rate; the Department of Labor will publish the U.S. unemployment claims in preparation…