Gold and silver were traded down again for the second consecutive business day. Other commodities prices, such as oil, and the Euro/USD also declined on the first day of the week. On the other hand, several “risk currencies” such as…
Gold and silver remained nearly unchanged last week, despite the sharp changes in other commodities markets, most notably the oil market, and the shifts in the foreign exchange markets. The recent non-farm payroll report, in which 114k jobs were added…
The prices gold and silver rose again for the second consecutive day. The rally was plausibly fueled by the recent appreciation of the Euro against the USD. The ECB left its interest rate unchanged at 0.75%. Mario Draghi stated (again)…
The prices gold and silver continue to shift with an unclear trend as both precious metals changed direction and edged up on Wednesday. Both precious metals have been zigzagging with unclear since September 13th, following the announcement of the Fed…
The prices gold and silver changed direction again, much like in the past couple of weeks, and declined. The prices of precious metals have shifted with an unclear trend in the past couple of weeks. The recent decision of the…
The prices gold and silver started off the week on positive note as both precious metals increased along with other commodities and stock prices. The unexpected rise in the U.S manufacturing PMI index to reach 51.5% may have contributed to…
The prices gold and silver edged down during last week, as the concerns over Greece and Spain may have contributed to the decline of the Euro and bullion. In the past couple of weeks the decision of the FOMC to…
Following the decline of precious metals during most of the week, they have changed direction as both gold and silver prices pulled up on Thursday along with the rest of the market including oil prices, the Euro and major stock…
The prices gold and silver declined yesterday and thus since September 14th, following the announcement of the FOMC to launch QE3, the price of silver fell by 2.07% and gold by 1.08%. The same goes for the Euro and other “risk…
The prices gold and silver remained nearly unchanged yesterday and thus they have both continued their unclear trend from last week. Yesterday, President of Federal Bank of Philadelphia commented on the recent decision of the FOMC to launch QE3. He…