The prices gold and silver rose on the first day of the week, despite the depreciation of the Euro and Australian dollar. I suspect, the ongoing speculations around Bernanke’s speech at Jackson Hole on Friday and his position on whether…
The prices gold and silver hiked during last week, and I suspect bullion rates will continue to trade up during this week. As I have pointed out in the precious metals weekly outlook the main events of the week will…
Gold and silver prices, as expected, hiked during yesterday as a clear cut market reaction to the publication of the minutes of the FOMC meeting. The minutes revealed that many FOMC members consider “monetary accommodation would likely be warranted fairly…
Is time for another quantitative easing? Gold and silver prices continue to rise following yesterday’s publication of the minutes of the FOMC meeting. In last month’s FOMC meeting there were no hints of another QE program, but the minutes revealed…
Gold and silver prices, much like the Euro, hiked on Tuesday as many forex and bullion traders anticipate the ECB bond purchasing program will commence in the near future. There are also speculations on whether the People’s Bank of China…
Gold and silver prices bounced back and, unlike many other commodities and currencies, rose on Monday. Despite yesterday’s rise, I still suspect bullion rates will trade down during the week. There are still talks around the future steps of ECB…
The prices gold and silver moved with an unclear trend during last week, but I suspect bullion rates might trade down during the week. As I have pointed out in the precious metals weekly outlook the main events of the…
Gold and silver, much like many other commodities, rose again on Thursday and thus completed a second straight day of gains. The U.S housing starts declined during June while the number of building permits increased. U.S. jobless claims remained nearly…
Gold and silver edged up on Wednesday after they had declined during the first two days of the week. The bullion market continues to seek direction as both metals nearly didn’t change during the month. The U.S CPI remained unchanged…
Gold and silver declined again for the second straight day. Will this weakness in the bullion market continue? The Euro Area GDP contracted during the second quarter of 2012 by 0.2%. This news may have contributed to the decline of…