Gold and silver prices started off the week falling after they had risen on Friday. The decline in China’s manufacturing PMI index and the tumble of U.S manufacturing PMI to its lowest level since 2009 may have contributed to the…
Gold and silver prices changed direction on Friday and hiked along with other commodities rates. The resolution in the EU Summit helped rally of Euro/USD that dragged along with it other currencies and commodities rates. Will this rally continue this…
Gold and silver prices tumbled down yesterday along with many other commodities rates and U.S stock markets. This negative sentiment is likely to shift as the EU Summit concluded yesterday with a decision to establish a united supervisory mechanism for…
Gold and silver prices didn’t do much yesterday as gold edged up while silver slipped. The rise in U.S pending home sales index and U.S core durable goods as indicated in their respective reports, may have contributed to the rise…
Gold and silver prices continue to zigzag from gains to losses: yesterday both precious metals declined. This fall came after both metals hiked on Monday. The fall in the U.S consumer confidence survey didn’t seem to affect the financial markets…
Gold and silver prices kicked off the week on a positive note as they have recovered some of the losses from last week but they are still at a low rate for the month. The rise in new home sales…
It could take time until gold and silver prices will recover from their plunge on Thursday following the FOMC’s decision to extend operation twist by $267 billion until the end of 2012 and after the Fed had revised down its…
Gold and silver prices tumbled down along with other commodities prices such as oil and U.S stock markets. Even the Euro/USD plummeted during yesterday. The FOMC’s decision to extend its operation twist by $267 billion until the end of the…
Gold continued to trade down, while silver edged up during yesterday’s trading. The FOMC announced it will extend its operation twist, in which the Fed extends the average maturity of its holdings of securities, throughout the rest of the year.…
Gold and silver prices continue to dwindle as both metals edged down for the second consecutive day. Even the hike in Euro/USD and other related currencies such as the Aussie dollar didn’t reverse the decline in precious metals prices. The…