Gold and silver prices started the week with very sharp losses; many commodities prices, stock indexes and forex exchange rates also sharply declined yesterday. This reaction was probably prompted by the markets’ disappointment from the recent EU Summit. Moody’s announcement…
Gold and silver prices bounced back on Friday following the sharp falls recorded on Thursday, but now the tables have turned again as the precious metals prices are declining. The agreement reached on Friday in the recent EU Summit doesn’t…
Natural gas continued to trade down during most of last week and reached on Friday the lowest prices in over two weeks; the winter will probably set during the upcoming. This could help push up the prices of natural gas.…
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…
Crude oil prices slightly declined during last week after oil prices rose during the past couple of months including November and October. There are many news items on next week’s agenda including the OPEC meeting and OPEC and IEA’s monthly report…
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…