After a couple of days in which oil prices plummeted along with the U.S and Europe stock markets all awhile gold prices rallied; the tables have turned coming Wednesday as gold and silver prices edged down while crude oil prices…
Gold and silver prices continued their rally while the rest of the markets (including energy commodities and U.S stock markets) are falling. This movement in different directions isn’t likely to last long as energy commodities and stock markets tend to…
Gold and silver prices didn’t move in sync yesterday as gold price rose while silver price declined. The U.S. non-farm payroll report which came out on Friday may have had a different effect on bullion prices. But the market’s reaction…
Gold and silver prices bounced back on Thursday (there were no commodities trading on Friday on account of Good Friday), after they had sharply declined on Wednesday. On Friday the U.S. non-farm payroll report came out and this news may…
Here is a short overview and an outlook for the upcoming week of April 9th to April 13th; this includes a short description of the main news items, public speeches, and events that may have affect precious metals prices during…
Gold and silver prices shifted very promptly during last week. They have both started very strong and thus continued their upward trend from the previous week, but then the minutes of the last FOMC meeting were published. In the minutes…
During the second week of April there are several financial publications hat may affect the forex and commodities markets. Among the reports to be published are: U.S. consumer price index, American and Canadian trade balance, Bank of Japan’s monetary policy…
The U.S. labor force didn’t rise as many had anticipated during March: according to the recent U.S. employment report, which was published today, April 6th by the Bureau of Labor Statistics the number of non-farm employees increased by 120,000. The…
Gold and silver prices bounced back from one of their worst performing days in over a year and ended yesterday’s trading rising. Major other commodities such as crude oil also rallied and finished the day in the green. On the…
Gold and silver prices tumbled during yesterday’s trading which was stem, in part, from the shift in market sentiment as a result of the recent publication of the minutes of the FOMC meeting back from March. On top of that…