Gold and silver prices changed direction; following the recent FOMC minutes release, they have taken a sharp turn down just like many other commodities prices including crude oil prices. During yesterday’s trading natural gas spot prices sharply rose again. The…
Following the publication of the minutes of the recent FOMC meeting the bullion market reacted to it very promptly as both gold and silver prices are currently falling precipitately. The minutes reveled that the chances of the Fed executing an…
Gold and silver prices didn’t do much yesterday as gold price slightly declined and silver moderately rose. The big news for bullion came after the market closed: the minutes of the last FOMC meeting. According to the minutes, it seems…
I have already posted about the near paradigm shift in precious metals market as gold price sharply rose above the price of Platinum. Let’s reexamine this case and see if there was any change in the relation between these two…
Gold and silver prices continued their slow paced rise during yesterday and thus completed a two day rally. Will this rally continue throughout the rest of the week is not clear yet. Today the minutes of the FOMC meeting will…
Gold and silver prices started off the week the same way they have ended last week – strong. Both precious metals prices increase along with many other commodities prices including crude oil prices. There were reports along the day that…
Gold and silver prices didn’t do much during the past couple of weeks even though they have had sharp turns during that time. By the end of the month gold price shed 2.3% off its value and silver price declined…
Here is a short overview and a forecast for the upcoming week of April 2nd to April 6th; this includes a short description of the main news items, public speeches, and events that may have affect precious metals prices during…
For the first week of April there are several publications and monetary decisions that may stir up the financial markets. Among the reports to be published and decisions are: U.S. manufacturing PMI, GB rate decision, minutes of last FOMC meeting,…
Gold and silver prices ended the week rising. During the entire week they have shifted from gains to losses with an unclear trend; Crude oil prices also edged up on Friday; natural gas prices continued to their freefall with end…