The prices of gold and silver bounced back during last week. The weakness in the equities markets and recent depreciation of the US dollar against the Japanese yen and Euro may have contributed to the rally of precious metals. The…
Leading energy commodities dropped, while precious metals rallied during the past week. The US dollar depreciated against leading currencies such as Euro and Japanese yen during last week. This week several reports, speeches and events will come to fruition including:…
Gold and silver continued to zigzag throughout last week, but their jump on Wednesday was enough to maintain their weekly prices elevated. The recent depreciation of the US dollar against leading currencies including Japanese yen and Euro may have contributed…
In previous years, the FOMC’s expanding monetary policy (e.g. lowering interest rates) has raised the demand for gold, which supposes to protect its investors from the potential devaluation of the U.S dollar. Therefore, the FOMC’s recent decisions to cut down…
The prices of gold and silver moved in an unclear trend during last week. Their prices started off strong at the beginning of the week only to change course and plunge at the end of the week. Several U.S reports…
The commodities markets rallied mainly at the end of the week including stocks and energy commodities following the publication of the U.S NF payroll report, in which a higher than anticipated number of jobs were added in February. This week…
Gold and silver market moved in an unclear trend during last week. Their rally at the beginning of the week changed course and tumbled down at the end of the week following the U.S non-farm payroll report. The recent reports…
According to the latest Bureau of Labor Statistics monthly report, total U.S. employment grew as many had anticipated: Based on the ADP update, private non-farm payroll rose by 139k during February: In the last U.S. employment report, which was published…
Following the previous FOMC meeting, which ended with a mini-taper, the FOMC will convene again for the second time this month. This upcoming meeting could stir up the markets as it did in the previous meetings. Despite the tapering of…
Gold and silver prices slipped during last week. The latest economic reports about the U.S and China may have contributed to the recent developments in the precious metals market: U.S new home sales jumped by 9.6%; pending home sales index…