The prices of gold and silver started off the week on a negative note and slipped on Tuesday. Moreover, the volume of trade also picked up after the markets were closed on Monday. Will gold and silver change direction again…
Shares of Silver Wheaton Corp. (SLW) have kicked off the year on a positive note as they have rallied by more than 10% (up-to-date). Further, the price of silver has increased by nearly 5% during January; the price of gold…
Gold and silver continued to slowly recover during last week following their tumble in December. The current low volatility in the bullion market might continue until the next FOMC meeting at the end of January will take place. This meeting…
The prices of leading commodities didn’t move much in the past week. On the other hand, the US dollar sharply appreciated against leading currencies such as Euro, Japanese yen and Aussie dollar during last week. During the upcoming week several…
The gold and silver market didn’t weak up during the past week and only slightly rallied on a weekly scale. The main event of the month – the upcoming FOMC meeting at the end of January – could stir up…
The price of gold rallied in during last week. Moreover, on a monthly scale gold is up by 3.7%. The recent disappointing non-farm payroll report may have lowered the odds of the FOMC tapering further its asset purchase program in…
The prices of gold and silver rallied in the past three business days and slowly recovered from their sharp drop in the prices of precious metals during December. The low volatility is likely to continue in the coming days. On…
Gold and silver bounced back mainly by the end of the week following the lower than expected rise in new jobs. According to the latest NF payroll report, only 74k jobs were added in December, which was lower than anticipated.…
The gold and silver market remained relatively flat as precious metals investors continue to get mixed signals regarding the future plans of the FOMC on its monetary policy, which tends to influence bullion traders. The minutes of the FOMC meeting…
The Bureau of Labor Statistics published its monthly update: Total U.S. employment didn’t rise as many had anticipated: Based on the ADP update, private non-farm payroll rose by 238k during December: The recent U.S. employment report, which was published yesterday,…