The prices of gold and silver didn’t do much in the past several days and only slowly declined. The recent publication of the minutes of the December FOMC meeting rekindled the conversation about the upcoming future tapering of the Fed.…
Gold and silver moved in an unclear trend during last week. But on a weekly scale they have finished higher than the previous week. Several U.S reports were released last week that provided a mixed signal regarding the progress of…
Last week’s slow pace in the financial markets due to the holiday season won’t resemble this week’s pace. This upcoming week will be packed with many news items, decisions, reports and events that could stir up the financial markets again.…
The prices of gold and silver changed direction and rallied during last week. The low volume of trade kept the prices of gold and silver with little movement. On a weekly scale, however, both precious metals have rallied. The price…
The holiday season will continue next week, which means only a few reports will be released during the week. Nonetheless, the forex and commodities markets could demonstrate high volatility due to the low volume of trade. This week several reports…
The gold and silver market remained relatively numb during the penultimate week of the year. The low volume of trade kept the prices of gold and silver with little movement. On a weekly scale, however, both precious metals have rallied.…
The FOMC may have concluded its meeting and announced its changes to policy on Wednesday evening, but the sharp drop in prices of gold and silver only came on Thursday. In other news: The U.S jobless claims rose by 10k…
The FOMC ended their last meeting of the year with the decision to taper QE3 by $10 billion. This means, the asset purchase program declined to $75 billion per month starting next month. The FOMC reduced $5 billion from each…
The prices of gold and silver resumed their rally and rose again for the second consecutive day. This trend, however, might change direction if the Fed announces tomorrow the tapering of its asset purchase program. Today the FOMC starts its…
The financial markets remain poised for the upcoming FOMC meeting, in which it will be decided whether the FOMC would announce of tapering QE3. The current expectations from analysts are that the Fed is likely to do so and start…