The precious metals market hasn’t moved in a clear direction during the past week; it seems the speculations around the upcoming FOMC meeting is keeping gold and silver investors trying to read the tea leaves. Some analysts speculate a decision…
The prices of gold and silver sharply rose on Tuesday. This recent rise was the second consecutive rise in prices. The recent reached agreement between Ryan and Murray to avert a potential U.S government shutdown in January along with FOMC’s…
The prices of gold and silver bounced back on Monday from last week’s decline. This may have been a correction to the plunge in prices following the positive reports on the progress of the U.S economy. This week, only a…
The prices of gold and silver changed direction and sharply fell during last week. Despite their fall, during the week they have zigzagged with an unclear trend. During last week, several reports were released during the week that could influence…
The commodities markets shifted gear as energy commodities such as oil and natural gas rallied, while precious metals such as gold and silver tumbled down. The U.S reports that were published last week including GDP, NF payroll, manufacturing PMI, and…
The Bureau of Labor Statistics released its monthly report: Total U.S. employment improved as expected: According to the ADP report, private non-farm payroll rose by 215k during November: The recent U.S. employment report, which was published yesterday, December 7th, the…
Precious metals prices resumed their downward trend during November. The minutes of the penultimate FOMC meeting of the year revealed its members discussed the importance of conveying to the public that tapering QE3 (if and when it starts) won’t…
The prices of gold and silver continued their downward trend and slightly fell for the second consecutive day. Their decline didn’t coincide with the depreciation of the USD against the Euro and Aussie dollar. The Reserve Bank of Australia has…
The prices of gold and silver tumbled down on the first day of the week. This may have been a strong correction to the sharp rise in bullion prices on Friday. Their recent drop coincided wit the moderate drop of…
The prices of gold and silver remained nearly flat during most of the week; they only slightly rose on a weekly scale as the U.S holiday may have contributed to the low volatility in the markets. During last week it…