The prices of gold and silver resumed their upward trend and rose again during yesterday’s trading. The gold market was very quiet on Monday as the volume of trade in the CME was the lowest since Christmas Day of 2012.…
The prices of gold and silver bounced back and spiked during last week. The U.S government shutdown ended with a short-term solution; the budget talks will continue with a revised deadline of January 15th; the debt ceiling was also pushed…
The U.S government is open for business but the big question remains for how long as the deadline on the budget talks and debt ceiling were pushed forward to mid January and early February, respectively. Until then, the reopening of…
The precious metals market reheated as the prices of gold and silver bounced back form their recent descent. The government shutdown ended with a short term solution as the budget talks will continue with a revised deadline of the middle…
Gold and silver prices continued their rally and spiked yesterday. In the forex market the USD sharply depreciated against leading currencies including Euro and Aussie dollar. Despite the deal that was struck between GOP and Obama regarding the debt ceiling…
The highly anticipated debt ceiling breach didn’t come as President Obama was able to pass in both houses the vote to raise the debt ceiling and partly fix the budget by reopening the government until mid-January. The debt ceiling will…
The prices of gold and silver continue to zigzag and yesterday both precious metals slipped. Their recent fall coincided with the strengthened against leading currencies such as Japanese yen and Euro. The recent news from the U.S government shutdown is…
The prices of gold and silver resume their downward trend as both precious metals’ prices tumbled down last week. The political developments in the U.S revolving approving the budget – that resulted in the current government shutdown – and raising…
Major commodities prices have mostly declined in the past week: Oil (WTI), gold and silver prices have declined in the past week and thus they have resumed their downward trend from the previous month. The many reports and events that…
The gold and silver market has cooled down again during the past week as both precious metals prices took a nosedive. The highly anticipated publication of the minutes of the September FOMC meeting came out. The minutes revealed that most…