The precious metals market has heated up this summer as both gold and silver prices spiked during August. Will the recent rally hold up and keep bullion prices elevated or will gold and silver prices change direction and fall? Many…
During the previous week, gold and silver didn’t do much, which brings recent weeks’ rally to a halt. I think the low trading volume and the anticipation of the next FOMC meeting could eventually lead to a reversal in the…
Last week, leading commodities prices mostly increased, while the USD mostly depreciated against leading currencies. The slow movement in the forex and commodities markets might pick up as we are exiting the summer slowdown. In the upcoming week several reports…
Gold and silver fell again for the second consecutive day. Their recent descent coincided with the fall of other leading risk currencies against the USD. In the U.S, jobless claims weekly update showed a decline of 6k in initial claims…
The prices of silver and gold changed direction and slipped on Wednesday. Their recent decline coincided with the changes in the forex markets. The recent developments in the Middle East including Syria and Egypt may have contributed to the strengthening…
Gold and silver didn’t do much on Monday and gold slightly declined, while silver rose again. Their small movement coincides with the developments in the forex markets as the US didn’t move much against leading currencies. In U.S, the core…
Gold and silver didn’t do much in the past couple of days as they both moved in an unclear trend: The price of gold changed direction and slightly rose yesterday after it had slipped a day earlier. The forthcoming publication…
The prices of gold and silver changed direction and slipped on the first day of the week after they had spiked during the previous week. The recent fall in the prices of gold and silver coincided with the decline of…
During the previous week, gold and silver spiked. Due to last week’s rally silver price reached its highest level since mid-May. The price of gold is at its highest since the end of June. The recent rally may have stemmed,…
The Bureau of Labor Statistics published its recent report of the U.S CPI for July 2013. Based on the latest update, the consumer price index rose again for the third consecutive month; in annual terms the US CPI increased by…