The equity markets tumbled down for the second consecutive day. The fall in stock markets may have contributed to rally of precious metals prices. Their rally came despite the sharp depreciation of “risk related currencies” such as the Aussie dollar.…
Leading commodities were traded up on the first business day of the week: Brent oil and WTI oil bounced back on Monday; natural gas Henry Hub future (short term delivery) slightly increased yesterday; silver and gold changed direction and rallied…
Gold and silver didn’t do much on a weekly scale as gold inched up while silver slipped. Their unclear trend coincided with the developments in the currencies markets as the Euro rallied against the USD while the Aussie dollar and…
The rates of gold and silver moved in an unclear trend during last week as they have shifted from gains to losses almost on a daily basis. In the end of the week the price of gold inched up while…
Precious metals continued to rally as gold and silver rates rose for the second consecutive day. In the U.S, jobless claims rose by 10k to reach 354k during the previous week; the second GDP estimate was published yesterday: the U.S…
The prices of gold and silver resumed their downward trend and fell yesterday. In the U.S, consumer confidence sharply rose from 69 in April to 76.2 in May. The rise in the index may have helped pull up U.S equity…
Leading commodities were traded in a mixed trend on the second business day of the week: Brent oil and WTI oil bounced back on Tuesday; natural gas Henry Hub future (short term delivery) decreased yesterday; silver and gold continued to…
Silver Wheaton has increased its gold production in recent months. Moreover, the company’s gold production is expected to triple in 2013. Is this the right move for this company? What is next for the gold and silver markets? Silver Wheaton’s recent decision…
Major commodities including gold natural gas and silver trade up during the previous week along with the recovery of several currencies such as the Euro against the USD. Leading Equities markets changed direction and fell during last week. The recent…
The prices of gold and silver bounced back and rose during most of last week despite the recent speculations around the future steps of the FOMC. Specifically, the minutes of the last FOMC meeting revealed the concerns of several members…