The gold and silver ended the month with a sharp fall in their prices. As a result the gains of gold and silver were erased on the last day of the month. The recent drop in gold and silver coincided…
The precious metals market hasn’t moved much and gold and silver prices remained nearly unchanged on a monthly scale. The FOMC meeting ended with no change in policy. But some analysts think the FOMC has left the door open on…
The prices of gold and silver changed direction and tumbled down last week. Their recent plunge coincided with the appreciation of the US dollar against the Euro and Aussie dollar. The FOMC meeting didn’t offer any new headlines, but some…
Last week, the FOMC meeting may have rekindled the speculations of tapering QE3 in December. The market reaction soon followed as the USD rallied and precious metals prices tumbled down. Looking forward, will the US dollar continue to rally? This…
The precious metals market cooled down at the end of the month and both gold and silver prices tumbled down on Thursday – the last trading day of the month. In the last four consecutive months gold and silver declined…
The low volatility of gold and silver ended yesterday as both precious metals prices tumbled down. Their recent fall nearly erased all their grains from the past month. Several theories may explain the recent fall including the renewed speculations that…
The FOMC’s meeting ended with no dramas and it was decided to keep the monetary policy unchanged. Gold and silver recovered from their recent slump and slightly rose yesterday. In U.S news, the consumer price index for September inched up…
Gold and silver prices slipped again for the second consecutive time this week. The rally of the USD against the Euro and Japanese yen coincided with the drop of precious metals prices. Yesterday, U.S retail sales report came out: The…
The gold and silver market kicked off the week with a slow start as both precious metals prices slipped yesterday. This rally of the past couple of weeks may have reached a halt. The depreciation of the Euro and Japanese…
The prices of gold and silver continued their upward trend during last week. Their rally coincided with the depreciation of the USD against the Euro and Japanese yen. The non-farm payroll report didn’t meet expectations with only 148k jobs added…