The ongoing debates regarding the fiscal cliff raise the question how it will affect precious metals prices. Let’s take a closer look on this issue and potential ramifications passing the fiscal cliff could have on precious metals markets. It’s still…
Many energy commodities prices declined on the first business day of the week while precious metals rose: WTI oil declined while Brent oil prices slightly rose yesterday; the prices of gold and silver, on the other hand, rose again on…
Gold and silver edged down during last week. Will precious metals change direction and rally this week? As I have pointed out in the recent precious metals weekly outlook, there are several events and reports that may affect bullion this…
The prices of gold and silver slightly declined during last week. The volatility of precious metals has subsided during last week but might pick up in this week as the last FOMC meeting for the year will be held during…
During last week, major commodities were traded mostly down including oil, natural gas, silver and gold. Will commodities change direction and rally this week? The highly anticipated FOMC meeting will be held next week and could sharply affect commodities prices…
Gold and silver didn’t do much during last week and edged down on a weekly scale. It seems that many bullion investors might be waiting for next week’s FOMC meeting that could pull up gold and silver if the Fed…
Yesterday, the non-farm payroll report came out, in which the employment rose by 146k – higher than expected – alas it didn’t seem to affect much the commodities prices. Several energy commodities prices declined on the last business day of…
The prices of precious metals changed direction a couple of times during the day but in the end they both slightly rose, despite the fall in other commodities prices and major “risk currencies” such as Euro or Aussie dollar. ECB…
The U.S. employment rose again by a higher pace than many had expected during November: according to the latest U.S. employment report, which was published today, December 7th by the Bureau of Labor Statistics the number of non-farm employees expanded…
In recent years, many investors have added precious metals to their portfolio for various reasons including hedging in case of inflation or a sharp devaluation of the dollar against other leading currencies. Despite the strong relation between gold and silver,…