Gold and silver prices started off the week falling after they have risen in the previous three days. Today the bullion market will probably be affected mostly from the FOMC meeting (update: FOMC announced no QE3 for now) and whether…
As expected there weren’t any major headlines coming out of the recent FOMC meeting, which was the second Federal Open Market Committee meeting for 2012. The Fed stated it sees signs of recovery in the U.S. economy in recent month…
Major commodities prices started off the week in the red as precious metals prices slightly declined on Monday after they had risen for three consecutive days. Crude oil was also traded down on the first day of the week. On…
Gold and silver prices continued their rally as they have completed a three day rally during last week. The positive news of the expansion of the US employment by 227k didn’t slow down gold and silver prices rally on Friday.…
Here is a short overview of the recent changes in gold and silver prices during the week of March 5th to March 9th; this includes a short description of the main news items, decisions and events that may have affected…
The commodities markets including gold and crude oil market didn’t do much during last week on a weekly scale despite the strengthening of the U.S. during last week over the Greek debt crisis, the strong U.S. non-farm payroll employment numbers…
Gold and silver prices moved in a horseshoe pattern as they have declined during the first couple of days of the last week only to bounce back during the last few days. The fall of bullion on Monday and Tuesday…
Gold and silver prices finished the week in the green along with other major commodities prices such as crude oil prices. The U.S. employment report showed an increase of 227k in February. This new may have been among the key…
According to the recent March report of the Organization of the Petroleum Exporting Countries regarding the oil market, the OPEC oil production slightly increased during February 2012 compared with January oil production levels. OPEC’s crude oil production reached 30,968 thousand…
Gold and silver prices continued their recovery and rose again yesterday. The concerns revolving the Greek debt crisis have subsided for now after investors agreed to swap nearly 85% of the Greek debt. Yesterday, ECB announced it will leave its…