Gold and silver prices ended January with very moderate changes as silver slightly declined and gold rose. The Euro and AUD also didn’t do much yesterday as the market still awaits for headlines from the Greek debt negotiations. Today, Portugal…
Gold price ended the month on a positive note, but the same can’t be said for silver; crude oil (WTI) was traded down on Tuesday; the Henry Hub changed direction and sharply fell on the last day of the month.…
Gold and silver prices started off the week slightly falling along with other commodities such as oil. The Euro and AUD also traded down against the US dollar. There are still concerns regarding the Greek debt and the recent EU…
Gold and silver prices started off the week moderately falling; crude oil prices also slightly declined; natural gas spot price rallied and sharply rose on Monday while the future price slipped. The Euro and other exchange rates including the Australian…
Following the growth in the U.S consumer confidence index during December, this index changed direction and decreased in January. According to the recent U.S. consumer confidence survey, the consumer confidence index declined in January compared with December’s index: The index…
During last week, gold and silver prices had one of their best performing weeks in recent time. But currently gold and silver are traded down. Today, the EU Summit will be held; the U.S. Personal Income and Outlays will be…
During January, gold price demonstrated its strongest performance in a single month since August 2011; for silver price it was since July 2011. Gold is currently 10.76% above its price from the end of 2011; silver has added 21.05% to…
Here is a short recap of the development of gold and silver prices during week of January 16th to January 20th; this recap includes a short description of the changes of precious metals market via chart analysis and highlights of…
Following the rally in gold and silver prices during last week along with the gains of major currencies including the Euro and Australian dollar against the U.S. dollar, the upcoming week starts off with the announcement of Fitch rating to…
Gold and silver prices continued their rally during last week as the bullish sentiment vis-à-vis the bullion market progress. The recent announcement of the FOMC to keep interest rates low until late 2014 (instead of the FOMC’s former pledge to…