Category: Gold

Gold & Silver Prices – Daily Outlook January 12

Gold and silver prices rose again in yesterday’s trading despite the drop in the other commodities prices such as oil prices and the depreciation of the Euro and Australian dollar against the US dollar. Today there is the ECB rate…

Gold and Silver Continued to Trade up –Recap January 11

Gold and silver prices continued to rise even though other commodities prices declined in yesterday’s trading: crude oil prices changed direction and moderately declined, and natural gas price took a dive and precipitately decreased. Major currencies such as Euro and…

ECB Kept Interest Rate at 1.00% – January 12

 As expected the European Central Bank kept the basic interest rate at 1.00% after ECB had cut the rate in twice in the past couple of months. President of ECB, Mario Draghi continues to call for structural reforms in EU…

Gold & Silver Prices – Daily Outlook January 11

Gold and silver prices continue to rise along with the rest of the other commodities prices including crude oil prices. The Australian dollar appreciated against the US dollar. This rally in the Forex market may have also helped push up…

Gold & Silver Prices – Daily Outlook January 10

Gold and silver prices started the second week of 2012 with light changes as gold price moderately declined and silver price slightly rose. Currently, gold and silver are traded up. Some attribute the current rally to speculation of rising demand…

Weekly Outlook for 9-13 January

Following the sharp gains in commodities prices during the first week of 2012, the second week of 2012 might continue this direction pending the new reports and decisions that will be made during the week. Some of the news items…