Gold and silver prices started 2011 with sharp gains that soon shifted to fall: Silver price ended 2011 with a 9.8% decrease from the beginning of the year, while gold price ended the year nearly 10.2%. What can we learn…
Gold and silver prices started the first week of 2012 with very sharp gains that were recorded in other commodities prices such as crude oil prices. The rest of the financial markets also recorded sharp gains including the U.S. stock…
Today the U.S. Manufacturing ISM report was published and the U.S. Manufacturing PMI growth rate rose again to 53.9% during December. The U.S. Manufacturing PMI – an index that presents the economic activity in the U.S. manufacturing sector, rose for…
Gold and silver prices ended the last day of 2011 on a positive note and rose after they had declined during most of December. Will the recent rally in precious metals prices continue today, the first business day of 2012?…
Here is a weekly recap for gold and silver prices for the week of December 26th to the December 30th including changes in prices, chart analysis and the main events and news that may have affected gold and silver prices to…
Gold and silver prices changed direction and sharply fell during most of December. Gold price ended the month 10.5% below its initial level, and silver price declined by 14.9%. What were the main factors that may have caused the sharp…
The first week of 2012, much like the last week of 2011, will be a short one due to the New Years holiday on Monday, but there will be many news items on the agenda that may stir up the…
During the last week of the year, gold and silver prices declined and thus continued their downward trend of December. Gold and silver prices declined during the month by 10.5% and 14.90%, respectively. During 2011 gold price rose by 10.2%…
Gold and silver prices rallied from the sharp falls they had recorded during most of the week and rose on the last business day of 2011. Crude oil prices on the other hand changed direction and declined. Major currencies such…
Gold price continued to decline yesterday, while silver price changed direction and slightly rose yesterday. Both precious metals prices didn’t do well in recent weeks, but will they continue to trade down on the last business day of 2011? Or…