Gold and silver prices changed direction and made a comeback from the last few days’ sharp declines. It seems that the corrections related to the CME margin hike on gold and silver contracts was completed; crude oil prices continued to…
Following the sharp fall in the US consumer confidence index during August, this index remained low in September and nearly didn’t change. According to the recent U.S. consumer confidence survey, the consumer confidence index remained low in September and nearly…
Gold and silver prices declined yesterday mainly over the CME margin requirements hike on gold and silver contracts, but currently they already bounce back and incline. The speculation around a bailout plan of the European bailout plan by European policy…
Gold and silver prices continued their downward trend they have started during the second part of last week. Yesterday, however they have declined by a moderate rate. Crude oil prices bounced back form the falls of last week and slightly…
Gold and silver prices sharply fell in the last couple of days of last week; currently they are traded slightly down. The recent CME announcement to raise margin requirements on gold and silver contracts is likely to be among the…
Following the turbulence in the financial markets during the second part of last week with the FOMC stimulus plan and the CME decision to raise margins on gold and silver contracts, this week the financial markets will continue to dwell…
Bullion traders had to endure the worst week for gold and silver especially in the last couple of days of the week. The financial markets started the descent on Thursday as US stock markets sharply fell; US Dollar sharply appreciated…
Gold and silver prices closed the week with very dramatic falls; the recent announcement by CME of a raise in margins requirements for gold and silver trading didn’t help precious metals traders. Gold and silver prices suffered the sharpest single…
Following the sharp falls in the precious metals prices, there was another news item that helped gold and silver prices to fall the flight of stairs: the CME (Chicago Mercantile Exchange) announced it will raise margins on gold and silver…
The decision of FOMC to purchase $400 billion worth of Long Term Securities by selling Short Term Securities by the end of June 2012, may have triggered a sharp reaction in the financial markets that turned into a sharp drop…