Category: Gold

A decline in US Treasuries holdings – August report

According to a recent report, of the U.S. Department of the Treasury, the U.S. Treasuries longer-term notes by other countries declined by $16.7 billion during June compared with May’s acquisitions. Foreign holdings of all dollar-denominated short-term U.S. securities and other…

Weekly outlook for August 15-19

The high volatility in the financial markets  during last week subsided by the end of the week; this volatility was stem by the news of Standard & Poor’s downgrading the US credit rating from AAA to +AA for the first…

Gold & Silver Prices – Daily Outlook August 12

Gold price changed direction and fell for the first time this week following the recent margin hike by CME; silver price also followed and declined. The stock markets continue to zigzag and sharply incline yesterday. Gold and silver prices are…