Barrick Gold’s(NYSE: ABX) failed attempt to merge with Newmont Mining (NYSE:NEM) didn’t vote well in the stock market as its shares fell by more than 6% in the past month. Looking forward, will Barrick Gold’s value keep falling? Let’s review…
Gold and silver bounced back last week despite their modest fall on Friday following the released of the NF payroll report, in which 217K jobs were added during May – inline with markets projections. Even the decision of the ECB…
The commodities and forex markets remained relatively unchanged last week as the prices of precious metals, natural gas and oil slightly moved. This week, many news items of the agenda including: U.S PPI, China’s industrial production, U.S JOLTS report, EU…
The bullion market remained clam throughout the week despite the recent decision of the ECB to reduce its deposit rate to a negative figure. This news also had little impact on the Euro. At the end of the week, the…
The latest Bureau of Labor Statistics monthly report showed total U.S. employment rose 217K – close to market expectorants. According to the ADP report, private non-farm payroll grew by 179k during May. According to the recent U.S. employment report, the…
During most of May the bullion market was in its early summer slumber, but by the end of the month both gold and silver took a dive and finished May in the red. The FOMC’s next move regarding its interest…
The prices of gold and silver changed direction and plunged last week despite the modest depreciation of the U.S dollar against leading currencies. Will gold and silver resume their downward trend? For the week of June 2nd to 6th, the…
The commodities market cooled down, while U.S equities rally during the previous week. This week, in the U.S several economic reports will be released including non-farm payroll, non-manufacturing and manufacturing PMI, factory orders and jobless claims. In Europe, ECB rate…
The stagnation in the bullion market was erupted this week as the prices of gold and silver mainly on Tuesday. Their recent fall coincided with the ongoing recovery of U.S equities markets. Even the negative news about the U.S GDP…
Gold and silver remained relatively flat during last week despite the appreciations of the U.S dollar against the Euro and Japanese yen. Will gold and silver start to show a shift in their flat line stance? For the week of…