The gold and silver market didn’t weak up during the past week and only slightly rallied on a weekly scale. The main event of the month – the upcoming FOMC meeting at the end of January – could stir up…
Gold And Silver | Recap for January 13-17
Category: Gold
Is China Important for Bitcoin?
Despite the high volatility in the price of Bitcoin, it continues to hover close to the $1,000 mark. Even the news of China’s boycott of the virtual currency didn’t dampen Bitcoin users and investors from holding on to it. Some…
Gold and Silver Forecast for January 16th
The prices of gold and silver changed course and slowly declined in the past couple of days. Their recent fall coincided with the depreciation of several leading currencies such as Euro and Aussie dollar against the US dollar. In the…
Is Gold Making a Comeback?
The price of gold rallied in during last week. Moreover, on a monthly scale gold is up by 3.7%. The recent disappointing non-farm payroll report may have lowered the odds of the FOMC tapering further its asset purchase program in…
Gold and Silver Forecast for January 14th
The prices of gold and silver rallied in the past three business days and slowly recovered from their sharp drop in the prices of precious metals during December. The low volatility is likely to continue in the coming days. On…
Gold and Silver Outlook for January 13-17
Gold and silver bounced back mainly by the end of the week following the lower than expected rise in new jobs. According to the latest NF payroll report, only 74k jobs were added in December, which was lower than anticipated.…
Weekly Outlook of Financial Markets for January 13-17
The financial markets heated up as most stocks markets and commodities rallied during last week. The lower than expected number of jobs added in the U.S during December, according to latest NF payroll report, didn’t stop commodities and stocks to…
Gold And Silver | Recap for January 6-10
The gold and silver market remained relatively flat as precious metals investors continue to get mixed signals regarding the future plans of the FOMC on its monetary policy, which tends to influence bullion traders. The minutes of the FOMC meeting…
U.S Employment Edged Up by Only 74k in December | Gold & Silver Bounce Back
The Bureau of Labor Statistics published its monthly update: Total U.S. employment didn’t rise as many had anticipated: Based on the ADP update, private non-farm payroll rose by 238k during December: The recent U.S. employment report, which was published yesterday,…
Gold and Silver Forecast for January 10th
The prices of gold and silver didn’t do much in the past several days and only slowly declined. The recent publication of the minutes of the December FOMC meeting rekindled the conversation about the upcoming future tapering of the Fed.…