The financial markets remain poised for the upcoming FOMC meeting, in which it will be decided whether the FOMC would announce of tapering QE3. The current expectations from analysts are that the Fed is likely to do so and start…
The precious metals market hasn’t moved in a clear direction during the past week; it seems the speculations around the upcoming FOMC meeting is keeping gold and silver investors trying to read the tea leaves. Some analysts speculate a decision…
The gold and silver market continue to change direction with unclear trend: Yesterday both precious metals changed course and plummeted to their lowest level this week. The sharp rise earlier this week was erased. This unclear trend is likely to…
Leading gold companies such as Goldcorp (NYSE: GG) and Yamana Gold (NYSE: AUY) haven’t done well in the stock market, and their shares have tumbled down during the year. These companies’ third-quarter earning report showed a plunge in revenues and…
The prices of gold and silver sharply rose on Tuesday. This recent rise was the second consecutive rise in prices. The recent reached agreement between Ryan and Murray to avert a potential U.S government shutdown in January along with FOMC’s…
The prices of gold and silver bounced back on Monday from last week’s decline. This may have been a correction to the plunge in prices following the positive reports on the progress of the U.S economy. This week, only a…
The prices of gold and silver changed direction and sharply fell during last week. Despite their fall, during the week they have zigzagged with an unclear trend. During last week, several reports were released during the week that could influence…
The commodities markets shifted gear as energy commodities such as oil and natural gas rallied, while precious metals such as gold and silver tumbled down. The U.S reports that were published last week including GDP, NF payroll, manufacturing PMI, and…
The high volatility of gold and silver prices has returned last week. By the end, gold and silver have declined. Albeit these two precious metals have had an unclear trend: They moved from gains to losses almost on a daily…
The Bureau of Labor Statistics released its monthly report: Total U.S. employment improved as expected: According to the ADP report, private non-farm payroll rose by 215k during November: The recent U.S. employment report, which was published yesterday, December 7th, the…