During last week, leading commodities prices mostly fell including natural gas, oil and silver; in the forex market, the USD appreciated against several risk currencies such as Aussie dollar and Canadian dollar. In the forthcoming week several reports and speeches…
Can someone say one more time tapering or Fed? The anticlimax from the FOMC’s meeting two weeks ago rendered the precious metals market moving in an unclear direction. The high expectations from the Fed to announce a shift in policy…
Gold and silver continue to zigzag and they bounced back yesterday from the recent fall. This recent descent of precious metals didn’t seem to stem from the news regarding the progress of the U.S economy: the final estimate of the…
The prices of precious metals have changed direction and rallied yesterday after they had declined for three consecutive business days. Their rally coincided with the rally of the Euro/USD and the drop of U.S stock markets. In the U.S, new…
The prices of gold and silver continued their downward trend and completed yesterday a three day drop. Their recent descent coincided with the ongoing weakening of leading currencies against the US dollar. In the news, the German IFO Business Climate…
The gold and silver market has cooled down from last week’s high volatility, following last week’s FOMC’s no-tapering decision. On Monday, gold and silver slightly declined. Their decline coincided with the downfall of other commodities such as crude oil. In…
Silver Wheaton Corp. (SLW) has made a comeback in the stock market in the past three months: Shares of Silver Wheaton rose by 21.5% since the end of July (up-to-date). Nonetheless, during September the company’s stock fell by nearly 6%.…
The prices of gold and silver rallied during last week. The latest FOMC meeting ended with Bernanke keeping the monetary policy unchanged even though many had expected the Fed will start tapering its asset purchase program. As a result gold…
Despite the high volatility in the commodities markets, gold and silver didn’t do much on a weekly scale as both precious metals rallied; on the other hand, oil and natural gas changed direction and fell during last week. The highly…
The high volatility of gold and silver prices during Thursday and Friday resulted in gold and silver only slightly rising during the week compared to last week’s prices: Gold rose by 1.85% and silver by 0.94%. The highly anticipated FOMC…