Gold and silver prices sharply rose yesterday following the decision of the FOMC ot keep its policy unchanged without tapering its asset purchase program. The progress of the U.S economy will continue to affect FOMC members and whether there will…
Despite the high expectations, the FOMC left its policy unchanged and didn’t decide to taper its asset purchase program at this point. This decision has had an immediate effect on the financial markets: Long term treasuries yields have dropped; the…
Following yesterday’s FOMC meeting, in which it was decided to maintain $85 billion a month asset purchase program. From the FOMC’s statement: “…the Committee decided to await more evidence that progress will be sustained before adjusting the pace of its…
The FOMC concluded its two day meeting with the decision to keep its $85 billion a month asset purchase program unchanged. This means, the FOMC won’t start tapering this month. This news is likely to pull down the USD and…
Gold and silver changed direction and after they had rallied on Monday, they pulled back down and fell on Tuesday. The FOMC meeting will end today, in which the FOMC will decide on any changes to its policy. If the…
The prices of gold and silver started off the week on a positive note as both metals bounced back from last week’s tumble. But this rally might not last long with the FOMC meeting will reveal a change in its…
The highly anticipated FOMC meeting will take place this week. The main issue that many expect is whether the FOMC will start tapering QE3 soon. Many expect the FOMC could start tapering by roughly $10 to $25 billion a month…
During the previous week, gold and silver prices plummeted. The upcoming FOMC meeting could stir up the precious metals markets especially if the Fed surprises and changes its monetary policy. The current expectations are that the Fed will start taper…
Leading commodities prices have changed direction and tumbled down during last week: Oil, gold and silver plummeted last week after they had rallied during most of August. The highly anticipated FOMC meeting will take place this week and could stir…
The gold and silver market has cooled down last week: The price of gold fell by 5.61%; silver plummeted by 9.10%. In anticipation for next week’s FOMC meeting, the market may have adjusted to the possibility that the Fed won’t…