The prices of gold and silver didn’t do much on a weekly scale: Gold price slightly rose by 1.2%; Silver slipped by 1.68%. The recent testimony of Bernanke didn’t offer some additional insight and reminded that the Fed won’t taper…
Gold and silver haven’t done much on Thursday. Their little movement coincided with the slow movement in the forex market. Bernanke’s testimony in Senate didn’t offer much additional insight as to the Fed’s future steps regarding tapering QE3. In the…
Gold and silver prices changed direction and declined on Wednesday. Their fall coincided with the appreciation of the US dollar against leading currencies including Euro and Canadian dollar. IN his testimony in front of Congress, Bernanke reminded that the Fed…
The financial markets didn’t experience high volatility during yesterday. Gold and silver markets also remained relatively poised as all eyes will be towards the upcoming testimony of Bernanke in the House. This testimony could have a strong effect on precious…
Gold and leading gold ETF SPDR Gold (NYSEMKT: GLD) have recently rallied, but they haven’t performed well during most of the year: During 2013, the price of gold declined by 23%; the price of GLD fell by 22.9%. Moreover, GLD’s…
Precious metals prices rallied on Monday and thus continued their general upward trend from last week. In the U.S, retail sales slightly increased again by 0.6% during June. This news may have slightly contributed to the rally of U.S equity…
Silver imports in India have sharply increased at the beginning of the year. According to one report, in the first five months of 2013, silver imports to India rose by 26% compared to the first five months of 2012. If…
During last week, gold and silver changed direction and rallied along with other commodities prices. Their rally coincided with the depreciation of the US dollar against currencies such as Euro and Japanese yen. The recent publication of the minutes of…
The commodities markets are heating up again: Last week leading commodities such as oil, gold and silver prices sharply increased. Moreover, leading currencies including Euro, Japanese yen and Canadian dollar also appreciated against the US dollar during last week. Will…
The prices of gold and silver changed direction and bounced back from their sharp tumble during the beginning of July following the U.S non-farm payroll report. It seems that the market sentiment has shifted after the publication of the minutes…