During last week, gold slightly fell while silver rallied. The market expectations for the next FOMC’s meeting keep gold and silver from forming a clear trend. Some analysts suspect the Fed will taper QE3 in September from $85 billion to…
The precious metals market has heated up this summer as both gold and silver prices spiked during August. Will the recent rally hold up and keep bullion prices elevated or will gold and silver prices change direction and fall? Many…
Gold and silver fell again for the second consecutive day. Their recent descent coincided with the fall of other leading risk currencies against the USD. In the U.S, jobless claims weekly update showed a decline of 6k in initial claims…
The prices of silver and gold changed direction and slipped on Wednesday. Their recent decline coincided with the changes in the forex markets. The recent developments in the Middle East including Syria and Egypt may have contributed to the strengthening…
During last week, gold and silver rose again. Their ongoing recovery resulted in gold reaching its highest level since early June; silver is at its highest since early May. Despite the recent rally of gold and silver, their recovery didn’t…
The prices of gold and silver continued their rally during last week. Despite the high expectations the publication of the minutes of the last FOMC meeting didn’t offer any additional information or insight behind the future steps of the Fed.…
Following the publication of the recent FOMC meeting minutes, the prices of gold and silver didn’t do much in the past couple of days. The prices of gold and silver inched up yesterday. The U.S jobless claims report came out…
Silver Wheaton Corp. (SLW) has been doing well in the stock market in the past several weeks: Shares of Silver Wheaton spiked by 37.6% since the beginning of July (up-to-date). This recent rally was partly driven by the recovery in…
The much anticipated publication of the minutes of the recent FOMC meeting didn’t amount to more than a storm in a teacup: The minutes didn’t offer any additional insight about the Fed’s next move and the wording remained ambiguous. Basically,…
Gold and silver didn’t do much in the past couple of days as they both moved in an unclear trend: The price of gold changed direction and slightly rose yesterday after it had slipped a day earlier. The forthcoming publication…