During the previous week, gold and silver spiked. Due to last week’s rally silver price reached its highest level since mid-May. The price of gold is at its highest since the end of June. The recent rally may have stemmed,…
The commodity markets are heating up this summer, while the forex market is cooling down. During last week, gold, silver, natural gas and oil bounced back and rallied. Will these commodities’ rally persist this week? This forthcoming week several reports…
The prices of gold and silver took a sharp turn last week and spiked. Last week’s performance was among the best in recent months. Surprisingly, the forex market wasn’t as volatile as the precious metals market was last week. Further,…
The prices of gold and silver jumped yesterday and reached their highest level since June. Their rally coincided with the depreciation of the US dollar against leading currencies such as Euro and Aussie dollar. Moreover, the tumble of leading U.S…
Following the tumble in the prices of gold and silver during June, both precious metals bounced back last month. Moreover, their rally coincided with the recovery of leading currencies such as Euro and Japanese yen against the US dollar. Many…
As anticipated the FOMC left its policy unchanged in the last meeting, which ended today July 31st. In the released statement, the FOMC stated it will maintain its current $85 billion a month of long term securities until the U.S…
Silver Wheaton Corp. (SLW) is slowly recovering: Shares of Silver Wheaton jumped by 17.6% during the month. In comparison, the price of silver rose by 1.6% during July, and iShares Silver Trust (SLV) rose by only 1.85%. Will Silver Wheaton…
Major energy commodities including oil, and natural gas fell during last week while precious metals rallied. Equities markets slightly pulled back, while in the forex markets the US dollar depreciated against leading currencies including Euro and Japanese yen. In the…
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…
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…