The high volatility in the financial markets including forex and commodities during yesterday’s trading may have stemmed, in part, by the recent publication of the minutes of the FOMC meeting and Bernanke’s speech. The dovish remarks of Bernanke may have…
The minutes of the latest FOMC meeting were published today. The minutes didn’t present too much added value information that wasn’t covered in the statement of the FOMC meeting and the press conference that followed. But the market is reacting…
The prices of gold and silver moved in an unclear trend during last week as they changed direction almost on a daily basis. But by the end of the of the week precious metals tumbled down following the release of…
The prices of gold and silver tumbled down in the past couple of weeks to their lowest levels in years. Looking forward, will gold and silver bounce back? Let’s analyze the upcoming events that may stir up the gold and…
Precious metals markets continued to show weakness and both gold and silver were traded down again during last week. Their fall coincided with the decline of leading currencies against the USD. All eyes are towards the next FOMC meeting that…
Is the golden era of gold and silver behind us? Last week’s sharp fall in the prices of gold and silver might suggest so. Their tumble coincided with the decline of other commodities including oil, U.S equity markets and leading…
Gold and silver remained flat during most of the day but the latest press conference of the Fed stirred up the forex markets. Gold and silver are currently trading sharply down – gold fell below the $1300 mark for the…
The Fed left its policy unchanged for June. Nonetheless, in the press conference that followed Chairman of the Fed, Ben Bernanke, said the Fed may start to scale back its current $85 billion a month of long term securities by…
The prices of gold and silver haven’t done much during last week as they moved in an unclear trend. Next week, however, the precious metal market might stir up as the FOMC will convene and decide to any changes to…
During last week gold and silver moved in an unclear trend. Last week, Jobless claims slipped by 12k to reach 346k; U.S retail sales rose by 0.6%; PPI bounced back in May by 0.5%. These reports may have contributed to…