Leading commodities such as oil, gold and silver rallied during last week. Leading currencies including Euro, Japanese yen and Aussie dollar appreciated against the USD last week. Will commodities continue to trade up this week? This forthcoming week several reports,…
During the beginning of the week gold and silver rallied only to tumble down on Friday. In Europe, ECB and BOE kept its cash rate unchanged. This news may have contributed to the rally of not only the Euro but…
Silver Wheaton has increased its gold production in recent months. Moreover, the company’s gold production is expected to triple in 2013. Is this the right move for this company? What is next for the gold and silver markets? Silver Wheaton’s recent decision…
The prices of gold and silver bounced back and rose during most of last week despite the recent speculations around the future steps of the FOMC. Specifically, the minutes of the last FOMC meeting revealed the concerns of several members…
Gold and silver changed course and rallied during last week. Was the recent rally a correction to the plunge in precious metals prices from the previous week? Was it a shift in market sentiment? Or was it a short term…
Major commodities including oil, gold and silver rallied last week after they had tumbled a week earlier. Equities and forex markets haven’t done much during last week. The focus of attention might shift back to forex as many important meetings…
The precious metals market just recorded one of its worst performing week in years. The price of gold tumbled down by 7% and silver by almost 13%. I could go over the main reports of the week (and I will)…
The sharp fall in the price of gold in recent days took by surprise many investors and analysts. I’ll admit that the plunge in prices of precious metals was surprising, and I didn’t think gold will fall so promptly. Nonetheless,…
The minutes of the recent FOMC meeting were published and didn’t reveal anything new: several members still think the current asset purchase program, in which the Fed is purchasing each month $85 billion of mortgage backed securities and long term…
Gold and silver continued to trade down during most of last week. The high volatility in the commodities markets didn’t seem to coincide with the relatively low volatility in the forex markets. The major developments in the forex markets came…