The prices of gold and silver edged down during the previous week. As the year is winding down, the clock is still ticking on the fiscal cliff. Up to now, the White House and Congress didn’t progress towards a viable…
The prices of gold and silver haven’t performed well in 2012. Moreover, both gold and silver haven’t increased much in the past couple of years. Is it all over for precious metals? Is the global economy doing much better in…
The FOMC concluded its last meeting this year and as the market had anticipated, the Fed announced it will expand QE3 that will include in addition to the Fed purchasing mortgage-backed securities at a pace of $40 billion per month;…
The ongoing debates regarding the fiscal cliff raise the question how it will affect precious metals prices. Let’s take a closer look on this issue and potential ramifications passing the fiscal cliff could have on precious metals markets. It’s still…
Gold and silver edged down during last week. Will precious metals change direction and rally this week? As I have pointed out in the recent precious metals weekly outlook, there are several events and reports that may affect bullion this…
The prices of gold and silver slightly declined during last week. The volatility of precious metals has subsided during last week but might pick up in this week as the last FOMC meeting for the year will be held during…
Precious metals prices moved with an unclear trend during the first two weeks of November, but by the end of the month silver rose while gold edged down. The recent decision of the EU leaders to approve the next Greek…
As many had anticipated the FOMC kept its policy unchanged but stated its concern regarding the still elevated unemployment. Gold and silver continued to trade down yesterday along with other commodities including oil and natural gas. Yesterday, it was reported…
Gold and silver changed direction again and tumbled down along with other commodities such as oil and stock indexes. Further, this fall coincided with the deprecation of the Euro and other “risk currencies” against the USD. Today the FOMC meeting…
Gold and silver declined during last week. Will precious metals continue their downward trend this week? As I have indicated in the precious metals weekly outlook, the main events of the week will revolve around the next FOMC meeting that…