During last week, gold and silver prices increased, mainly on Friday following the publication of the U.S labor report that showed a growth of only 96k in jobs. The upcoming FOMC meeting between September 12th and 13th will be the…
During the previous week, the prices of commodities rose mainly on Friday following U.S employment that showed a fewer jobs were added during August than many had anticipated. This news may have contributed to the renewed expectations of another QE…
Precious metals prices resumed their rally and hiked during most of the week especially on the last day of the week, following the publications of the U.S labor report, in which only 96k jobs were added – many anticipated the…
The price of oil hiked in the past couple of months. During August the price of WTI oil rose by 9.6%; United States Oil, by 9.8%. The recent rally of the Euro/USD may have contributed to the rise in oil…
The prices gold and silver didn’t do much yesterday as they both edged down after had hiked in the previous days. Major foreign exchange rates shifted with an unclear trend as the Euro appreciated against the USD while other “risk…
The prices gold and silver rose again during last week, and I suspect bullion rates will continue to rally during this week. The recent speech of Bernanke at Jackson Hole raised the expectations that another QE program is right around…
During last week, gold and silver prices rose, mainly on Friday following Bernanke’s speech at Jackson Hole. Despite the recent rally of bullion prices, I still think it’s too early to expect another QE program. There were several other reports…
Precious metals prices didn’t do much during the first couple of weeks of August but then they both rallied as the renewed expectations of another stimulus plan by the Fed reignited the bullion market. The rise of Euro/USD coincided with…
Precious metals prices hiked on the last day of the week, following Ben Bernanke speech that raised expectations of many precious metals traders that another quantitative easing plan might be announced by the FOMC in the near future. Despite the…
Gold and silver prices declined again for the third consecutive day. The Euro and Aussie dollar depreciated yesterday and may have contributed to the decrease of precious metals rates. Other commodities, such as oil, also decreased. The U.S jobless claims…