Gold and silver prices didn’t react to the recent FOMC statement to keep policy unchanged. Both metals slightly declined yesterday, while many other commodities increased and the U.S dollar depreciated against the Euro and Aussie dollar. It seems that the…
Despite expectations of a market reaction to the recent FOMC meeting, it was eventually a storm in a teacup as the market hadn’t reacted to the news. The FOMC kept policy unchanged. Gold and silver prices slightly declined on Wednesday.…
Gold and silver prices didn’t do much yesterday but this may change today. The statement of the recent FOMC meeting will be released. Furthermore, the FOMC projection on the U.S economy will also be published. The release of these reports…
Gold and silver prices bounced back on Tuesday following their decline a day earlier. This may change today in anticipation for the upcoming statement of the recent FOMC meeting. Crude oil (WTI) also traded up, while Brent oil edged down.…
Gold and silver prices started off the week falling, much like the rest of the market including the Euro, oil prices, and stock markets. The disappointing manufacturing PMI of China and Euro-zone that contracted by 49.1 and 46, respectively may…
Gold and silver prices, much like many other commodities prices, started off the week falling. Crude oil (WTI) also traded down, while Brent oil edged up. Natural gas future prices continued to rally and sharply rose yesterday. Finally, the Euro…
Gold and silver prices ended on Friday with little movement, and this might continue during today’s trading. Currently gold and silver prices are slightly falling. On today’s agenda: China and EU flash manufacturing PMI. Here is a short outlook on…
Last week gold price didn’t do much and mostly declined, while silver price edged up. This slow paced trading might change in the upcoming week as there are several important items on the agenda that could affect not only the…
The upcoming week will bring many news items on the agenda and is likely to stir up the financial markets after the last couple of weeks in which stocks commodities and forex didn’t move much in any direction. Among the…
Bullion prices, as many other commodities prices, didn’t do much on a weekly scale. Perhaps many traders continue to anticipate for next week’s FOMC meeting that might stir up the markets, especially if there will be big headlines. In the…