Gold and silver prices changed direction and plummeted yesterday following Bernanke’s testimony; Crude oil also changed direction and ended yesterday’s trading in the green; natural gas prices also sharply rose on Wednesday. The Euro sharply depreciated against the US Dollar;…
Gold and silver prices changed direction and rose yesterday: silver, even more than gold, sharply increased by 4.5% and thus it completed an 8.4% rally in the past five business days. Will this silver rally continue? ECB will announce today…
Silver had a big day yesterday, February 28th as it sharply rose by 4.5% – the sharpest gain for silver since January 3rd when it added 5.94% to its value. But, unlike yesterday’s gain, the rise in silver back then…
Crude oil continued to trade down for the second consecutive day, while precious metals changed direction and sharply increased during yesterday’s trading: silver added 4.5% to its value while gold only 0.76%. The Euro slightly appreciated again against the US…
Gold and silver prices slightly fell on Friday after they have risen very precipitately during most of the week. There are several updates regarding the Greek debt crisis including the German vote, ECB lending policy and more. Bloomberg reports gold…
Crude oil changed direction and after oil prices sharply rose during last week, this week started with oil prices declining; gold price also slipped, while silver slightly increased; natural gas future prices sharply rose yesterday. The Euro slightly depreciated again…
Following the sharp gains for gold and silver prices during January when gold price rose by 11% and silver by 19.15%, the situation in February was much different. Gold price increased by only 2.07% from the end of January; silver…
Gold and silver prices slightly fell on Friday after they have risen very precipitately during most of the week. Another G20 meeting was held yesterday. The leading economies tried to reach an agreement on a second rescue package worth $2…
Here is a short overview of the recent changes in gold and silver prices during the week of February 20th to February 24th; this includes a short description of the developments in the markets that were related to the changes…
Gold and silver made a comeback as their prices sharply rose during most of last week, which was the best performing week for the bullion market during February. The news from the beginning of the week of EU ministers of…