Bernanke’s speech in Jackson Hole didn’t bring any major stir up in the financial markets, but there is still high uncertainty in the markets in regards to the future economic progress in the US and Europe. Hurricane Irene that hit…
Category: Silver
The fall and rise of gold & silver | weekly recap 22-26 August
Gold and silver prices changed direction and fell very sharply mainly on Tuesday and Wednesday; these falls were probably stem by the recent margin hike by CME for trading gold, and the change in direction of the anticipation of Bernanke…
Gold & silver ended the week on a positive note – August 26
Gold and silver prices continued their rally back from the free gall they had endured on Tuesday and Wednesday. Bernanke gave a speech in Jackson Hole about the short and long term economic outlook of US; he didn’t refer to…
Gold & Silver Prices – Daily Outlook August 26
Gold and silver prices inclined yesterday and gained back some of the losses they had endured in the past couple of days that were stem, in part, by the recent CME margin hike on gold trading. Currently, gold and silver…
Gold & silver bounced back from sharp falls –August 25
Gold and silver prices gained back yesterday some of their value after they had fallen very sharply the day before; crude oil prices continue to moderately change and slightly inclined; natural gas spot price (Henry Hub) changed direction and declined.…
Gold & Silver Prices – Daily Outlook August 25
Gold and silver prices sharply declined yesterday and thus erased all that they have gained in the past week and a half; CME raise margins again on gold trading by 27% – this news probably contributed to the falls in…
Gold & silver plummeted; erased all of last week’s gains –August 24
Gold and silver prices fell very sharply yesterday and thus erased all their gains from the past week and a half; these falls were the sharpest for gold price in 2011 and the steepest for silver price since May 5th…
Gold & Silver Prices – Daily Outlook August 24
Gold and silver prices fell for the first time in several days, while the S&P500 and other US stock markets sharply inclined yesterday. Currently, gold and silver prices are traded sharply down. Today, the US Report on core Durable Goods…
Gold and silver fell for first time in over a week –August 23
Gold and silver prices halted their rally and lost some ground yesterday after gold price inclined for six straight business days and silver price for seven; crude oil prices continued their recovery and rose yesterday; natural gas spot price (Henry…
Gold & Silver Prices – Daily Outlook August 23
The week may have started with gold and silver prices rising, but currently they have changed direction and are being traded down. Is this just a correction or a beginning of change in pace? Today, the US new homes sales…