Gold and silver prices are currently traded with rises after they had (especially silver prices) a very bearish week. Will this shift in trend continue throughout the week? Let’s examine the precious metal market for the first day of the…
Category: Silver
Gold & Silver started May with sharp falls | 2-6 May
The rollercoaster that the financial markets were facing during last week took its toll on the commodities markets as well. During last week, silver price managed to shed off its value almost 28%; this is after during April is added…
Weekly outlook for May 9-13
Here is a weekly outlook for May 9th to 13th that highlights the main news items and reports related to US, Canada and China. (all times GMT): Monday 9th of May – People Bank of China’s report on New Loans:…
Silver prices finished the week at 35$ – May 6
The final day of this very exciting week ended with another decline for major commodities including silver, crude oil (WTI spot and Brent oil), and natural gas prices. Here is a summary of the changes in commodities and precious metals…
U.S Labor showed similar improvement as last month – May report 2011
The US’s employment report was published today, May 6th by the Bureau of Labor Statistics published about the April 2011. According to the recent report, the labor force rose at a similar pace as it did the preceding month, as…
Gold & Silver Prices Outlook – 6 May
Gold and silver prices fell very sharply yesterday as did the rest of the major commodities, probably due to the strengthening of the USD compared to major currencies; let’s see what is up a head in the precious metal market…
Oil prices crashed and burned yesterday – May 5
Yesterday, crude oil prices fell very sharply by the largest scale in over two years. Gold and silver prices continued their descent as well. There are several factors that might have contributed to this financial market shock and it’s probably…
The EURO/USD drops as ECB left interest rate unchanged
Despite the expectations that the European Central Bank will raise its interest rate, eventually the Interest rate of ECB remained unchanged at 1.25%. The financial markets reacted very promptly to the news and EURO/USD fell very rapidly. Furthermore, major commodities,…
Gold drops from 1500$ mark – Gold & Silver Prices Outlook, 5 May
Gold and silver prices continue to fall for the fourth straight day, today the falls are probably driven by the strengthening of the US dollar compared to major currencies; let’s see what is up a head in the precious metal…
Gold and silver prices outlook May 2011 – what’s next for gold & silver?
April was a very “uplifting” month for precious metals including gold and silver. Will the rapid increase in gold and silver prices during April 2011 continue in May? Let’s analyze the gold and silver market during April and try and…