The gold and silver market heated up last week after they didn’t do much in the previous week. The minutes of the FOMC meeting may have partly contributed to the rally of precious metals by the end of last week:…
The prices of oil and natural gas took a noise dive last week, while precious metals rallied mainly by the end of the week. On this week’s agenda: Yellen testifies, Philly Fed index, U.S PPI, China’s GDP for the second…
Precious metals heated up during the past week after gold and silver remained nearly unchanged in the previous week. The release of the minutes of the FOMC meeting may have partly contributed to the recent recovery of bullion prices: The…
Precious metals didn’t do much last week and their rally of the past several weeks seems to have reached an impasse. Yellen’s speech at the IMF had a dovish tone as she restated a rate isn’t likely to occur anytime…
The financial markets cooled down last week as oil prices declined and natural gas and precious metals remained nearly unchanged. This week, several economic reports will be released including minutes of the recent FOMC meeting, JOLTS, and jobless claims. In…
The silver market cooled down in the past couple of weeks as the price of silver remained at $21. But this month, the minutes of the last FOMC meeting and the next meeting could stir up the bullion market. During…
The prices of gold and silver remained stable for the second consecutive week. This time, their modest rally at the beginning of the week came to a halt on Thursday following the release of the NF payroll report, in which…
The gold and silver markets have made their biggest comeback since February of this year. Their rally may have stemmed by the escalations in Iraq and the latest FOMC meeting. But this rally didn’t lead to a sharp rise in…
In the recent Bureau of Labor Statistics monthly update, total U.S. employment increased 288K – slightly above market expectations. The ADP report showed that private non-farm payroll grew by 281K during June. According to the recent U.S. employment report, the…
The price of silver rallied by over 13% during June and it’s up by 9% since the beginning of year. The recovery of silver provided some backwind support to silver related investments including Silver Wheaton (NYSE: SLW). Shares of this…