The prices of gold and silver continued their upward trend during last week. Their rally coincided with the depreciation of the USD against the Euro and Japanese yen. The non-farm payroll report didn’t meet expectations with only 148k jobs added…
During the previous week, energy commodities prices fell including natural gas and oil. Conversely, gold and silver prices continued their upward trend. In the forex market, the USD appreciated against several currencies such as Aussie dollar and Canadian dollar, but…
The precious metals market reheated as the prices of gold and silver rallied again for the second consecutive week. Their recent rise coincided with the ongoing depreciation of the USD against the Euro and Japanese yen. The main news item…
Following Wednesday’s fall, gold and silver bounced back and increased on Thursday. In the past month both precious metals have changed direction directions several times but still managed to slightly rise on a monthly scale. Yesterday, U.S jobless claims report…
The drop in gold price in the past year has took its toll on gold producers such as Barrick Gold (NYSE: ABX) and Goldcorp (NYSE: GG). Both of these companies’ shares have tumbled down during 2013. Looking forward, however, these…
The prices of gold and silver rallied in the past couple of weeks to their highest levels in over a month. Are gold and silver on a verge of comeback? Will their rally continue in the coming months? Let’s analyze…
The rally of gold and silver prices reached a halt as both precious metals fell yesterday after they had rallied during the first two days of the week. Bank of Canada left its policy unchanged and kept the interest rate…
The gold and silver market continued to heat up and sharply increased yesterday. The recent non-farm payroll report didn’t meet expectations, which resulted in the depreciation of the USD against leading currencies and the recovery of gold and silver prices.…
The Bureau of Labor Statistics published its monthly report: Total U.S. employment increased at a lower than expected rate – based on the ADP report, private non-farm payroll increased by 166k during September: The recent U.S. employment report, which was…
The prices of gold and silver resumed their upward trend and rose again during yesterday’s trading. The gold market was very quiet on Monday as the volume of trade in the CME was the lowest since Christmas Day of 2012.…