The gold and silver market has cooled down again during the past week as both precious metals prices took a nosedive. The highly anticipated publication of the minutes of the September FOMC meeting came out. The minutes revealed that most…
The recent speculations around the potential progress in finding ways to end the U.S government shutdown may have contributed to the sharp rally of U.S stock market, US dollar and several commodities such as oil. On the other hand, gold…
The highly anticipated minutes of the FOMC meeting came out yesterday, and as many had expected, the minutes revealed that the recent no-taper decision from the September FOMC meeting wasn’t a clear cut decision. Some members thought it’s high time…
The minutes of the recent FOMC meeting were came out today. The minutes revealed that several members thought it was high time to taper QE3 back in the September meeting. In the end, all members sans one decided to maintain…
The prices of gold and silver remained nearly flat yesterday after they had rallied on Monday. Their low volatility might be related to the U.S government shutdown, which may have reduced the volume of trade in the financial markets. Moreover,…
The gold and silver market continues to seek direction and much like last week, prices of precious metals have changed direction from Friday and bounced back. Their recent rally coincided with the recovery of the Euro against the USD. The…
The precious metals market has stabilized in the past couple of weeks after the September FOMC meeting. This week, however, the publication of the minutes of that FOMC meeting could reignite the gold and silver market. Furthermore, the recent U.S…
Last week, leading commodities including oil and silver rallied. Conversely, other commodities such as gold and natural gas declined. The uncertainty around the progress of the U.S economy as the government shutdown continues may keep commodities moving in different directions.…
Gold and silver prices didn’t do much during last week as the bullion market moved in an unclear trend throughout the week. The aftermath of the September FOMC meeting has left the bullion market weak with investors aren’t sure what’s…
The prices of gold and silver didn’t do much yesterday as they both changed direction again and slipped on Thursday. Nonetheless, throughout the week both precious metals moved in an unclear trend as they zigzagged from gains to losses on…