Following the sharp drop in prices of bullion on Monday and Tuesday, precious metals changes direction and bounced back yesterday. Their rally was accompanied with the rise of the Euro against the USD. In Europe, ECB didn’t change policy and…
The bullion market has cooled down as gold and silver prices fell during most of September. The recent decision of the FOMC to keep QE3 program unchanged wasn’t enough to pull back up precious metals prices. The aftermath of the…
The prices gold and silver kicked off the month on a negative note as both precious metals tumbled down. This recent fall may have been related to the expiry of future contracts as more investors have exited the bullion market.…
Indian policymakers decided raising again imports tariff on gold and cutting silver imports tariff. This decision may affect the demand for gold and silver in India, which could also have some effect on the prices of precious metals. This isn’t…
The prices gold and silver moved in an unclear trend in the past week. This indecisiveness in the markets might be stemmed by the uncertainty regarding the FOMC’s next step and U.S policymakers’ inability to reach an agreement on budget…
Following the anticlimax from the FOMC’s meeting a couple of weeks back, the prices of gold and silver didn’t do much during last week. In the U.S, several reports came out and didn’t offer a clear picture regarding its: Jobless…
During last week, leading commodities prices mostly fell including natural gas, oil and silver; in the forex market, the USD appreciated against several risk currencies such as Aussie dollar and Canadian dollar. In the forthcoming week several reports and speeches…
Can someone say one more time tapering or Fed? The anticlimax from the FOMC’s meeting two weeks ago rendered the precious metals market moving in an unclear direction. The high expectations from the Fed to announce a shift in policy…
Gold and silver continue to zigzag and they bounced back yesterday from the recent fall. This recent descent of precious metals didn’t seem to stem from the news regarding the progress of the U.S economy: the final estimate of the…
The prices of precious metals have changed direction and rallied yesterday after they had declined for three consecutive business days. Their rally coincided with the rally of the Euro/USD and the drop of U.S stock markets. In the U.S, new…