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…
The prices of oil (WTI and Brent) fell again during the past week: WTI slipped by 1.72%; Brent oil, by 0.54%. As a result, the gap of Brent oil over WTI slightly widen: The premium ranged between $4.57 and $6.18.…
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…