Gold and silver changed direction and slipped yesterday after both precious metals had increased a day earlier. This unclear trend started last week. The low volatility of gold and silver might change and start to pick up if the upcoming…
The gold market hasn’t performed well during the year: The price of gold fell by more than 20%. This tumble has also adversely affected gold companies such as Barrick Gold (NYSE: ABX): Share of the company plummeted by more than…
Silver Wheaton Corp. (SLW) is slowly recovering: Shares of Silver Wheaton jumped by 17.6% during the month. In comparison, the price of silver rose by 1.6% during July, and iShares Silver Trust (SLV) rose by only 1.85%. Will Silver Wheaton…
Last week started with sharp gains for gold and silver, but this week started with very modest gains. In the coming days, however, the volatility might start to pick up, which could result in sharper movement in the prices of…
During last week, gold and silver traded up. Nonetheless, most of their gain came on Monday. During the rest of the week, both metals had an unclear trend. Their recent rally coincided with the ongoing depreciation of the US dollar…
Major energy commodities including oil, and natural gas fell during last week while precious metals rallied. Equities markets slightly pulled back, while in the forex markets the US dollar depreciated against leading currencies including Euro and Japanese yen. In the…