Precious metals much like many other commodities and currencies pairs haven’t done much yesterday as both gold and silver slightly declined. Other currencies including the Aussie dollar and Canadian dollar also slightly fell against the USD. Yesterday, U.S housing data…
In a recent interesting article in the Fool’s blog network the author tries to settle which precious metal, gold or silver, is a better investment and serves as a better hedge against inflation. But do these metals serve as a…
Gold and silver prices haven’t dome much in the past several days as precious metals traders are waiting for to see what the Fed will do next. Today the FOMC meeting will commence will conclude tomorrow with a statement and…
The prices of gold and silver haven’t done much during last week as they moved in an unclear trend. Next week, however, the precious metal market might stir up as the FOMC will convene and decide to any changes to…
During last week gold and silver moved in an unclear trend. Last week, Jobless claims slipped by 12k to reach 346k; U.S retail sales rose by 0.6%; PPI bounced back in May by 0.5%. These reports may have contributed to…
The prices of crude oil (WTI and Brent) didn’t do much during last week: WTI rose by 1.9%; Brent oil slipped by 0.26%. As a result, the difference between the Brent oil and WTI sharply contracted; the difference between Brent…