The ongoing tumble in the price of gold in recent weeks has dragged along with it gold related investments such as gold producers stock and the SPDR Gold Shares (NYSEMKT: GLD). Will gold rally from its recent fall? Will gold…
Precious metals resumed their downward trend and fell during yesterday. The fall of gold and silver prices coincided with the drop of leading “risk related currencies” such as the Euro and Aussie dollar against the USD. In the equities markets…
The week started with little movement for both precious metals: the price of gold edged down while silver moderately increased. In the forex markets, the leading “risk related currencies” such as the Euro and Aussie dollar depreciated against the USD.…
Major commodities were traded in a mixed trend on the first business day of the week: Brent oil and WTI oil declined on Monday; natural gas Henry Hub future (short term delivery) slightly rose yesterday; silver rose while gold price…
Retails and foods services sales changed direction and slightly rose for the fifth time in six months; the index edged up during April 2013 by 0.1% compared with March’s sales and also remained above the sales at April 2012. The…
Gold and silver changed course and fell during last week. Will gold and silver bounce back this week? As I have pointed out in the latest precious metals weekly outlook, several reports, events and speeches will take place during the…