Gold and silver edged up on the last day of the week; on a weekly scale both precious metals also increased. As I have pointed out in the gold and silver weekly outlook the main events of the week will…
Precious metals prices continued to present an unclear trend during most of the month. The fall and rise of Euro/USD coincided with the movement of precious metals prices. Will this unclear trend continue in August? The main events of the…
Last week gold and silver prices started off falling but by they have bounced back during the last few days . There were several reports and statements that helped rally the Euro. GB’s GDP contracted in the second quarter of…
Crude oil prices started off the week with a sharp tumble but throughout the rest of the week both Brent and WTI recovered. The news of the decline in new home sales and pending home sales didn’t seem to affect…
During last week the Euro and commodities prices started off falling but by the second part of the week they have changed direction and rallied. The pledge of ECB President to preserve the Euro did the trick. Now it will…
Precious metals started off the week in the same direction from the previous week – trading down. This direction changed coming Wednesday when both metals along with other commodities rates and “risk currencies” rose. The news of the contraction of…