Gold and silver were traded down again on Friday and thus completed a negative performing week. Will this downward trend continue this week? There are reports that following the sharp drop in gold and silver prices, the bets on rising…
The FOMC pledged a couple of months back to keep the currently low interest rates at least until late 2014. Will the Fed keep its pledge at all cost? What might trigger the Fed to flip-flop on its pledge and…
Here is a short overview of the recent developments in gold and silver prices during the week of March 12th to March 16th and an outlook for the upcoming week of March 19th to March 23rd; this includes a short…
The main even from last week that may have affected not only the strength of the U.S dollar but also affected commodities prices mainly gold and silver prices was the FOMC meeting. Bernanke’s speech the following day may have also…
Crude oil prices are still high but didn’t do much during March as WTI oil price remained flat from the beginning of the month and Brent oil rose by 2%. Furthermore, during last week Brent oil edged up 0.45% and…
Gold and silver prices resumed their downward trend they have had during most of the month. Their sharpest drop came on Wednesday when gold and silver prices precipitately declined by 3.03% and 4.17% respectively. This decline came a day after…