Gold and silver prices bounced back from Wednesday’s tumble. The U.S unemployment claims edged up to 353k, which may have strengthened the US dollar during yesterday against many currencies. Currently gold and silver prices are slightly falling. Today Canada’s GDP…
Gold and silver prices changed direction and plummeted yesterday: silver, even more than gold, declined by 6.89%. The last time gold and silver declined so sharply and promptly was back on December 14th when the FOMC disappointed bullion traders as…
Gold and silver prices changed direction and plummeted yesterday following Bernanke’s testimony; Crude oil also changed direction and ended yesterday’s trading in the green; natural gas prices also sharply rose on Wednesday. The Euro sharply depreciated against the US Dollar;…
The bureau of economic analysis published yesterday its second estimate of the growth rate of the U.S. Gross Domestic Product during the fourth quarter of 2011. The report showed the US GDP rose by 3% in Q4 2011. According…
Gold and silver prices changed direction and rose yesterday: silver, even more than gold, sharply increased by 4.5% and thus it completed an 8.4% rally in the past five business days. Will this silver rally continue? ECB will announce today…
Silver had a big day yesterday, February 28th as it sharply rose by 4.5% – the sharpest gain for silver since January 3rd when it added 5.94% to its value. But, unlike yesterday’s gain, the rise in silver back then…