Crude oil continued to trade down for the second consecutive day, while precious metals changed direction and sharply increased during yesterday’s trading: silver added 4.5% to its value while gold only 0.76%. The Euro slightly appreciated again against the US…
In a recent review by Bloomberg, Barrick officials claim that gold producers’ stocks are due for a rally after they have been underperforming for years compared with the sharp gains in gold price. Is Barrick, the leading gold producer in…
Gold and silver prices slightly fell on Friday after they have risen very precipitately during most of the week. There are several updates regarding the Greek debt crisis including the German vote, ECB lending policy and more. Bloomberg reports gold…
Crude oil changed direction and after oil prices sharply rose during last week, this week started with oil prices declining; gold price also slipped, while silver slightly increased; natural gas future prices sharply rose yesterday. The Euro slightly depreciated again…
Following the sharp gains for gold and silver prices during January when gold price rose by 11% and silver by 19.15%, the situation in February was much different. Gold price increased by only 2.07% from the end of January; silver…
Gold and silver prices slightly fell on Friday after they have risen very precipitately during most of the week. Another G20 meeting was held yesterday. The leading economies tried to reach an agreement on a second rescue package worth $2…