Gold and silver prices changed direction again and sharply declined along with the rest of the financial markets such as the crude oil market and the European and American stock markets. The ECB rate decision and the press conference that…
Major commodities changed direction and fell; this change came following the ECB press conference in which the interest rate was cut by 0.25 percent point and also the ECB President Mario Draghi didn’t promise any QE programs. This news pressured down…
Gold and silver prices continued to seek direction in the past few days as is the case for other commodities and forex markets. Today, European Central Bank will decide on its interest rates (update: ECB reduced the interest rate again…
Major commodities were traded yesterday with a mixed trend: Gold price bounced back and rose while silver price changed direction and slightly declined; crude oil prices also shifted from green to red as they have declined yesterday as well; natural…
As expected the European Central Bank lower again its basic interest rate by 0.25 percent points from 1.25% to 1.00%. This announcement clearly shows a paradigm shift in ECB’s way of thinking as the ECB seems more concerned and involved…
Gold and silver prices continued the week with moderate changes and no clear trend. All eyes are still towards the upcoming EU summit and tomorrow’s ECB rate decision. Today, Great Britain Manufacturing Production report will be published; Germany’s Industrial Production…