Gold and silver prices changed directions throughout the week with no clear trend, resulting in gold price and silver price ending the week slightly below their starting point. On the other hand, gold and silver average weekly prices were higher…
The financial community seems to have calmed down in regards to the situation in Europe in particular vis-à-vis Greece and Italy; major commodities prices continued to rally and sharply rose on the last day of the week along with rally…
Gold and silver prices declined again yesterday for the second straight day following the ongoing development from Europe that produce news on an hourly basis. Currently gold and silver prices are traded with moderate change. Today, China’s new loans report…
With all the news items pouring in from Europe regarding the political changes in Greece and Italy, the financial markets were unstable and shifted directions throughout the day; by the end of the business day: gold and silver prices decline,…
Following the news from Italy that Silvio Berlusconi will step down from the position of Prime Minster the stability of Italy’s financials became unstable with sharp rises to Italy’s long term yields; ECB’s announcement to purchase Italian bonds helped stable the markets…
Gold and silver prices changed direction and the concerns of the European debt crisis including the news from Italy and Greece (see below) may have caused the sharp fall for the Euro that may have also affected gold and silver prices…