Gold and silver prices continue to seek direction and zigzagged throughout most of the week; eventually gold and silver prices slightly inclined on a weekly scales. The U.S. retails sales report that showed a rise in September may have helped…
Gold and silver prices continued to sharply fluctuate during the week with no clear direction even though silver price ended the week slightly above its price level on Monday, October 3rd, while gold price finished slightly below. The main events…
Gold and silver prices eased down and even slightly inclined on the closing week of September after they had endured one of their worst weeks (in regards to their performance) a week earlier. On the closing week of September the…
Bullion traders had to endure the worst week for gold and silver especially in the last couple of days of the week. The financial markets started the descent on Thursday as US stock markets sharply fell; US Dollar sharply appreciated…
Following the two day meeting of the Federal Open Market Committee, it was decided that there won’t be another quantitative easing plan for now that will expand the Fed’s balance sheet; it was decided that the Fed will purchase $400…
According to the recent U.S. Census Bureau report of the new residential construction statistics for August 2011 there was an increase in building permits, but there was a drop in housing starts. The seasonally adjusted annual rate of building permits…
Gold and silver prices changed directions several times throughout the week with no clear path. The sharp appreciation of the US dollar against major currencies including the Euro throughout most of the week may have pushed gold and silver prices…
Gold and silver prices shifted direction last week and fell for three straight days; this shift is after gold price rose for ten straight business days; silver price inclined for only four straight days, but during July 1st up to…
The real estate market in the US continues to show moderate growth, which could be early signals of a slow recovery in this market. According to the recent U.S. Census Bureau report regarding new residential construction statistics for June 2011:…
During this short week silver price managed to break a new record high as it passed by the end of the week the 46$ mark. Gold price also reached a new high as it passed the 1,500$ mark. There are…