The bullion market has cooled down as gold and silver prices fell during most of September. The recent decision of the FOMC to keep QE3 program unchanged wasn’t enough to pull back up precious metals prices. The aftermath of the…
Can someone say one more time tapering or Fed? The anticlimax from the FOMC’s meeting two weeks ago rendered the precious metals market moving in an unclear direction. The high expectations from the Fed to announce a shift in policy…
The prices of gold and silver rallied during last week. The latest FOMC meeting ended with Bernanke keeping the monetary policy unchanged even though many had expected the Fed will start tapering its asset purchase program. As a result gold…
The high volatility of gold and silver prices during Thursday and Friday resulted in gold and silver only slightly rising during the week compared to last week’s prices: Gold rose by 1.85% and silver by 0.94%. The highly anticipated FOMC…
Gold and silver prices sharply rose yesterday following the decision of the FOMC ot keep its policy unchanged without tapering its asset purchase program. The progress of the U.S economy will continue to affect FOMC members and whether there will…
Despite the high expectations, the FOMC left its policy unchanged and didn’t decide to taper its asset purchase program at this point. This decision has had an immediate effect on the financial markets: Long term treasuries yields have dropped; the…
Following yesterday’s FOMC meeting, in which it was decided to maintain $85 billion a month asset purchase program. From the FOMC’s statement: “…the Committee decided to await more evidence that progress will be sustained before adjusting the pace of its…
The FOMC concluded its two day meeting with the decision to keep its $85 billion a month asset purchase program unchanged. This means, the FOMC won’t start tapering this month. This news is likely to pull down the USD and…
Gold and silver changed direction and after they had rallied on Monday, they pulled back down and fell on Tuesday. The FOMC meeting will end today, in which the FOMC will decide on any changes to its policy. If the…
The highly anticipated FOMC meeting will take place this week. The main issue that many expect is whether the FOMC will start tapering QE3 soon. Many expect the FOMC could start tapering by roughly $10 to $25 billion a month…