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 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…
The gold and silver market has cooled down last week: The price of gold fell by 5.61%; silver plummeted by 9.10%. In anticipation for next week’s FOMC meeting, the market may have adjusted to the possibility that the Fed won’t…
The price of gold slipped during the previous week by 0.69% while silver bounced back and rose by 1.59%. The market still waits for the FOMC’s next meeting, which will take place in less than two weeks. Even if the…
The prices of gold and silver didn’t do much during the past week: The price of gold inched up by 0.06%, while silver slipped by 1.1%. This brings the past three weeks’ rally of both gold and silver to a…
The prices of gold and silver continued their rally during last week. Despite the high expectations the publication of the minutes of the last FOMC meeting didn’t offer any additional information or insight behind the future steps of the Fed.…
The prices of gold and silver took a sharp turn last week and spiked. Last week’s performance was among the best in recent months. Surprisingly, the forex market wasn’t as volatile as the precious metals market was last week. Further,…
The movement of gold and silver remains unclear as both precious metals prices fell at the first half of the week only to bounce back and finish the week strong. The sharp depreciation of the US dollar against leading currencies…
Despite the many items that unfolded during the week, both gold and silver prices didn’t do much on a weekly scale. During the week the US dollar sharply appreciated against the several currencies including the Aussie dollar and Canadian dollar…