Gold and silver didn’t perform well again in the past week, and the recent NF payroll report provided additional thrust to bullion’s descent. U.S. treasury yields, which tend to have a negative relation with the prices of precious metals, started…
The U.S. NF payroll report presented higher growth in jobs than market expectations and a rise in wages. This news was enough to bring up the US dollar. Looking forward, the JOLTS report, the other labor market monthly update, will…
U.S. non farm payroll showed another strong result as 257K jobs were added in January, according to recent report of the Bureau of Labor Statistics. Market expectations and the ADP report were at 236K and 213K, respectively, for January. According…
Gold and silver took a tumble last week. The FOMC meeting didn’t have any big announcements but the bullion market reacted with a sharp fall in gold and silver the next day. On Friday, however, the GDP report was released…
The highly anticipated Greek elections will be held on Sunday and could set the pace for this week in the markets. In the U.S. several economic reports will be released including: first estimate of GDP for Q4, FOMC meeting statement,…
The recent announcement of SNB’s Thomas Jordan caused a lot of excitement in the markets – this includes gold and silver. Precious metals bounced back last week following this news. The ongoing recovery of gold and silver is mostly related…
The big news from SNB eclipsed all other news items from last week as the Swiss franc sharply rose against leading currencies including the Euro and U.S. dollar. This news may have also provided additional backwind for commodities such as…
Gold and silver kicked off the year on a positive note as both precious metals rallied during last week. The release of the minutes of the FOMC meeting from December didn’t seem to have a strong adverse impact on bullion…
U.S. employment rose, as expected, by 252K additional jobs, according to recent report of the Bureau of Labor Statistics. Market expectations and the ADP report were close to this figure – 241K jobs during December. According to the recent U.S.…
The prices of gold and silver took another tumble to end the year on a negative note. This week will the first full working week of 2015 that is likely to see a rise in volatility. This week the main…