The stagnation in the bullion market was erupted this week as the prices of gold and silver mainly on Tuesday. Their recent fall coincided with the ongoing recovery of U.S equities markets. Even the negative news about the U.S GDP…
Gold and silver remained relatively flat during last week despite the appreciations of the U.S dollar against the Euro and Japanese yen. Will gold and silver start to show a shift in their flat line stance? For the week of…
This week several U.S related news items could stir up the markets again including: GDP for the first quarter of 2014, core durable goods, jobless claims, consumer confidence, and pending home sales. Canada’s current account and GDP by industry are…
Gold and silver kept their stagnation as prices didn’t move much on a weekly scale. The recent release of the minutes of the FOMC didn’t stir up the markets as FOMC members didn’t change by much their economic outlook or…
Gold and silver slightly rose last week but on a monthly scale they are still nearly flat lined. Even the forex market also showed signs of unclear trend and the U.S rallied against the Euro but fell against the yen…
Leading commodities prices including oil and gold rallied last week; in the forex market the USD rallied against the Euro but depreciated against the Japanese yen and Canadian dollar. For the week of May 19th to May 23rd, several reports,…
Gold and silver continued to flat line during last week as both precious metals ended up slightly higher than the previous week. In the U.S, several reports showed some mixed signs regarding its progress: jobless clams dropped again by 24k to…
Leading commodities markets cooled down in the past week as the prices of precious metals, natural gas and oil declined. This week, many news items of the agenda including: Janet Yellen’s speech, U.S retail sales, China’s industrial production, BOE’s Governor …
Gold and silver resumed their downward trend during last week. The recent testimony of FOMC Chair Yellen, in which she reiterated her view that the U.S economy is on the right track towards improvement, may have dragged down the prices…
Gold and silver slowly declined during last week only to bounce back on Friday soon after the U.S non-farm payroll report showed a 288k gain in jobs; the unemployment dropped to 6.3%. The FOMC decided earlier last week to taper…