Gold and silver continued their descent during the previous week. The aftermath from the FOMC’s tapering decision one week earlier kept dragging down bullion prices. Moreover, the U.S dollar slightly appreciated against some leading currencies including Euro and Japanese yen.…
The prices of gold and silver tumbled down during last week, following the FOMC’s decision to taper again QE3 by another $10 billion to $55 billion. This was Janet Yellen’s first decision as Chair of the Federal Reserve. This decision…
The commodities markets mostly cooled down including natural gas and precious metal; in the forex market the Euro and Aussie dollar depreciated against the USD. This week several reports will be released and may affect commodities, equities and forex markets;…
Gold and silver changed direction and tumbled down during last week. The most notable event of last week was the decision of the newly appointed Chair of the Federal Reserve Janet Yellen to taper again the Fed’s QE3 program by…
As many had expected the FOMC decided to taper again its asset purchase program, AKA QE3, from $65 billion a month to $55 billion a month. This is the first major decision taken under new Chair Janet Yellen. This decision…
The prices of gold and silver bounced back during last week. The weakness in the equities markets and recent depreciation of the US dollar against the Japanese yen and Euro may have contributed to the rally of precious metals. The…
Leading energy commodities dropped, while precious metals rallied during the past week. The US dollar depreciated against leading currencies such as Euro and Japanese yen during last week. This week several reports, speeches and events will come to fruition including:…
Gold and silver continued to zigzag throughout last week, but their jump on Wednesday was enough to maintain their weekly prices elevated. The recent depreciation of the US dollar against leading currencies including Japanese yen and Euro may have contributed…
The prices of gold and silver moved in an unclear trend during last week. Their prices started off strong at the beginning of the week only to change course and plunge at the end of the week. Several U.S reports…
Gold and silver market moved in an unclear trend during last week. Their rally at the beginning of the week changed course and tumbled down at the end of the week following the U.S non-farm payroll report. The recent reports…