Last week’s slow pace in the financial markets due to the holiday season won’t resemble this week’s pace. This upcoming week will be packed with many news items, decisions, reports and events that could stir up the financial markets again.…
The gold and silver market moved in an unclear direction during the week. Nonetheless, their prices ended the week higher than last week’s on account of their sharp rise on Thursday. Despite the holiday season, several U.S reports were released:…
The last FOMC meeting of the year ended with a mini-taper of $10 billion so that quantitative easing 3 will continue to purchase $75 billion a month of LTS and MBS. This decision may have had a moderate adverse effect…
The prices of gold and silver changed direction and rallied during last week. The low volume of trade kept the prices of gold and silver with little movement. On a weekly scale, however, both precious metals have rallied. The price…
The holiday season will continue next week, which means only a few reports will be released during the week. Nonetheless, the forex and commodities markets could demonstrate high volatility due to the low volume of trade. This week several reports…
The gold and silver market remained relatively numb during the penultimate week of the year. The low volume of trade kept the prices of gold and silver with little movement. On a weekly scale, however, both precious metals have rallied.…
The prices of gold and silver resumed their downward trend during last week. The FOMC’s decision to taper QE3 by $10 billion to $75 billion crowded out the other headlines from the FOMC press conference including the talks about keeping…
During last week, the markets moved in high gear as the anticipated FOMC meeting concluded with a mini-tapering of $10 billion so that next month’s QE3 will only be of $75 billion LTS and MBS. Moreover, the FOMC also assured…
During last week many headlines were published and could have had a strong effect on the direction of gold and silver. In particular, the latest FOMC decision in which the Fed decided to start tapering QE3 from January by $10…
The prices of gold and silver moved in an unclear trend during the past week; the speculations around this week’s FOMC meeting keep the bullion market with high uncertainty. Some analysts guess tapering will be announced in next FOMC meeting:…