The financial markets remain poised for the upcoming FOMC meeting, in which it will be decided whether the FOMC would announce of tapering QE3. The current expectations from analysts are that the Fed is likely to do so and start…
The precious metals market hasn’t moved in a clear direction during the past week; it seems the speculations around the upcoming FOMC meeting is keeping gold and silver investors trying to read the tea leaves. Some analysts speculate a decision…
The prices of gold and silver changed direction and sharply fell during last week. Despite their fall, during the week they have zigzagged with an unclear trend. During last week, several reports were released during the week that could influence…
The commodities markets shifted gear as energy commodities such as oil and natural gas rallied, while precious metals such as gold and silver tumbled down. The U.S reports that were published last week including GDP, NF payroll, manufacturing PMI, and…
The high volatility of gold and silver prices has returned last week. By the end, gold and silver have declined. Albeit these two precious metals have had an unclear trend: They moved from gains to losses almost on a daily…
The Bureau of Labor Statistics released its monthly report: Total U.S. employment improved as expected: According to the ADP report, private non-farm payroll rose by 215k during November: The recent U.S. employment report, which was published yesterday, December 7th, the…
Precious metals prices resumed their downward trend during November. The minutes of the penultimate FOMC meeting of the year revealed its members discussed the importance of conveying to the public that tapering QE3 (if and when it starts) won’t…
The prices of gold and silver remained nearly flat during most of the week; they only slightly rose on a weekly scale as the U.S holiday may have contributed to the low volatility in the markets. During last week it…
Last week’s slow pace in the financial markets won’t repeat next week, and many news items, decisions and reports will come to fruition. These include: U.S non-farm payroll report, ECB, RBA, BOC and BOE rate decisions, U.S, Canada, Australia and…
Last week wasn’t too interesting for the stocks, forex and commodities markets. The holiday in the U.S may have contributed to the slow paced movement in those markets. Gold and silver weren’t any different and both precious metals prices remained…