Gold and silver resumed their downward trend and declined during last week. The discussions around the U.S multi-year budget in an attempt to avoid the fiscal cliff may have contributed to the sharp changes in the bullion market. Several U.S…
Gold and silver rose on the day the FOMC announced it will expand its QE3 program, but the next day tumbled down. This might suggest some bullion investors used this recent announcement of the FOMC to close their position on…
Precious metals prices moved with an unclear trend during the first two weeks of November, but by the end of the month silver rose while gold edged down. The recent decision of the EU leaders to approve the next Greek…
Today, the U.S. Census Bureau reported (opens pdf) on the changes in number of new homes sold in the U.S during October 2012: the number of new homes sales edged down compared with the number of new homes sold during September…
Gold and silver changed direction again and traded up during most of the week. The week was short on account of Thanksgiving. The low volatility in the precious metals market was characterized during most of the week until Friday. The…
Gold and silver prices changed direction and slipped during most of the week. The low volatility in the precious metals market returned after the elections and the uncertainty around the results of the elections may have contributed to the rise in…
During last week, major commodities prices zigzagged with high volatility; this includes oil, silver and gold. The U.S Presidential elections are over. In the 2008 elections the prices of commodities also shifted with high volatility during the week of the…
Precious metals rates changed direction again and rallied during most of the week. The U.S Presidential elections are over. The results of the elections may have contributed to the rise in gold and silver. In the 2008 elections the prices…
Precious metals rates resumed their downward trend during last week. Their sharpest decline came on Friday following the publication of the U.S non-farm payroll report, in which 171k jobs were added during October. This positive report slightly eased the concerns…
Precious metals rates slightly declined during last week. The FOMC meeting concluded, as expected, with no resolutions or any big headlines. Therefore, the FOMC statement didn’t have much of an impact on gold and silver prices. There were several reports…