The bullion market has changed direction and rallied on the first day of the week after gold and silver rate plummeted last week. Will gold and silver continue to rally? The minutes of the recent RBA monetary meeting came out…
Gold and silver prices tumbled down again during last week. Will gold and silver continue to trade down this week? As I have stated in the recent precious metals weekly outlook, several publications, events and speeches will take place during…
The week started with little movement for both precious metals: the price of gold edged down while silver moderately increased. In the forex markets, the leading “risk related currencies” such as the Euro and Aussie dollar depreciated against the USD.…
Gold and silver changed course and fell during last week. Will gold and silver bounce back this week? As I have pointed out in the latest precious metals weekly outlook, several reports, events and speeches will take place during the…
The prices of gold and silver eased down from their high volatility from the beginning of the week. Their prices moved in different directions: gold slightly rose while silver continued to decline. In the Forex market, the leading risk currencies…
The bullion market shifted direction again as both gold and silver resumed their downward trend that started last week. Both precious metals slightly declined yesterday along with other commodities such as oil and leading “risk related currencies” such as Euro…
Gold and silver bounced back from their tumble of the past couple of business days. This may have just been a correction to the sharp fall in their prices. Yesterday, the U.S CPI report was published: the U.S CPI fell…
The prices of silver and gold changed direction and fell on Thursday. The recent comments made by ECB President Draghi regarding the strength of the Euro raised the speculations that the ECB might cut its cash rate in the near…
The prices of gold and silver bounced back on Wednesday. Their rally didn’t coincide with the depreciation of the Euro and other risk related currencies against the USD. Will gold and silver continue to rise? Currently gold and silver prices…
The prices of gold and silver shifted again in an unclear trend yesterday: gold inched down while silver rose. This unclear trend was also recorded in the currencies markets as the Euro appreciated against the USD while some other currencies…