During last week, gold and silver prices slightly declined as the recent developments in Greece, Spain and Italy that included riots against austerity measures may have pulled down not only bullion rates but also the Euro. By the end of…
During last week, gold and silver prices remained nearly unchanged, despite the FOMC decision to commence with QE3. There were several reports that were published during last week that may have had a modest effect on the bullion market. These…
The prices gold and silver remained nearly unchanged for the fifth consecutive business day after they had increased precipitately during the first couple of weeks of September. The depreciation of the Euro along with other “risk currencies” may have curbed…
During last week, gold and silver prices increased, mainly on Thursday following the publication of the FOMC decision to commence with QE3 that will include the Fed buying mortgage backed securities at a pace of $40 billion per month. There…
During last week, gold and silver prices increased, mainly on Friday following the publication of the U.S labor report that showed a growth of only 96k in jobs. The upcoming FOMC meeting between September 12th and 13th will be the…
During last week, gold and silver prices rose, mainly on Friday following Bernanke’s speech at Jackson Hole. Despite the recent rally of bullion prices, I still think it’s too early to expect another QE program. There were several other reports…
During last week gold and silver prices hiked after they had remained nearly unchanged during the first couple of weeks of August. Â The renewed expectations that the Fed will issue another stimulus plan in the near future were ignited following…
During last week gold and silver prices didn’t do much as gold slipped while silver edged up. There were several reports that were published but none of them seem to have had a substantial impact on precious metals: the Philly…
Gold and silver prices bounced back on Friday following the disappointing U.S employment report that may have been among the key factors in dragging down the U.S stock market and oil prices, while pulling up bullion prices. The French elections…
Gold and silver prices sharply declined for the fourth consecutive business day. Yesterday both metals were traded down following the U.S jobless claims and sharply fell even below expectations. On the other hand the U.S non-manufacturing PMI dropped to 53.5.…