Gold and silver ended the week with moderate gains and thus continued their January rally. Will this rally continue today? Currently, gold and silver are rising. In the meantime, speculators continue to raise their bet on precious metals the most…
Here is a weekly recap for gold and silver prices for the week of January 16th to January 20th that includes a description of the recent developments of gold and silver prices via chart analysis and highlights of the main…
Gold and silver prices changed direction and after they had risen for two consecutive days, they have moderately decreased in yesterday’s trading. Other commodities also traded down including crude oil (WTI). Yesterday the U.S. initial jobless claims sharply fell by…
Gold and silver prices continued their upward trend as they have ended yesterday’s trading with gains. France and Spain will commence their long term bond sales in an attempt to raise as much as €9.5 billion and €4.5 billion worth…
Gold and silver prices continue their rally and sharply rose in Tuesday’s trading. France’s debt auction seems to proceed well as the borrowing costs fell. Currently, gold and silver are traded down. Today, U.S. PPI will be published, the U.S.…
Gold and silver prices continue their upward trend of recent weeks despite their decline on Friday’s trading. Following the recent downgrade of France and eight other EU countries by the credit rating Standard & Poor’s, yesterday the American rating agency…
Gold and silver prices ended the week falling but during most of January they have had an upward trend. The recent downgrade of France’s credit rating from AAA to AA+ by the credit rating Standard & Poor’s may have been…
Gold and silver prices continued their upward trend of the past couple of weeks. Yesterday the ECB decided to keep interest rates unchanged which in turn may have helped keep the Euro strong against the US dollar. . But in today’s…
Gold and silver prices rose again in yesterday’s trading despite the drop in the other commodities prices such as oil prices and the depreciation of the Euro and Australian dollar against the US dollar. Today there is the ECB rate…
Gold and silver prices continue to rise along with the rest of the other commodities prices including crude oil prices. The Australian dollar appreciated against the US dollar. This rally in the Forex market may have also helped push up…