Gold and silver prices shifted to red again yesterday after they had regained some value a day earlier. Currently, gold and silver prices are traded up. The German Parliament approved the expansion of the European bailout fund that could ease the…
Gold and silver prices bounced back yesterday and sharply inclined after they had fallen in the past three business days. Currently, gold and silver prices are traded down. The speculation around the upcoming speech of Bernanke may affect trading throughout…
Gold and silver prices declined yesterday mainly over the CME margin requirements hike on gold and silver contracts, but currently they already bounce back and incline. The speculation around a bailout plan of the European bailout plan by European policy…
Gold and silver prices sharply fell in the last couple of days of last week; currently they are traded slightly down. The recent CME announcement to raise margin requirements on gold and silver contracts is likely to be among the…
Following the sharp falls in the precious metals prices, there was another news item that helped gold and silver prices to fall the flight of stairs: the CME (Chicago Mercantile Exchange) announced it will raise margins on gold and silver…
Gold and silver prices took a real hit to the chin yesterday as they have plummeted to their monthly low. On the other hand most of major commodities have also suffered sharp falls yesterday. It’s hard to attribute all of…
The FOMC decision to purchase $400 billion LT securities is likely to continue affecting in small doses the financial markets throughout June 2012 when the program will end. But currently the financial markets don’t seem to be pleased with this…
Gold and silver prices continue to zigzag as they have bounced back yesterday from Monday’s falls. During September gold price changed direction eleven times (on a daily scale) out of the past 13 business days. The FOMC meeting started yesterday…
Gold and silver prices sharply fell yesterday after they had inclined on Friday. The recent news from the European debt crisis comes from Italy, as S&P downgraded Italy’s credit rating from +A to A. Furthermore, the IMF lowered global economic…
Major stock markets around the world including S&P500, NASDAQ and Hang Seng recorded sharp falls in their indexes, while the US dollar appreciated very sharply against major currencies; what about gold and silver prices? They fell yesterday as well. What…