Gold and silver continued to trade down during last week. Their sharp fall coincided with the depreciation of leading “risk related currencies” such as Euro and Aussie dollar against the USD. Moreover, the ongoing rally of U.S equity markets is…
The prices of gold and silver fell again yesterday. For gold this was the sixth consecutive business day in which it has declined. For silver it was the third straight day. Their decline coincided with the devaluation of the Euro…
Gold and silver tumbled down again during yesterday. Their plunge coincided with the devaluation of the Euro against the USD. Moreover, the ongoing recovery of the equities markets as seen with the rally of the S&P500 index and other indexes may…
Precious metals resumed their downward trend and fell during yesterday. The fall of gold and silver prices coincided with the drop of leading “risk related currencies” such as the Euro and Aussie dollar against the USD. In the equities markets…
Gold and silver changed direction and fell during last week. Their tumble coincided with the fall of other commodities such as oil, natural gas and leading “risk related currencies” such as Euro and Aussie dollar against the USD. Last week,…
Gold and silver prices continued to seek direction as they fell during yesterday. Moreover, leading currencies such as the Euro, Japanese yen and Aussie dollar fell against the USD yesterday. In the U.S, jobless claims slipped by 4k to reach…
The precious metals market continues to seek direction: yesterday both gold and silver changed course again and this time rallied. In the past several business days precious metals prices moved in an unclear trend even though in the past several…
Gold and silver changed direction and declined on the second day of the week. Moreover, other commodities such as crude oil and natural gas also fell yesterday. The main event from yesterday was the decision of the Reserve Bank of…
Gold and silver didn’t do much yesterday as the price of gold slightly rose while silver moderately declined. Moreover, in the forex and equity markets the volatility was also low. In the recent precious metals weekly outlook I have pointed…
Gold and silver continued to trade up during last week. Will precious metals continue to rally this week? As I have stated in the recent precious metals weekly outlook, several publications, events and speeches will take place during this week…