The rates of precious metals rallied yesterday after their moderate decline a day earlier. This unclear trend may have been stem from the FOMC’s decision to keep policy and outlook unchanged on the one hand and the recent developments in…
Following the latest FOMC meeting, in which no big surprises or changes were made, The market remains clam and all eyes continue to focus on Europe. Will the volatility of precious metals prices remain low today as it did yesterday On…
The prices of gold and silver resumed their moderate movement as both precious metals remained nearly unchanged yesterday. The recent update related to Cyprus is that its parliament rejected the despite levy; this rejections blows the EU bailout plan. The…
The prices of gold and silver rose during yesterday. Their rally may have stemmed from the recent developments related to Cyprus bailout plan that may have also adversely affected the Euro and other risk related currencies. This development may have…
The price of gold slightly rose during last week. On the other hand, the price of silver inched down. The publication of several U.S reports including: the retail sales monthly report, jobless claims weekly update, the PPI and CPI monthly…
The prices of gold and silver changed course and slightly declined on Wednesday. Their decline coincided with the drop of leading currencies against USD such as Euro and Aussie dollar. The U.S retail sales report, which was published yesterday, showed…
The rates of silver and gold sharply increased on Tuesday. Their recovery coincided with the drop in long term treasuries yields: the 10 year U.S treasuries securities fell to 2.03%. Will gold and silver rally further? Currently gold and silver…
The prices of silver and gold moderately increased yesterday. Their modest rally coincided with the rise in major risk related currencies against the USD including Euro and Aussie dollar. Will gold and silver continue to slowly rise? Currently precious metals…
The prices of silver and gold slightly rose during last week. The main financial events last week including: the ECB press conference, in which ECB President Mario Draghi maintained his optimism regarding the progress of the EU, and the sharp…
The prices of gold and silver remained virtually unchanged again. The recent decision of ECB to keep its rate unchanged may have contributed to the sharp gain in the Euro against leading currencies including the USD. Other leading risk currencies…