The prices of gold and silver remained nearly unchanged on a weekly scale. The optimism in the precious metals markets following the recent decision of U.S policymakers to raise taxes and averting the “fiscal cliff” didn’t last long. The prices…
The prices of gold and silver changed direction and tumbled down on Thursday. The recent release of the minutes of the FOMC meeting may have contributed to the tumble in precious metals prices. Moreover, the expectations that the upcoming U.S…
The prices of gold and silver continued their upward trend on Wednesday. This rally coincided with the rise in other financial markets including other commodities such as crude oil and U.S stock markets. This rise was mostly attributed to the…
The prices of gold and silver rallied on Monday. Will this rally continue? The recent news from the U.S is that the fiscal cliff was averted. This news received the final confirmation as Congress approved the plan to increase taxes…
Gold and silver edged down again during last week. Unless there will be a last minute development, the U.S economy will jump over the “fiscal cliff”. These budget talks aren’t likely to end in 2012 as U.S policymakers could still…
Gold and silver bounced back and slightly increased yesterday after they had declined during most of the days in the past couple of weeks. The recent U.S jobless claims report showed a drop of 12k in jobless claims to reach…
Gold and silver continued to slowly change during recent days. The recent attempts of President Obama to reach an agreement with Congress regarding to avoid the fiscal cliff didn’t seem to impress investors of bullion up to now. Will gold…
Gold and silver remained virtually unchanged in the Asian markets during yesterday and only slightly declined. As the year is coming closer to its end, the U.S is getting closer reaching the fiscal cliff. The talks on the Hill regarding…
Gold and silver sharply fell again during most of last week. As the year is winding down and the U.S is getting closer to the fiscal cliff, the debates during this week between the White House and Congress could contribute…
The prices of gold and silver remained virtually unchanged on Monday. The low volatility was also in other commodities and forex markets. There seems to be some progress in the talks between President Obama and House Speaker Boehner in tackling…