The prices of gold and silver slightly declined along with other commodities prices such ad crude oil, stocks and the major risk currencies. This low volatility in the precious metals prices continued yesterday but may rise in the days to…
Gold and silver prices remained nearly unchanged on the first day of the week. The low volatility in the precious metals markets was also the case in other commodities, foreign exchange and stock markets. This low volatility is likely to…
Gold and silver prices increased during most of last week. Will the recent rally of precious metals prices continue this week? As I have stated in the precious metals weekly outlook, there are several events and reports that may influence…
Gold and silver continue seek direction as both metals changed direction and declined yesterday. Precious metals’ fall coincided with the decline in other related markets such as crude oil and stocks. Bernanke’s speech referred to the importance of Congress to…
Gold and silver changed direction again and sharply increased yesterday. Precious metals’ rally coincided with the rise in other related markets such as oil, stocks, and Euro. The renewed optimizing regarding the progress of Congress in dealing with the fiscal…
Gold and silver changed direction again and slightly declined during last week. Despite the sharp shifts in the prices of gold and silver in recent weeks, they have moved with an unclear trend. Will gold and silver bounce back this…
Gold and silver remained virtually unchanged on the first day of the week as the Euro, Yen and other currencies remained unchanged yesterday. Yesterday’s Euro-group meeting was concluded with little headway as the EU ministers of finance approved Greece’s budget…
Gold and silver changed direction and rallied during last week. Will precious metals continue to rise during this week? As I have pointed out in the precious metals weekly outlook, there are several events and reports that could affect the…
The prices of gold and silver changed direction again and bounced back on Thursday along with other commodities prices including crude oil and natural gas. Yesterday, U.S jobless claims update came out: number of jobless claims declined by 8k to…
The prices of gold and silver changed direction and declined on Wednesday along with other assets including crude oil, natural gas and stock markets. The hype over the elections of the incumbent President Obama for a second term didn’t last…