Gold and silver changed direction again and tumbled down along with other commodities such as oil and stock indexes. Further, this fall coincided with the deprecation of the Euro and other “risk currencies” against the USD. Today the FOMC meeting…
Gold and silver bounced back from their tumble during last week and started off the week rising. This rally coincided with the slow recovery of the Euro and other “risk currencies” against the USD. Today the FOMC meeting will start.…
Gold and silver declined during last week. Will precious metals continue their downward trend this week? As I have indicated in the precious metals weekly outlook, the main events of the week will revolve around the next FOMC meeting that…
The prices of gold and silver continued their downward trend direction and following yesterday’s tumble they have both returned to their pre-FOMC QE3 decision prices. The recent U.S retail sales report was better than many had anticipated as the retails…
Gold and silver, much like the Euro, changed direction and declined during last week. The ongoing speculations around the future steps of Spain in regards to its debt problems might reach a new climax this week in the upcoming EU…
Gold and silver were traded down again for the second consecutive business day. Other commodities prices, such as oil, and the Euro/USD also declined on the first day of the week. On the other hand, several “risk currencies” such as…
Gold and silver remained nearly unchanged last week, despite the sharp changes in other commodities markets, most notably the oil market, and the shifts in the foreign exchange markets. The recent non-farm payroll report, in which 114k jobs were added…
The prices gold and silver rose again for the second consecutive day. The rally was plausibly fueled by the recent appreciation of the Euro against the USD. The ECB left its interest rate unchanged at 0.75%. Mario Draghi stated (again)…
The prices gold and silver continue to shift with an unclear trend as both precious metals changed direction and edged up on Wednesday. Both precious metals have been zigzagging with unclear since September 13th, following the announcement of the Fed…
The prices gold and silver changed direction again, much like in the past couple of weeks, and declined. The prices of precious metals have shifted with an unclear trend in the past couple of weeks. The recent decision of the…