Gold and silver didn’t do much on Monday and gold slightly declined, while silver rose again. Their small movement coincides with the developments in the forex markets as the US didn’t move much against leading currencies. In U.S, the core…
The prices of gold and silver changed direction and slipped on the first day of the week after they had spiked during the previous week. The recent fall in the prices of gold and silver coincided with the decline of…
The price of gold changed direction and fell on Tuesday after it had increased in the previous two business days. Conversely, the price of silver remained nearly unchanged. In the U.S the retail sales report came out and showed a…
Gold and silver continued their rally from Friday and spiked on the first business day of the week. Their rally didn’t coincide with the developments in the forex markets as the US slightly strengthened against leading currencies such as Japanese…
The prices of silver and gold changed direction and bounced back from their two day fall. Their recent rally coincided with the recovery of leading currencies such as Euro and Japanese yen against the USD. In the U.S, jobless claims…
Gold and silver prices continued their fall and declined for the second consecutive day following their sharp rise on Monday. In Europe flash manufacturing PMI indexes rose during July: EU PMI rose to 50.4 (in June it was 48.7); Germany’s…
Following a slow week, the precious metals market reheated as both gold and silver spiked on the first business day of the week. Their rally wasn’t due to latest developments in the forex market although the US dollar did depreciate…
The financial markets didn’t experience high volatility during yesterday. Gold and silver markets also remained relatively poised as all eyes will be towards the upcoming testimony of Bernanke in the House. This testimony could have a strong effect on precious…
Precious metals prices rallied on Monday and thus continued their general upward trend from last week. In the U.S, retail sales slightly increased again by 0.6% during June. This news may have slightly contributed to the rally of U.S equity…
The prices of gold and silver rose again for the second consecutive day. Will this upward trend continue today? The minutes of the last FOMC meeting will come out and could stir up the precious metals markets if the minutes…