The sharp fall in the price of gold in recent days took by surprise many investors and analysts. I’ll admit that the plunge in prices of precious metals was surprising, and I didn’t think gold will fall so promptly. Nonetheless,…
The gold market continues to cool down. The recovery of the U.S stock market is pulling investors out of safe haven investments and into the stock market. The leading gold producers are the first to suffer from this shift in…
The U.S. employment rose by a lower than many had anticipated – based on ADP estimate, the non-farm payroll rose by 158k during March: According to the recent U.S. employment report, which was published today, April 5th by the Bureau…
The gold market has cooled down in the past year and half. The belief that gold will always go up persists. Does it still worth investing in gold? Is it still a good investment? Let’s see if it’s time to…
Gold and silver didn’t do much again during last week as gold slightly rose while silver edged down on a weekly scale. Their price volatility remained low despite sharp movement in the foreign exchange markets during last week. In the…
Gold and silver slightly rose during most of last week. Their price volatility was very low despite all the major reports and decisions that were made during last week. ECB left the Euro cash rate unchanged. This news may have…
The U.S. employment increased by higher than many had anticipated – based on ADP estimate, the non-farm payroll rose by 198k during February: according to the recent U.S. employment report, which was published today, March 8th by the Bureau of…
The prices of gold and silver started off the week rising only to change direction and fall coming Tuesday. In his recent testimony at the Hill, Bernanke remained dovish about the monetary policy of the Fed and kept defending it…
Shares of Barrick Gold Corporation (NYSE: ABX) continued their downward trend from 2012 and lost almost 12% of their value in 2013 (year-to-date). Barrick along with Goldcorp Inc. (NYSE: GG) have decided to report the full costs of their productions…
The prices of precious metals continued their downward trend and plummeted during last week mainly on Wednesday. The speculations around the future steps of the FOMC with respect to its monetary policy including the QE3 program time-frame may have contributed to the…