During last week gold and silver prices zigzagged during the week only the end it with gold slightly down and silver moderately up. There were many events that affected not only the bullion market, but also other commodities and the…
Last week gold and silver prices started off falling but by they have bounced back during the last few days . There were several reports and statements that helped rally the Euro. GB’s GDP contracted in the second quarter of…
Last week gold and silver prices resumed their downward trend and edged down during most of last week. Bernanke didn’t hint of stimulus plan in his testimonies at the Hill; he also didn’t offer any information about the future steps…
Last week gold and silver prices bounced back on the second week of July after they had declined during the first week of the month. The minutes of the FOMC meeting came out but didn’t show any hints of a…
Gold and silver prices changed direction again and declined on Tuesday after they had risen on Monday. The recent news of China’s decline in trade growth during June (as both imports and exports growth fell in June compared with May’s…
Gold and silver prices started off the week rising but will this rally continue today? Currently gold and silver are slightly falling. The recent news from China is that its demand for gold will only grow by 13% to 870…
Gold and silver prices resumed their downward trend and declined during yesterday’s trading. The disappointing U.S consumer confidence report didn’t seem to curb the decline in bullion rates but may have adversely affected energy commodities prices. Currently precious metals prices…
Precious metals market tumbled down during most of the month along with many other markets including other commodities, stocks and foreign exchange markets. Both gold and silver were headed for their worst performing month of the year. The current rates…
Gold and silver prices increased again on Friday, and also edged up during yesterday’s trading in Asia. Will this positive trend continue in today’s trading? Currently precious metals prices are rising. On today’s agenda: U.S consumer confidence report and Australia’s…
Gold and silver prices rose again on Friday, but will this rally continue this week? The main publications will be released later this week including the U.S GDP, manufacturing PMI and non-farm payroll reports. Currently precious metals prices are increasing.…