The prices of gold and silver fell during last week. As the year is winding down and the concerns revolving the fiscal cliff might result in a rise in the volatility of precious metals. Furthermore, in the past couple of…
The prices of gold and silver continued their downward trend throughout most of last week. The concerns regarding the fiscal cliff is among the reasons the FOMC decided to expand QE3 by purchasing long term treasuries securities at a pace…
The prices of gold and silver slightly declined during last week. The volatility of precious metals has subsided during last week but might pick up in this week as the last FOMC meeting for the year will be held during…
The prices of gold and silver changed direction and declined during most of last week. The high volatility of precious metals during most of last week might continue in this week on account of the many items and events that…
The prices of gold and silver rallied during last week after they had declined during the previous week. The high volatility of precious metals returned during most of the week. Will this high volatility and upward trend continue on the…
The prices of gold and silver changed direction again last week and edged down. Moreover, the high volatility of precious metals from the beginning of the month has eased down during last week. Will this low volatility continue during this…
The prices of gold and silver changed direction last week and rose. Will this rally continue this week? The U.S Presidential elections are over. The results of the elections may have contributed to the recovery of bullion rates. Back in…
The prices of gold and silver continued last week their downward trend. Will this downward trend progress this week? The U.S manufacturing PMI edged up during October to reach 51.7%; jobless claims decreased by 9k to reach 363k. These reports…
The recent FOMC meeting didn’t seem to affect much the prices of gold and silver during last week, as the FOMC left its monetary policy unchanged. On a weekly scale, both gold and silver edged down. Several U.S reports may…
During the previous week, gold and silver prices decreased. Last week’s EU Summit didn’t ease the concerns of traders as Spain didn’t request a bailout. Several U.S reports may have contributed to the decline in gold and silver prices: the…