Precious metals resumed their slow descent during the week after they had rallied in the previous week. Despite the hopes of many that Bernanke will hint of stimulus plan in the near future, he didn’t comply and in his testimonies…
Precious metals took another dive during the first week of July. This fall coincided with the decline in many other financial markets such as oil, U.S stocks etc. The two main events of the week that contributed to fall of…
Precious metals prices started off the week with an unclear trend and coming Thursday they have plunged along with the rest of the market. The main news of the week came on Friday and was the conclusion of the EU…
Precious metals prices took a dive on Thursday and thus erased their gains from the first weeks of June. The FOMC decision to extend operation twist throughout the rest of the year by another $267 billion wasn’t what many bullion…
Precious metals prices have had an upward trend during last week. Gold rose every day of the week; silver increased every day as well except on Thursday. The speculation continues to run high about the possibility of the Fed introducing…
Precious metals prices took a sharp turn on Friday and recorded their largest single day gain in a while. Gold rose by 3.7% – the last time the price of gold increased by such a rate was back in August…
Precious metals prices declined again during the first part of the week only to trade up during the second part of the week. In Europe the conditions haven’t changed as the speculation around Grexit is still on. I have reviewed…
The precious metals market continued to show weakness all through last week as both gold and silver sharply fell. During the month so far gold has shed 4.82% off its value and silver tumbled down by 6.85%. At the current…