Following the latest FOMC meeting, in which no big surprises or changes were made, The market remains clam and all eyes continue to focus on Europe. Will the volatility of precious metals prices remain low today as it did yesterday On…
The prices of gold and silver resumed their moderate movement as both precious metals remained nearly unchanged yesterday. The recent update related to Cyprus is that its parliament rejected the despite levy; this rejections blows the EU bailout plan. The…
The prices of gold and silver rose during yesterday. Their rally may have stemmed from the recent developments related to Cyprus bailout plan that may have also adversely affected the Euro and other risk related currencies. This development may have…
The price of gold slightly rose during last week. On the other hand, the price of silver inched down. The publication of several U.S reports including: the retail sales monthly report, jobless claims weekly update, the PPI and CPI monthly…
Gold and silver didn’t do much during last week. Their price volatility also remained low. Several reports came out during last week: retail sales rose by 1.1% in February; jobless claims declined again by 10k to reach 332k; the PPI…
The prices of gold and silver changed course and slightly declined on Wednesday. Their decline coincided with the drop of leading currencies against USD such as Euro and Aussie dollar. The U.S retail sales report, which was published yesterday, showed…
The rates of silver and gold sharply increased on Tuesday. Their recovery coincided with the drop in long term treasuries yields: the 10 year U.S treasuries securities fell to 2.03%. Will gold and silver rally further? Currently gold and silver…
The prices of silver and gold moderately increased yesterday. Their modest rally coincided with the rise in major risk related currencies against the USD including Euro and Aussie dollar. Will gold and silver continue to slowly rise? Currently precious metals…
The prices of silver and gold slightly rose during last week. The main financial events last week including: the ECB press conference, in which ECB President Mario Draghi maintained his optimism regarding the progress of the EU, and the sharp…
Gold and silver changed course and slightly increased during last week. Their modest rally coincided with the rally of other commodities and stock markets and despite the moderate depreciation of leading currencies against the USD. Last week, ECB left the…