The prices of silver and gold remained virtually unchanged yesterday as both metals inched up. Their modest rally coincided with the rise of “risk currencies” such as Euro and Aussie dollar against the USD. Will gold and silver continue to…
The prices of silver and gold continued their downward trend from last week and sharply fell on the first day of the week. Their decline coincided with the depreciation of several leading currencies such as the yen and Aussie dollar…
The prices of silver and gold changed direction and slightly declined last week. The moderate fall of precious metals coincided with the sharp appreciation of the USD against several currencies mainly the Euro and Aussie dollar. The latest remarks made…
Gold price remained virtually unchanged as it inched down on a weekly scale. The price of silver declined. Their modest fall partly coincided with the depreciation of the Euro and Aussie dollar against the USD. ECB President Mario Draghi’s remarks…
The prices of gold and silver moved in an unclear trend as gold slightly rose while silver declined. This unclear trend was also recorded in the forex markets as the Euro depreciated against the USD while other risk related currencies…
The prices of gold and silver continued to rise last week. The rally of precious metals coincided with the appreciation of the USD against several currencies including the Euro and Canadian dollar, and the rise of other commodities such as…
Gold and silver continued to trade up last week; their rally coincided with the appreciation of the Euro and Canadian dollar again the USD and other commodities such as oil. The FOMC kept its policy unchanged. This news, however, seems…
The prices of precious metals changed course and tumbled down yesterday after they spiked on Wednesday. China’s manufacturing PMI (opens pdf) inched down to 50.4, which means the manufacturing sectors in China are expanding at a slower pace than in…
The prices of precious metals spiked yesterday along with other commodities and risk related currencies such the Euro and British Pound against USD. The unfavorable report regarding the contraction in the U.S economy – U.S GDP for Q4 declined by…
The prices of precious metals changed direction and bounced back yesterday. This rally coincided with the recent rally of risk related currencies such the Euro, Aussie dollar and Canadian dollar against USD. Today, the FOMC will conclude its two day…