The precious metals market continued to cool down as the prices of gold and silver fell down again for during yesterday’s trading. The recent economic reports from the U.S showed a mixed message regarding the progress of the U.S economy.…
Both gold and silver resumed their downward trend and tumbled down yesterday. Moreover, the volume of trade has also sharply picked up, which may have stemmed by the publication of several U.S reports, most notably the minutes of the FOMC…
The prices of gold and silver didn’t’ do much yesterday and their price volatility remain low. This all could change today and tomorrow and the FOMC will release the minutes of its last meeting. This report could offer some information…
The prices of gold and silver resumed their downward trend and as prices fell on Monday. Their recent fall came despite the little movement recorded in the forex market. Moreover, the USD continues to slowly depreciate against the Euro, yen…
Following the sharp fall in the past several days, the prices of gold and silver recovered yesterday from their downward trend and sharply rose. Their recent recovery may have partly been related to Bernanke’s speech about the Fed’s future policy…
The prices of gold and silver declined again for the fifth consecutive business day. Nonetheless, the weak precious metals prices haven’t coincided with the appreciation of major currencies such as Euro, Japanese yen, and Aussie dollar against the USD. In…
The gold and silver continued their downward trend and declined for the fourth consecutive business day. Their recent fall coincided with the ongoing depreciation of certain currencies such as Japanese yen, Aussie dollar and Canadian dollar against the USD. The…
The gold and silver started off the week on a negative note as both precious metals prices resumed their downward trend from last week. Their recent fall, however, didn’t coincide with the appreciation of the Euro against the USD. The…
The prices gold and silver changed direction again and slipped on Thursday. Their recent fall coincided with the depreciation of the Euro against the USD. The decision of ECB to cut down the cash rate to 0.25% – its lowest…
The gold and silver market remained nearly flat again as gold and silver prices slightly rose after they had declined a day earlier. But today and tomorrow precious metals and forex market could start to pick up especially if the…