The recovery of precious metals came to halt last week as both gold and silver prices tumble down by around 2% and 5%, respectively. This week the main report of the week is the NF payroll report, which could impact…
The prices of gold and silver recovered again in the past week mainly by the end of the week following the recent decision from Beijing to slash the interest rate in order to deal with the economy’s sluggish growth rate…
The recent rally of gold and silver coincided with the pull back in U.S. dollar. The latest JOTLS report didn’t meet market expectations but was still very good overall after considering the headlines. This week, the main even will be…
Gold and silver bounced back on Friday following the release of the U.S. NF payroll report, which was slightly below expectations in terms of growth in number of jobs – 214K and not 230K as anticipated. Despite this rally, both…
The tumble in gold and silver came following the announcement of the FOMC to end QE3 and hawkish statement. The U.S. GDP for the third quarter also provided some backwind for the U.S. dollar and dragged down bullion prices. Finally,…
The price of silver fell again last week. Will silver bounce back? This week several reports will be published that could move silver including: U.S GDP for the second quarter, personal spending expenditures, non-farm payroll and the FOMC will update…
The prices of gold and silver changed course and after a two day fall, they have bounced back on Thursday. Their recent rally coincided with the sharp appreciation of leading currencies against the USD including Euro and Japanese yen. In…
The prices of gold and silver started off the week on a negative note and slipped on Tuesday. Moreover, the volume of trade also picked up after the markets were closed on Monday. Will gold and silver change direction again…
The prices of gold and silver changed course and slowly declined in the past couple of days. Their recent fall coincided with the depreciation of several leading currencies such as Euro and Aussie dollar against the US dollar. In the…
The prices of gold and silver rallied in the past three business days and slowly recovered from their sharp drop in the prices of precious metals during December. The low volatility is likely to continue in the coming days. On…