Gold and silver prices changed direction again and edged down on the last day of the month. The U.S GDP for Q1 2012 was revised down to 1.9%; U.S jobless claims rose last week. On today’s agenda: GB Manufacturing PMI,…
Gold and silver prices changed direction and bounced back during yesterday’s trading. On the other hand many other commodities such as crude oil and currencies including Euro and Aussie dollar tumbled down. The European debt crisis continues to weaken the…
Gold and silver prices continued their descent during yesterday. As a result of yesterday’s fall gold reached its lowest level since December 2011l. The price of silver is the lowest since January 9th 2012. There still growing concerns that the…
Gold and silver prices tumbled down during yesterday’s trading. This fall didn’t come after a fundamental change but rather on account of the recent developments in Europe, in particular the aftermath of the recent elections in France and Greece. This…
Gold and silver prices resumed their downward trend on Monday as they have declined in the past five out of sic business days. The results in the French and Greek elections may have had a slight negative effect on the…
Gold and silver prices decreased for the third consecutive business day. The recent news from Europe of the unemployment rising to 10.9% didn’t help the Euro. Today’s ECB rate decision might play a role in the foreign exchange and commodities…
Gold and silver prices ended on Friday with little movement, and this might continue during today’s trading. Currently gold and silver prices are slightly falling. On today’s agenda: China and EU flash manufacturing PMI. Here is a short outlook on…
Gold and silver prices declined yesterday and thus continue to dwindle with an unclear trend. Yesterday the IMF issued a report in which it stated European banks’ financial problems are far from over and they may reduce their balance sheets…
Gold and silver prices continue to zigzag and perhaps the market is just waiting for next week’s FOMC meeting to see if there won’t be any big surprises or announcements that could affect the bullion markets (did someone say QE3?).…
Gold and silver prices bounced back on the last day of the week, but didn’t do much during last week when examining their performance on a weekly scale. Â Currently gold and silver are trading rising. Today, U.S. pending home sales…