Gold and silver prices started off the week rising along with many other commodities prices and major currencies including the Euro. But there is still no clear path for gold and silver prices as both zigzagged from gains to losses…
Gold and silver were traded down again on Friday and thus completed a negative performing week. Will this downward trend continue this week? There are reports that following the sharp drop in gold and silver prices, the bets on rising…
Gold and silver prices changed directions several times during yesterday’s trading but eventually ended the day with slight shifts as gold price slightly declined and silver price moderately rose. The recent FOMC meeting didn’t introduce any new stimulus plans. This…
Gold and silver prices started off the week falling after they have risen in the previous three days. Today the bullion market will probably be affected mostly from the FOMC meeting (update: FOMC announced no QE3 for now) and whether…
Gold and silver prices continued their rally as they have completed a three day rally during last week. The positive news of the expansion of the US employment by 227k didn’t slow down gold and silver prices rally on Friday.…
Gold and silver prices continued their recovery and rose again yesterday. The concerns revolving the Greek debt crisis have subsided for now after investors agreed to swap nearly 85% of the Greek debt. Yesterday, ECB announced it will leave its…
Gold and silver prices bounced back from their three consecutive days of falls, and ended up yesterday’s trading in the green. There are still concerns revolving a Greek default, which may affect today not only forex markets but also precious…
Gold and silver prices declined for the third consecutive day. There are still speculations around the possibility of Greek default, which could come into effect on Thursday. But due to the LTRO, EU banks have more than enough funds to…
Gold and silver prices started the week the same way they have ended last week- falling. Despite the sharp fall of silver price on Monday, gold price and many other commodities prices such as crude oil prices didn’t change much…
Gold and silver prices ended last week 3.75% and 2.53%, respectively below their initial starting point. This week there several important events that could impact precious metals prices including on Friday, U.S non-farm payroll report and on Thursday the ECB…