Gold and silver prices changed direction several times yesterday but eventually didn’t do much and only slightly changed. The recent FOMC meeting didn’t bring much news as there were no announcements of a new stimulus plan. The market didn’t react…
Gold and silver prices started the week with very sharp losses; many commodities prices, stock indexes and forex exchange rates also sharply declined yesterday. This reaction was probably prompted by the markets’ disappointment from the recent EU Summit. Moody’s announcement…
Gold and silver prices started the first week of December with moderate gains during the week. The reduction on the rates of US dollar based loans given to struggling EU banks by several central banks including the Federal Reserve helped…
Gold and silver prices ended November on a positive note as they have sharply inclined along with the rest of the financial markets. The news from Europe on the Fed’s reduction of interest rates on USD loans to EU banks…
Gold and silver prices moderately changed yesterday with no clear trend. Italy’s bond sale gone well and may have indicated a slight positive sentiment in the financial markets in regards to the recent changes in Italy. Today the U.S Pending…
Gold and silver prices started the week with sharp rises, after they had declined on Friday. Major commodities prices such as crude oil prices also rallied yesterday. The news of Fitch’s negative outlook on U.S. might influence trades during the…
Gold and silver prices ended the week falling as major currencies such as Euro and Australian dollar depreciated against the US dollar. The debate over the budget cuts in the U.S. will continue to occupy the news and may even…
Gold and silver prices continue to seek direction, but due to Thanksgiving the trading slowed down. Nonetheless gold and silver are traded down. Here is a market outlook of precious metals prices for the last day of the week, November…
Gold and silver prices continue to shift with no clear direction as they slightly inclined yesterday, after they had moderately fell a day earlier. The European debt crisis continues to influence traders, resulting in the indeterminate direction of precious metal…
The debt ceiling was raised by $2.1 trillion and the financial market has gained back some of its stability. Gold and silver prices started off the month with small changes. Today, the U.S. ISM Manufacturing PMI report will be published. …