The price of silver tumbled down in the past few days to its lowest level since October 2010. Since the beginning of the month the price of silver fell more than 17%. Moreover, the silver ETF, iShares Silver Trust (SLV)…
Gold and silver changed course again this time slightly rose after they have tumbled down a day earlier. Major “risk related currencies” such as the Euro and Canadian dollar also rallied against the USD. Yesterday, it was reported that number…
Gold and silver continue to seek direction as they have changed direction again and tumbled down yesterday. The ongoing recovery of the U.S stock market is plausibly pulling investors out of safe haven investments such as gold and silver and…
Gold and silver prices resumed their downward trend during February. Their performance in the second month of the year was the worst since May 2012 – back then gold fell by 6% and silver by 10.5%. Moreover, during last month,…
The price of gold didn’t do much during January; silver price, on the other hand, bounced back from its tumble during December and rose during last month. The little movement in the price of gold on a monthly scale might…
Precious metals prices resumed their downward trend during December. This downward trend, however, was less related to the movement of the USD or the changes in other commodities prices and was plausibly related to other factors. These factors could include…
Precious metals prices moved with an unclear trend during the first two weeks of November, but by the end of the month silver rose while gold edged down. The recent decision of the EU leaders to approve the next Greek…
The prices of gold and silver declined yesterday. A few U.S reports were published yesterday: the U.S CPI edged up by 0.1%; the Philly Fed survey showed the manufacturing have deteriorated mainly due to the adverse effect of Hurricane Sandy.…
The prices of gold and silver changed direction and increased yesterday. The recent publication of the minutes of the FOMC meeting from back in October didn’t offer much insight regarding the next move of the FOMC. A couple of U.S…
The prices of gold and silver slightly declined again for the second consecutive day. The low volatility was in other markets including oil, stocks and forex. The recent Euro Summits were concluded with no big headlines regarding Greece’s debt crisis.…