Precious metals price changed direction and declined during most of last month. Despite the commencement of QE3 by the FOMC it didn’t seem to affect much the prices of gold and silver. This news may, however, start affecting the prices…
The prices of gold and silver changed direction again and slightly declined on Thursday after both precious metals had increased in the previous two days. Their recent decline coincided with the fall of the Euro and other “risk currencies” such…
The prices of gold and silver continued to trade up for the second consecutive business days. Their recent rally coincided with the recovery of the Euro and other “risk currencies” such as the Aussie dollar and Canadian dollar. U.S housing…
The prices of gold and silver changed direction and bounced back from their recent downward trend. Their recent rise coincided with the rally of the Euro and other “risk currencies”. The U.S CPI rose by 0.6% during September. The core…
Gold and silver prices remained nearly unchanged as gold rose while the price of silver edged down. U.S jobless claims tumbled down by 30k to 339k this positive news may have contributed to the modest rally in the commodities and…
Gold and silver prices didn’t do much yesterday as both precious metals edged up for the first time this week. The uncertainty around the future steps of Spain and whether it will request from ECB to start its bond purchase…
Gold and silver prices continued their downward trend yesterday and thus they have declined for the third consecutive day. Mario Draghi, ECB President, contributed to the bearish market sentiment as he, much like the IMF, warned the economic outlook for…
The prices gold and silver remained nearly unchanged for the fifth consecutive business day after they had increased precipitately during the first couple of weeks of September. The depreciation of the Euro along with other “risk currencies” may have curbed…
Gold and silver prices declined again for the third consecutive day. The Euro and Aussie dollar depreciated yesterday and may have contributed to the decrease of precious metals rates. Other commodities, such as oil, also decreased. The U.S jobless claims…
Gold and silver prices edged down for the second consecutive day. Other commodities also declined. The Euro and Aussie dollar slipped yesterday and may have contributed to the decline of precious metals rates. A couple of U.S reports came out…