Gold and silver prices slipped on Tuesday after they had increased on Monday and despite the appreciation of the Euro and Australian dollar. The U.S consumer confidence declined in August. Tomorrow will start the symposium at Jackson Hole that will…
Is time for another quantitative easing? Gold and silver prices continue to rise following yesterday’s publication of the minutes of the FOMC meeting. In last month’s FOMC meeting there were no hints of another QE program, but the minutes revealed…
Gold and silver prices, much like the Euro, hiked on Tuesday as many forex and bullion traders anticipate the ECB bond purchasing program will commence in the near future. There are also speculations on whether the People’s Bank of China…
Gold and silver prices bounced back and, unlike many other commodities and currencies, rose on Monday. Despite yesterday’s rise, I still suspect bullion rates will trade down during the week. There are still talks around the future steps of ECB…
The prices gold and silver moved with an unclear trend during last week, but I suspect bullion rates might trade down during the week. As I have pointed out in the precious metals weekly outlook the main events of the…
The prices gold and silver edged up during last week, and I suspect this trend will continue in the days to follow. As I have pointed out in the precious metals weekly outlook the main events of the week will…
Gold and silver prices continued to seek direction as both precious metals edged up on Thursday. These metals rose despite the decline of the Euro and perhaps due to the appreciation of other “risk currencies” including Aussie dollar and Canadian…
Gold and silver prices changed direction again and declined on Tuesday after they had risen on Monday. The recent news of China’s decline in trade growth during June (as both imports and exports growth fell in June compared with May’s…
Gold and silver prices started off the week rising but will this rally continue today? Currently gold and silver are slightly falling. The recent news from China is that its demand for gold will only grow by 13% to 870…
Gold and silver prices resumed their downward trend and declined during yesterday’s trading. The disappointing U.S consumer confidence report didn’t seem to curb the decline in bullion rates but may have adversely affected energy commodities prices. Currently precious metals prices…