Gold and silver prices changed direction and rose yesterday: silver, even more than gold, sharply increased by 4.5% and thus it completed an 8.4% rally in the past five business days. Will this silver rally continue? ECB will announce today…
Silver had a big day yesterday, February 28th as it sharply rose by 4.5% – the sharpest gain for silver since January 3rd when it added 5.94% to its value. But, unlike yesterday’s gain, the rise in silver back then…
Gold and silver prices slightly fell on Friday after they have risen very precipitately during most of the week. There are several updates regarding the Greek debt crisis including the German vote, ECB lending policy and more. Bloomberg reports gold…
Gold and silver prices slightly fell on Friday after they have risen very precipitately during most of the week. Another G20 meeting was held yesterday. The leading economies tried to reach an agreement on a second rescue package worth $2…
Gold and silver kept their upward trend they have had during most of the first month of 2012. Despite the announcement over the last weekend by S&P to downgrade France and several other EU countries’ credit rating, France and Spain…
Gold and silver prices started off 2012 with very sharp gains mainly during the first trading day of the year. Since many other financial markets also started 2012 on a positive note including crude oil market and American stock market,…
Gold and silver prices started the first week of 2012 with very sharp gains that were recorded in other commodities prices such as crude oil prices. The rest of the financial markets also recorded sharp gains including the U.S. stock…
During the last week of the year, gold and silver prices declined and thus continued their downward trend of December. Gold and silver prices declined during the month by 10.5% and 14.90%, respectively. During 2011 gold price rose by 10.2%…
Gold and silver prices rallied from the sharp falls they had recorded during most of the week and rose on the last business day of 2011. Crude oil prices on the other hand changed direction and declined. Major currencies such…
Crude oil prices recovered from the sharp decline they had experienced on Wednesday and slightly rose yesterday. Gold price continued to decline while silver price moderately rose. Major currencies such as Euro and AUD changed direction and slightly appreciated against…