Gold and silver prices sharply increased for the second straight day after the FOMC announced on Wednesday it will keep the interest rates low until late 2014. Currently, gold and silver are traded with little changes. Today, the U.S. GDP…
Gold and silver prices rallied on Wednesday following the FOMC’s pledge to keep the low interest rates until late 2014. This news also reignited the speculation around whether the Fed will issue another stimulus plan in the near future. Currently,…
Gold and silver prices recorded additional sharp gains yesterday following the European Union agreement on debt reduction for Greece; the news of the U.S GDP growth in Q3 may have also helped push commodities prices up as the confidence in…
Gold and silver prices continued to rise yesterday and thus completed a fourth business day rally. The European Union leaders reached an agreement on the debt crisis that could ease the concerns of the financial community and thus curb the…
Gold and silver prices sharply rose yesterday and recorded the sharpest gains during October. Does this mean there is a shift in the recent trend of gold and silver prices from downward to upward? Today, the second (this week) EU…
Gold and silver prices started the week with moderate gains along with the sharp gains recorded in other major commodities prices such as crude oil prices. Currently gold and silver prices are traded sharply up. Today, U.S Consumer Confidence report…
Gold and silver prices ended the week with sharp rises after a week long of falls. Some consider that the rally of gold and silver prices is over and others consider there will be sharp gains during this week. All…
Gold and silver prices bounced back on Friday from the sharp falls they have had a day earlier. During September both metals didn’t do much despite their high volatility. What is next for gold and silver prices? The rising concerns…
Gold and silver prices suffered a sharp drop yesterday; as a result, they have completed 4.2% and 5.1% deceases, respectively from the end of last week. Currently, however they are traded slightly up. The recent announcement of ECB along with…
Gold and silver prices continue to zigzag: yesterday they have ended slipping. The recent rally in the American and European stock markets in the past several days, along with the rise in U.S. Treasury bills yields might suggest that traders…