Precious metals prices started off the week with slight changes as gold price moderately declined and silver slightly rose. Following the approval of the austerity plan by the Greek parliament, the riots in Greece continue and raise the question whether…
Precious metals prices ended the week falling after they had changed directions during last week. It was reported today that Hedge funds raised their bets on commodities in anticipation of rising commodities prices due to expected growth of the U.S.…
Precious metals prices continue to zigzag with no clear trend as they have rallied yesterday from Wednesday’s falls. The news from Greece of approving the recent austerity plan didn’t impress traders as the Euro only slightly rose on Thursday. Currently…
I have already written and posted my projections for silver price in 2012 along with an analysis for the major events that affected its development during 2011. In this post I will examine the potential outcomes of silver price during…
Precious metals prices changed direction again for the third consecutive day. Yesterday gold and silver prices ended the day falling. Currently gold and silver prices are moderately rising. These are many news items and decisions on today’s agenda including: ECB…
The market has changed direction again as major commodities and currencies rallied from Monday’s falls. Gold and silver prices started off the day falling but soon after they had changed direction and finished the day in the green. The positive…
Gold and silver prices started off the second week of February with little changes. The financial community is waiting in anticipation for the results of the Greek negotiations; these negotiations might affect the direction of the Euro and consequently may…
Gold and silver prices finished the week on a negative note despite their sharp gains of recent weeks. Currently gold and silver prices are declining. Today, the Swiss National Bank Forex Reserves will be published. Other financial reports that will…
Gold and silver prices continued their upward trend of recent weeks as they have slightly advanced again during yesterday’s trading. This rally might change direction, depending on the upcoming results of the U.S. payroll report, which will be published today;…
Gold and silver were traded up on the first day of the month, even though other commodities such as crude oil were traded down. Yesterday the Euro and Australian dollar also appreciated against the U.S. dollar. Currently price of gold…