Gold and silver took a tumble last week. The FOMC meeting didn’t have any big announcements but the bullion market reacted with a sharp fall in gold and silver the next day. On Friday, however, the GDP report was released…
The recent announcement of SNB’s Thomas Jordan caused a lot of excitement in the markets – this includes gold and silver. Precious metals bounced back last week following this news. The ongoing recovery of gold and silver is mostly related…
Gold and silver kicked off the year on a positive note as both precious metals rallied during last week. The release of the minutes of the FOMC meeting from December didn’t seem to have a strong adverse impact on bullion…
The prices of gold and silver took another tumble to end the year on a negative note. This week will the first full working week of 2015 that is likely to see a rise in volatility. This week the main…
The prices of gold and silver didn’t do much last week as gold inched down by 0.1% and silver rallied by 0.8%. This low volatility is likely to continue on the last week of 2014. There are still a couple…
The bullion market cooled down again last week even though the recent FOMC statement was relatively balanced and the market’s reaction was relatively calm. This upcoming short week is likely to entail low volatility as the year is winding down.…
Gold and silver resumed their recovery again, while the U.S. dollar sell offs against leading currencies took place. This week, however, the highly anticipated FOMC meeting could stir up the bullion market again and perhaps even change its direction. This…
The bullion market showed high volatility as gold and silver rallied during most of the week until the end when the non-farm payroll report showed a higher than expected gain in number of jobs. This week the JOLTS report will…
The recovery of precious metals came to halt last week as both gold and silver prices tumble down by around 2% and 5%, respectively. This week the main report of the week is the NF payroll report, which could impact…
The prices of gold and silver recovered again in the past week mainly by the end of the week following the recent decision from Beijing to slash the interest rate in order to deal with the economy’s sluggish growth rate…