The prices of gold and silver changed course and after a two day fall, they have bounced back on Thursday. Their recent rally coincided with the sharp appreciation of leading currencies against the USD including Euro and Japanese yen. In…
The prices of gold and silver started off the week on a negative note and slipped on Tuesday. Moreover, the volume of trade also picked up after the markets were closed on Monday. Will gold and silver change direction again…
The prices of leading commodities didn’t move much in the past week. On the other hand, the US dollar sharply appreciated against leading currencies such as Euro, Japanese yen and Aussie dollar during last week. During the upcoming week several…
The prices of gold and silver changed course and slowly declined in the past couple of days. Their recent fall coincided with the depreciation of several leading currencies such as Euro and Aussie dollar against the US dollar. In the…
The prices of gold and silver rallied in the past three business days and slowly recovered from their sharp drop in the prices of precious metals during December. The low volatility is likely to continue in the coming days. On…
The prices of gold and silver didn’t do much in the past several days and only slowly declined. The recent publication of the minutes of the December FOMC meeting rekindled the conversation about the upcoming future tapering of the Fed.…
The prices of gold and silver slowly rose during the part several days. The low volume of trade may have contributed to the recovery of gold and silver. This could change in the coming days as the volume is likely…
Last week’s slow pace in the financial markets due to the holiday season won’t resemble this week’s pace. This upcoming week will be packed with many news items, decisions, reports and events that could stir up the financial markets again.…
The holiday season is behind us and the markets are likely to slowly weaken from their two week slumber. The prices of gold and silver declined during the week and might change direction in the coming days. On today’s agenda:…
Following last week’s FOMC decision to mini-taper QE3 by $10 billion, the markets have calmed down this week. Further, the holiday season in the U.S and Europe has curbed down the volatility in the commodities, forex and stock markets. This…