Fed officials were able to influence markets that a rate hike in March is a very likely option. This shift has not only raised long term interest rates but also bullion price. This week the markets will look for additional…
Precious metals continued to be pressured on account of the ongoing rise in interest rates, bullish market sentiment (at least in certain sectors) and stronger USD. But the Trump train may have come to brief halt as markets are starting…
The recovery of the U.S. dollar – in part due to growing concerns over a Brexit and several better-than-expected U.S. data figures such as GDP for Q4 – held back gold and silver prices. Some of the positive U.S. reports…
Gold and silver prices rallied again last week but mostly at the start of the week before the FOMC released its statement, which was considered by many balanced. This week the NFP report could move gold and silver prices. But…