Gold and silver showed a modest gain in the past week, despite the unclear trend in the movement of USD against leading currencies pairs. Yellen’s recent testimony was perceived mostly dovish and pushed back up bullion prices and dragged down…
As the whole debacle around the Greek debt crisis dissipates and takes the backburner for the near term, other economic developments could retake the center stage including the changes in the monetary policy of the FOMC and ECB. In the…
Major commodities including gold, silver and crude oil resumed their downward trend, while the U.S. gained some of its losses back from earlier this month. This week the main events will revolve around the before last FOMC meeting for the…
The prices of gold and silver remained stable for the second consecutive week. This time, their modest rally at the beginning of the week came to a halt on Thursday following the release of the NF payroll report, in which…
Gold and silver slightly rose last week and thus rallied in the past four consecutive weeks. During last week, the U.S GDP growth rate was revised down to -2.9%. This news may have contributed to the recovery of precious metals…
The energy commodities markets cooled down during last week as oil and natural gas prices changed course and fell. Precious metals remained virtually unchanged. This week, in the U.S several economic reports will be published including non-farm payroll, manufacturing and…
Gold and silver slightly rose last week but on a monthly scale they are still nearly flat lined. Even the forex market also showed signs of unclear trend and the U.S rallied against the Euro but fell against the yen…
Leading commodities markets cooled down in the past week as the prices of precious metals, natural gas and oil declined. This week, many news items of the agenda including: Janet Yellen’s speech, U.S retail sales, China’s industrial production, BOE’s Governor …
Gold and silver slowly declined during last week only to bounce back on Friday soon after the U.S non-farm payroll report showed a 288k gain in jobs; the unemployment dropped to 6.3%. The FOMC decided earlier last week to taper…
Gold and silver moved sideways during the previous week only to slightly rise on a weekly scale. The economic reports that were released last week showed a modest slowdown in the U.S and may have contributed to the modest rise…