Gold and silver have rebounded today after losing some ground during the middle stages of the week. While it caught a lot of people off guard that gold and silver were able to ride their momentum into this week, that quickly changed as profit-taking and a slight technical correction made an appearance Tuesday through Thursday. […]
Investors the world over witnessed one of the best 5-day performances by precious metals in months. Currently, spot values are the highest they have been in months and the outlook on precious metals is rapidly shifting from bleak to upbeat. This week was a generally quiet one as far as economic data was concerned, making […]
Gold and silver finished off what has been a mildly impressive week in impressive fashion as both metals made gains on the back of a somewhat disappointing US jobs report for January. Though the report came back a little weaker than what was anticipated, US stocks were able to turn the last day of the […]
Gold and silver are trading lower on Friday to bring to a close what has been a activity-filled week. After hitting a 9-week high in the early morning hours of Monday, gold then fell significantly as a stronger US Dollar put a lot of downward pressure on the metal. Then, only a day later, gold […]
Gold and silver posted small gains to close out what has been a somewhat impressive week for metals. After a rocky first two or three days, gold gained footing on Thursday and it along with silver were able to post impressive gains. As market analysts become more and more certain that the US stock market […]
Gold and silver ended the day on Friday in positive fashion but netted losses this week, the first time in about a month for gold. Strong equity performance all over the globe was a major theme this week, most of which was fueled by strong economic data in the United States.The global economy is well […]
Gold and silver are on their way to heading into the weekend up for the week. After the first four days of this week were full of ups and downs for precious metals, today’s weaker than expected employment report for December solidified precious metals’ positive week. Somewhat disappointing economic reports out of China also helped […]
This week was yet another holiday trading week, though gold and silver were able to pull off some modest gains. Apart from physical buying, gold and silver did not have much of anything substantial to push them towards the gains they made. This could mean that Thursday and Fridays’ positive numbers are nothing more than […]
Gold and silver have posted minor gains on what has been a slower than usual week thanks to the Christmas holiday falling on a Wednesday. As trading volumes have been subdued all week it is hard to gauge whether gold and silver’s minor gains can be attributed to anything more than short-covering. Next week will […]
Gold and silver have had a turbulent and less than positive week as the Federal Reserve of the United States finally made the announcement that they will taper their monthly bond-buying monetary policy, also known as Quantitative Easing. The reduction to QE announced by the Fed was only about half of what the market was […]