Gold and silver continued on their over half a year decline this week as both metals posted fairly large losses. While these losses have completely sucked the life out of any progress gold and silver might have made last week or the week before, they are not too surprising. There are a number of different […]
Gold and silver can’t seem to catch a break as the first full week of May brought with it more disappointing weekly numbers. Two main reasons behind why precious metals did so poorly this week was a surging US dollar and poor economic news from China. While for the first few days of the week […]
Gold and silver didn’t do much moving this week as spot prices stayed in roughly the same position on Friday as they were at the outset of the week. Some big news out of Europe did little to affect the price of precious metals while investors in North America were keeping a close eye on […]
For the first time in a while I bring news of positive results for both gold and silver. A rise in demand for precious metals across the board is the main culprit behind my metals performed so well, but some weak economic data from around the world helped as well. It seems as though US […]
While the US stock markets have cooled off after their few week long boom, you would think gold and silver would pick up the slack. Nothing could have been further from the truth because right away, at the start of this week, gold and silver posted massive declines. In fact, we saw gold lose over […]
Gold posted yet another disappointing week as values for both gold and silver were down significantly for a second consecutive week. Despite the US economy cooling down and tensions throughout Asia, precious metals were unable to make the breakthrough that many had hoped they would towards the end of last week. While heavily invested people […]
Gold and silver both had a rough past 5 days, and while things picked up on Friday, the week as a whole still was fairly dismal. Despite any headlines that justified a huge drop in the value of precious metals, they seemed to have jumped off a cliff over Tuesday and Wednesday. Things that we […]
The same country that headlined our market update is the same one that headlines this week as the world seems to have an insatiable appetite for Cyprus’ banking troubles. This time we have news of a deal that has finally been struck, although not everyone is happy about it. Now it is time to take […]
Two stories took most of the headlines this week, and they were a sticky bailout situation going on in Cyprus as well as a meeting involving the Federal Reserve. The Open Market Committee meeting brought with it, as it usually does, plenty of speculation that ended up being only that. Cyprus, a financially failing nation […]
Silver and gold both had less than stellar weeks this week, but these ending numbers more or less replicate how precious metals have acted the past few weeks. The US economy is performing so well that it is really hard for metals to gain a lasting foothold that it could improve upon. What Recession? If […]