Gold and silver markets looked sharp at the start of the week. Both metals displayed positive upside momentum for the larger part of the week, hitting a three-week high on Tuesday. The only significant dip was on Wednesday, and neither metal could get on a strong recovery path. Monday 7th Gold and silver were trading

The precious metals kicked off the new months with three consecutive gains before gold’s price dipped at the end of the week. The daily gains pushed both metals’ prices up after a poor session at the start of the week. The weak US dollar, which hit a two and half year low on Wednesday, was

A rally in the stock market and the positive vaccine news set off a price slump in Gold and Silver markets. Both metals struggled to recover after a poor start on Monday. The weak US dollar barely provided enough support to keep the metals afloat. Gold suffered the biggest dip hitting a five-month low as

The precious metals grappled with staying afloat this week. Gold struggled to hit $1,900 but couldn’t go beyond its price on Monday. Silver had a similar development throughout the week as it saw investors giving it the cold shoulder. Analysts believe the price dip was a result of the upcoming rollout of Covid-19 vaccines. Although

Silver started the week well before dipping briefly in response to the positive coronavirus vaccine news. Although silver posted a couple of slums, its price stayed above the $24 level all week. Gold started off poorly but managed to recover as the week came to an end. The metal couldn’t, however, get past the $1900

The precious metals posted massive gains at the end of the week despite some back and forth movement early in the week. The falling US dollar was the most notable driving force for the price rallying amid ongoing political turmoil in the US. Gold’s price trend seemingly suggests a new multi-month advance. Industry experts believe

The prices of the precious metals fell this week and despite a late upside momentum as the week came to an end, they couldn’t recover. Gold dipped below its key $1,900 level as silver struggled to stay above the $24 level. Market analysts attributed the slump mainly to the expiration of futures contracts. The price

It was another one of those weeks where gold and silver gained upward momentum at the start of the week but tumbled at the end. The prices of the metals were mainly influenced by the movement of the US dollar. No price surprises were witnessed this week as gold traded around the $1,900 mark and

Gold and silver gained at mid-week but couldn’t stay the course. Both metals posted their highest prices this week on Monday and could not reach the same levels throughout the week. Brief recoveries during the midweek helped keep the precious metals afloat. Summary Monday 12th, 2020 Both metals had a solid start, with gold trading