Gold

Precious metals have been rising for the past few weeks on the back of multiple factors, including a notable rise in the geopolitical tensions around the world, especially those between North Korea, Venezuela, and the US. It has been a bumpy ride for the past few weeks. However, it seems that the momentum is still here for a possible breakout. ...

2017-08-24 Nour Eldeen Al-Hammoury Read more
Gold prices

It has been a bumpy ride for metals over the past few weeks. However, the general momentum remains positive on most time frames. Yet, metals need more catalysts to clear the way for further gains this year. Otherwise, they are going nowhere. The Fed Saved The Day Yesterday, metals were at this week’s lows right before the Federal Reserve’s...

2017-08-17 Nour Eldeen Al-Hammoury Read more
Silver bullion bar

Metals lost some ground at the end of last week as the US Jobs Report came in much better than expected, sending the US Dollar higher across the board and posting the biggest one-day gain since the beginning of the year. Gold lost nearly 1% since Friday, while Silver declined by more than 2.5%. However, since the beginning of the week, both met...

2017-08-08 Nour Eldeen Al-Hammoury Read more
Gold

The US Dollar tumbled to the lowest level since May 2016, completing five months of consecutive declines, something we haven't seen since 2011. Despite this move and the notable decline in USD Index, Metals volatility was muted. Gold advanced slightly, while Silver managed to rise close to 1%. Even though Metals are still lagging, the opportun...

2017-08-01 Nour Eldeen Al-Hammoury Read more
Gold

A week ago, both metals were sinking, Gold almost tested $1200, while Silver crashed to $14 before recovering quickly above $15 the next day. Today, Gold is trading around $1240, while Silver is stabilizing well above $16 so far, which might be a sign for another move ahead. Higher Gold On Low Inflation? Some traders are confused with the ...

2017-07-19 Nour Eldeen Al-Hammoury Read more
Silver Flash Crash

Precious metals are on course to post its second weekly decline in a row, including Gold and Silver as global bond yields keep on rising. One of the main reasons for the recent rise in bond yields are central bankers remarks over the past week. Central bankers are back on the same page, while in the past some banks were adding to their stimulus...

2017-07-26 Nour Eldeen Al-Hammoury Read more
Gold prices_0612

For the past few days, we can see some interesting signs starting to appear in precious metals. Despite recent declines, which were quite expected, it seems that gold and silver might be in progress to bottom out. Confirmation is still needed, but the signs of approaching bottom are getting more apparent day by day. However, we will concentrat...

2017-07-26 Nour Eldeen Al-Hammoury Read more
precious metals

Metals have been declining for the past two weeks after Gold and Silver failed to stabilize near this year’s high. Gold lost more than $40 in the last 10 trading days, while Silver is now trading below 16.50. The notable decline in metals came due to many factors, fundamentally and technically, while both remain bullish. However, Gold is likely...

2017-07-26 Nour Eldeen Al-Hammoury Read more
Gold

Last week, metals continued to rise further, Gold managed to post a new high of the year, while Silver underperformed Gold and remained far from this year’s high. However, notable rally in Gold did not last. Gold took a nosedive over the past few sessions, losing around $30 in few days, declining all the way back from this year’s high to $1260 ...

2017-07-26 Nour Eldeen Al-Hammoury Read more
Gold prices

Once again, if you have been following our previous reports especially about Gold and Silver, you would be able to explain why and how metals recovered back up after declining significantly last month. In the past few weeks, we were confident that Gold and Silver are likely to recover most of the recent declines, despite the fact that many fund...

2017-07-26 Nour Eldeen Al-Hammoury Read more