Category: Economic News
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Latest Update: Silver Price Declines on the Last Day of the Year – FXStreet
As the curtain closes on another trading year, silver has stumbled on the final stretch. The performance of silver in the market today showed a noticeable decline, with prices registering a drop this December 31. Economic analysts stress that this does not indicate a long-term trend, but a reaction to multiple factors, including forex fluctuations…
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Tracking Gold Prices Amid a Strong Dollar & High Yields – FX Empire
With a strong US dollar and rising bond yields exerting pressure, gold prices have been experiencing some seismic shifts. This report aims to scrutinize those key levels affecting the yellow metal in the current forex environment. Traditionally, a robust greenback makes gold more expensive for holders of foreign currency, thereby diminishing its safe-haven appeal. Additionally,…