The prices of gold and silver resume their downward trend as both precious metals’ prices tumbled down last week. The political developments in the U.S revolving approving the budget – that resulted in the current government shutdown – and raising the debt ceiling are likely to crowd out other news items that will unfold during the upcoming week. On Thursday and Friday, some analysts speculated some progress in the negotiations between the GOP and President Obama, which has led to a rally of the U.S stocks and tumble of precious metals. On October 17th, if the U.S government doesn’t raise the debt ceiling, it will ... (full story)