Category: Daily Forecast- Gold & Silver

Gold & Silver Prices – Daily Outlook March 8th 2012

Gold and silver prices bounced back from their three consecutive days of falls, and ended up yesterday’s trading in the green.  There are still concerns revolving a Greek default, which may affect today not only forex markets but also precious…

Gold & Silver Prices – Daily Outlook March 5th 2012

Gold and silver prices ended last week 3.75% and 2.53%, respectively below their initial starting point.  This week there several important events that could impact precious metals prices including on Friday, U.S non-farm payroll report and on Thursday the ECB…

Gold & Silver Prices – Daily Outlook March 2nd 2012

Gold and silver prices bounced back from Wednesday’s tumble. The U.S unemployment claims edged up to 353k, which may have strengthened the US dollar during yesterday against many currencies. Currently gold and silver prices are slightly falling. Today Canada’s GDP…

Gold & Silver Prices – Daily Outlook February 29

Gold and silver prices changed direction and rose yesterday: silver, even more than gold, sharply increased by 4.5% and thus it completed an 8.4% rally in the past five business days. Will this silver rally continue? ECB will announce today…

Gold & Silver Prices – Daily Outlook February 28

Gold and silver prices slightly fell on Friday after they have risen very precipitately during most of the week. There are several updates regarding the Greek debt crisis including the German vote, ECB lending policy and more. Bloomberg reports gold…

Gold & Silver Prices – Daily Outlook February 27

Gold and silver prices slightly fell on Friday after they have risen very precipitately during most of the week. Another G20 meeting was held yesterday. The leading economies tried to reach an agreement on a second rescue package worth $2…

Gold & Silver Prices – Daily Outlook February 24

Gold and silver prices sharply increased yesterday and thus are about to complete one of their best performing weeks in February.  Currently gold and silver prices are declining. Today, the U.S. new home sales report will be published and the…

Gold & Silver Prices – Daily Outlook February 23

Gold price continued its upward trend and moderately increased yesterday, while silver changed direction and was traded down.  Currently gold and silver prices are increasing. The recent manufacturing PMI reports showed that EU and China’s manufacturing might have shrunk during February.…

Gold & Silver Prices – Daily Outlook February 22

Gold and silver prices started off the week with very sharp gains. Yesterday’s gains were the sharpest this month (so far), which only goes to show how February is much less volatile than January. Currently gold and silver prices are…