Gold and silver prices continue to seek direction in September. Despite the sharp changes in gold and silver prices throughout the month, gold price (as of yesterday) fell by only 0.1%, and silver price by 1.4%; the sharp appreciation of…
Category: Daily Forecast- Gold & Silver
Gold & Silver Prices – Daily Outlook September 13
Gold and silver prices sharply fell yesterday as the speculations around the Euro debt crisis shifted direction from pessimism to light optimism; the recent talks are that Italian officials have held talks with Chinese delegates regarding investing in the country.…
Gold & Silver Prices – Daily Outlook September 12
Gold and silver prices ended the week with gold price slightly rising and silver price falling; the USD sharply appreciated against the Euro, AUD and CAD, while the US stock markets sharply declined. Currently gold and silver prices are traded…
Gold & Silver Prices – Daily Outlook September 9
Gold and silver prices bounced back and rose yesterday. Currently, gold and silver prices are traded down. Yesterday, ECB kept its rate unchanged, the US unemployment claims slightly inclined, President Obama presented his job creation plan before Congress and Federal…
Gold & Silver Prices – Daily Outlook September 8
Gold price fell very sharply yesterday and nearly returned to its initial level from the beginning of September. This fall is consistent with yesterday’s rise in US stock markets and the sharp gains in US Treasury bills yields. Currently, gold…
Gold & Silver Prices – Daily Outlook September 7
Gold and silver prices started the week with light falls, despite yesterday’s decline in the US stock markets. Currently, gold and silver prices are traded down as the US stock markets are rising. Yesterday’s losses were probably related, in part to the…
Gold & Silver Prices – Daily Outlook September 6
Gold and silver prices ended the week with sharp gains; during yesterday they have also increased as major stock markets in Asia and Europe were traded down. Due to the long weekend in the US (Labor Day) there were no…
Gold and silver prices outlook for September 2011
Gold price experienced during August one of the biggest rallies in 2011. During August gold price nearly reached the $1,900 mark; silver price also rose mainly in the second half of August, and even passed, at one point, the $43…
Gold & Silver Prices – Daily Outlook September 2
Gold and silver prices started September with light falls, but they have already changed direction and started the day rising. Yesterday, the US Treasury bill yields fell; the EURO/USD decreased again as the US PMI manufacturing index showed a growth…
Gold & Silver Prices – Daily Outlook September 1
Gold and silver prices ended with light gains on the last day of August, but they are currently traded down. Â According to ADP, the US labor market added 91 thousand jobs. This may further curb the speculations around QE3. Yesterday,…