Category: EURO/USD

Gold and Silver Prices Outlook for November 2013

Gold and silver forecast November 2013

The precious metals market hasn’t moved much and gold and silver prices remained nearly unchanged on a monthly scale. The FOMC meeting ended with no change in policy. But some analysts think the FOMC has left the door open on…

Weekly Outlook of Financial Markets for November 4-8

Last week, the FOMC meeting may have rekindled the speculations of tapering QE3 in December. The market reaction soon followed as the USD rallied and precious metals prices tumbled down. Looking forward, will the US dollar continue to rally? This…

Gold And Silver | Recap for Oct 28- Nov 1

weekly precious metals chart October 28- November 1 2013 percent change

The precious metals market cooled down at the end of the month and both gold and silver prices tumbled down on Thursday – the last trading day of the month. In the last four consecutive months gold and silver declined…

Gold and Silver – Daily Outlook for October 31st

The FOMC’s meeting ended with no dramas and it was decided to keep the monetary policy unchanged. Gold and silver recovered from their recent slump and slightly rose yesterday. In U.S news, the consumer price index for September inched up…

Gold and Silver – Daily Outlook for October 30th

golden bar

Gold and silver prices slipped again for the second consecutive time this week. The rally of the USD against the Euro and Japanese yen coincided with the drop of precious metals prices. Yesterday, U.S retail sales report came out: The…

Gold and Silver – Daily Outlook for October 25th

Following Wednesday’s fall, gold and silver bounced back and increased on Thursday. In the past month both precious metals have changed direction directions several times but still managed to slightly rise on a monthly scale. Yesterday, U.S jobless claims report…

Gold and Silver – Daily Outlook for October 23rd

Gold and silver Chart 2013 October 23

The gold and silver market continued to heat up and sharply increased yesterday. The recent non-farm payroll report didn’t meet expectations, which resulted in the depreciation of the USD against leading currencies and the recovery of gold and silver prices.…