gold price forecast and outlook
During the previous week, energy commodities prices fell including natural gas and oil. Conversely, gold and silver prices continued their upward trend. In the forex market, the USD appreciated against several currencies such as Aussie dollar and Canadian dollar, but…
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…
The prices of gold and silver rallied in the past couple of weeks to their highest levels in over a month. Are gold and silver on a verge of comeback? Will their rally continue in the coming months? Let’s analyze…
The rally of gold and silver prices reached a halt as both precious metals fell yesterday after they had rallied during the first two days of the week. Bank of Canada left its policy unchanged and kept the interest rate…
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.…
The prices of gold and silver resumed their upward trend and rose again during yesterday’s trading. The gold market was very quiet on Monday as the volume of trade in the CME was the lowest since Christmas Day of 2012.…
The prices of gold and silver bounced back and spiked during last week. The U.S government shutdown ended with a short-term solution; the budget talks will continue with a revised deadline of January 15th; the debt ceiling was also pushed…
The U.S government is open for business but the big question remains for how long as the deadline on the budget talks and debt ceiling were pushed forward to mid January and early February, respectively. Until then, the reopening of…
The precious metals market reheated as the prices of gold and silver bounced back form their recent descent. The government shutdown ended with a short term solution as the budget talks will continue with a revised deadline of the middle…
Gold and silver prices continued their rally and spiked yesterday. In the forex market the USD sharply depreciated against leading currencies including Euro and Aussie dollar. Despite the deal that was struck between GOP and Obama regarding the debt ceiling…