gold price forecast and outlook
The precious metals market has stabilized in the past couple of weeks after the September FOMC meeting. This week, however, the publication of the minutes of that FOMC meeting could reignite the gold and silver market. Furthermore, the recent U.S…
Last week, leading commodities including oil and silver rallied. Conversely, other commodities such as gold and natural gas declined. The uncertainty around the progress of the U.S economy as the government shutdown continues may keep commodities moving in different directions.…
The prices of gold and silver didn’t do much yesterday as they both changed direction again and slipped on Thursday. Nonetheless, throughout the week both precious metals moved in an unclear trend as they zigzagged from gains to losses on…
Following the sharp drop in prices of bullion on Monday and Tuesday, precious metals changes direction and bounced back yesterday. Their rally was accompanied with the rise of the Euro against the USD. In Europe, ECB didn’t change policy and…
The bullion market has cooled down as gold and silver prices fell during most of September. The recent decision of the FOMC to keep QE3 program unchanged wasn’t enough to pull back up precious metals prices. The aftermath of the…
The prices gold and silver kicked off the month on a negative note as both precious metals tumbled down. This recent fall may have been related to the expiry of future contracts as more investors have exited the bullion market.…
The prices gold and silver moved in an unclear trend in the past week. This indecisiveness in the markets might be stemmed by the uncertainty regarding the FOMC’s next step and U.S policymakers’ inability to reach an agreement on budget…
Following the anticlimax from the FOMC’s meeting a couple of weeks back, the prices of gold and silver didn’t do much during last week. In the U.S, several reports came out and didn’t offer a clear picture regarding its: Jobless…
During last week, leading commodities prices mostly fell including natural gas, oil and silver; in the forex market, the USD appreciated against several risk currencies such as Aussie dollar and Canadian dollar. In the forthcoming week several reports and speeches…
Gold and silver continue to zigzag and they bounced back yesterday from the recent fall. This recent descent of precious metals didn’t seem to stem from the news regarding the progress of the U.S economy: the final estimate of the…