gold price forecast and outlook
Precious metals didn’t perform well again last week as the markets are coming around to consider the Fed raising rates in December. The stronger dollar has also pressured down gold and silver. And the Brexit talks — including the concerns…
Gold and silver took another beating as the USD gained some more momentum over the rising chances of a rate hike by the FOMC and the collapse of the British Pound over Brexit woes. And this week the focus will…
The latest NFP report fell short again of market estimates with a gain of 156K jobs; but this hasn’t changed the view of the markets that the FOMC is likely to raise rates at least once this year – and…
Gold and silver didn’t perform well in the past week even though the USD remained relatively flat while the chances of a December rate hike slightly picked up. Moving forward, this week’s main event will the NFP for the month…
The recent recovery of oil prices following the possible deal by OPEC has also helped pushed up the risk currencies including the loonie and the Aussie. But this week the market’s attention will move back to the U.S. and the…
The bullion market recovered last week as the FOMC didn’t raise rates all awhile leaving the door open for a rate hike this year. The FOMC also revised its outlook on GDP growth rate for 2016, core inflation for 2017…
Gold and silver took another hit last week even though the changes of a rate hike in September declined. Even though the markets cut the chance of a rate hike in the upcoming meeting, the markets didn’t change the chance…
All eyes are set towards the next FOMC meeting. Even though the market has climbed down from the idea of a possible September rate hike, the market will still look for any clues for when the Fed is expected to…
Gold and silver didn’t do much throughout most of last week until Friday when the non-farm payroll report presented a gain of only 151K jobs – lower than expected – and even the annual growth in wages also fell short…
Bullion prices took another beating in the past week as the markets are slowly raising the chances of rate hike this year by the Federal Reserve. But this could all change if the upcoming NFP report falls short of market…