gold price forecast and outlook
The prices of gold and silver eased down from their high volatility from the beginning of the week. Their prices moved in different directions: gold slightly rose while silver continued to decline. In the Forex market, the leading risk currencies…
The sharp fall in the price of gold in recent days took by surprise many investors and analysts. I’ll admit that the plunge in prices of precious metals was surprising, and I didn’t think gold will fall so promptly. Nonetheless,…
The bullion market shifted direction again as both gold and silver resumed their downward trend that started last week. Both precious metals slightly declined yesterday along with other commodities such as oil and leading “risk related currencies” such as Euro…
Gold and silver bounced back from their tumble of the past couple of business days. This may have just been a correction to the sharp fall in their prices. Yesterday, the U.S CPI report was published: the U.S CPI fell…
The price of silver tumbled down in the past few days to its lowest level since October 2010. Since the beginning of the month the price of silver fell more than 17%. Moreover, the silver ETF, iShares Silver Trust (SLV)…
Gold and silver resumed their downward trend from the end of last week and plummeted to their lowest levels in recent years. Last weeks many talked about the recommendation of Goldman Sachs to pull out of gold and the publication…
Gold and silver plummeted during most of last week. The sharpest fall came on Friday when gold declined by 4.1%; silver fell by 4.9%. The main event from last week – the publication of the minutes of the recent FOMC…
Gold and silver plummeted again during last week. Their decline didn’t seem to coincide with the developments in the forex markets but did coincide with the sharp fall of other commodities and equity markets. The rise in volatility of gold…
Gold and silver changed course again this time slightly rose after they have tumbled down a day earlier. Major “risk related currencies” such as the Euro and Canadian dollar also rallied against the USD. Yesterday, it was reported that number…
Gold and silver continue to seek direction as they have changed direction again and tumbled down yesterday. The ongoing recovery of the U.S stock market is plausibly pulling investors out of safe haven investments such as gold and silver and…