gold price forecast and outlook
The rates of precious metals rallied yesterday after their moderate decline a day earlier. This unclear trend may have been stem from the FOMC’s decision to keep policy and outlook unchanged on the one hand and the recent developments in…
Following the latest FOMC meeting, in which no big surprises or changes were made, The market remains clam and all eyes continue to focus on Europe. Will the volatility of precious metals prices remain low today as it did yesterday On…
The prices of gold and silver resumed their moderate movement as both precious metals remained nearly unchanged yesterday. The recent update related to Cyprus is that its parliament rejected the despite levy; this rejections blows the EU bailout plan. The…
The prices of gold and silver rose during yesterday. Their rally may have stemmed from the recent developments related to Cyprus bailout plan that may have also adversely affected the Euro and other risk related currencies. This development may have…
The price of gold slightly rose during last week. On the other hand, the price of silver inched down. The publication of several U.S reports including: the retail sales monthly report, jobless claims weekly update, the PPI and CPI monthly…
Gold and silver didn’t do much during last week. Their price volatility also remained low. Several reports came out during last week: retail sales rose by 1.1% in February; jobless claims declined again by 10k to reach 332k; the PPI…
Major commodities including crude oil gold and silver didn’t do much during last week. Moreover, major currencies pairs such as the Euro/USD also were little changed during the previous week. The upcoming week might bring along with it a rise…
The prices of gold and silver moved in an unclear trend as silver slightly fell while gold moderately increased during yesterday. Their unclear trend was despite the little rally of leading risk related currencies such as the Euro and Australian…
The prices of gold and silver changed course and slightly declined on Wednesday. Their decline coincided with the drop of leading currencies against USD such as Euro and Aussie dollar. The U.S retail sales report, which was published yesterday, showed…
The rates of silver and gold sharply increased on Tuesday. Their recovery coincided with the drop in long term treasuries yields: the 10 year U.S treasuries securities fell to 2.03%. Will gold and silver rally further? Currently gold and silver…