gold price forecast and outlook
Gold price remained virtually unchanged as it inched down on a weekly scale. The price of silver declined. Their modest fall partly coincided with the depreciation of the Euro and Aussie dollar against the USD. ECB President Mario Draghi’s remarks…
The prices of silver and gold changed direction and fell on Thursday. The recent comments made by ECB President Draghi regarding the strength of the Euro raised the speculations that the ECB might cut its cash rate in the near…
The prices of gold and silver bounced back on Wednesday. Their rally didn’t coincide with the depreciation of the Euro and other risk related currencies against the USD. Will gold and silver continue to rise? Currently gold and silver prices…
The prices of gold and silver shifted again in an unclear trend yesterday: gold inched down while silver rose. This unclear trend was also recorded in the currencies markets as the Euro appreciated against the USD while some other currencies…
The prices of gold and silver moved in an unclear trend as gold slightly rose while silver declined. This unclear trend was also recorded in the forex markets as the Euro depreciated against the USD while other risk related currencies…
The prices of gold and silver continued to rise last week. The rally of precious metals coincided with the appreciation of the USD against several currencies including the Euro and Canadian dollar, and the rise of other commodities such as…
Gold and silver continued to trade up last week; their rally coincided with the appreciation of the Euro and Canadian dollar again the USD and other commodities such as oil. The FOMC kept its policy unchanged. This news, however, seems…
The price of gold didn’t do much during January; silver price, on the other hand, bounced back from its tumble during December and rose during last month. The little movement in the price of gold on a monthly scale might…
The prices of precious metals changed course and tumbled down yesterday after they spiked on Wednesday. China’s manufacturing PMI (opens pdf) inched down to 50.4, which means the manufacturing sectors in China are expanding at a slower pace than in…
The prices of precious metals spiked yesterday along with other commodities and risk related currencies such the Euro and British Pound against USD. The unfavorable report regarding the contraction in the U.S economy – U.S GDP for Q4 declined by…