gold price forecast and outlook
Gold and silver bounced back and slightly increased yesterday after they had declined during most of the days in the past couple of weeks. The recent U.S jobless claims report showed a drop of 12k in jobless claims to reach…
Gold and silver continued to slowly change during recent days. The recent attempts of President Obama to reach an agreement with Congress regarding to avoid the fiscal cliff didn’t seem to impress investors of bullion up to now. Will gold…
The prices of gold and silver haven’t performed well in 2012. Moreover, both gold and silver haven’t increased much in the past couple of years. Is it all over for precious metals? Is the global economy doing much better in…
Gold and silver remained virtually unchanged in the Asian markets during yesterday and only slightly declined. As the year is coming closer to its end, the U.S is getting closer reaching the fiscal cliff. The talks on the Hill regarding…
Gold and silver sharply fell again during most of last week. As the year is winding down and the U.S is getting closer to the fiscal cliff, the debates during this week between the White House and Congress could contribute…
The prices of gold and silver fell during last week. As the year is winding down and the concerns revolving the fiscal cliff might result in a rise in the volatility of precious metals. Furthermore, in the past couple of…
The prices of gold and silver tumbled down again for the third consecutive day. The recent U.S reports showed signs of progress. U.S GDP growth rate was revised up to 3.1%; Philly Fed index bounced back in the December survey;…
The prices of gold and silver continued their downfall as both metals declined again yesterday for the second consecutive day. The recent U.S housing report showed little change in the housing market and thus may also have a moderate effect…
The prices of precious metals resume their downward trend as both gold and silver sharply fell. The recent tumble in precious metals, however, didn’t coincide with the recent depreciation of the USD. The talks between President Obama and House Speaker…
The prices of gold and silver remained virtually unchanged on Monday. The low volatility was also in other commodities and forex markets. There seems to be some progress in the talks between President Obama and House Speaker Boehner in tackling…