gold price forecast and outlook
The prices of gold and silver changed direction and after they had declined on Monday, they have both edged up on Tuesday. The markets in NY remained closed during yesterday but the CME is expected to open today its trading…
The prices of gold and silver started off the week on a negative note as both declined on Monday. Will precious metals continue their downward trend during the week? Hurricane Sandy will keep the trading in New York closed. The…
Gold and silver edged down during last week. Will precious metals trade down during this week? Hurricane Sandy is expected to reach the East Coast including Washington, Philadelphia, New York and New Jersey by late Monday or early Tuesday. CME…
The recent FOMC meeting didn’t seem to affect much the prices of gold and silver during last week, as the FOMC left its monetary policy unchanged. On a weekly scale, both gold and silver edged down. Several U.S reports may…
Precious metals price changed direction and declined during most of last month. Despite the commencement of QE3 by the FOMC it didn’t seem to affect much the prices of gold and silver. This news may, however, start affecting the prices…
The prices of gold and silver changed direction and rallied yesterday after they had declined in the past couple of days. Their rally coincided with the recovery of other commodities prices and stock market. The British economy (GDP) expanded by…
As many had anticipated the FOMC kept its policy unchanged but stated its concern regarding the still elevated unemployment. Gold and silver continued to trade down yesterday along with other commodities including oil and natural gas. Yesterday, it was reported…
Gold and silver changed direction again and tumbled down along with other commodities such as oil and stock indexes. Further, this fall coincided with the deprecation of the Euro and other “risk currencies” against the USD. Today the FOMC meeting…
Gold and silver bounced back from their tumble during last week and started off the week rising. This rally coincided with the slow recovery of the Euro and other “risk currencies” against the USD. Today the FOMC meeting will start.…
Gold and silver declined during last week. Will precious metals continue their downward trend this week? As I have indicated in the precious metals weekly outlook, the main events of the week will revolve around the next FOMC meeting that…