gold price forecast and outlook
Gold and silver edged up on Wednesday after they had declined during the first two days of the week. The bullion market continues to seek direction as both metals nearly didn’t change during the month. The U.S CPI remained unchanged…
Gold and silver declined again for the second straight day. Will this weakness in the bullion market continue? The Euro Area GDP contracted during the second quarter of 2012 by 0.2%. This news may have contributed to the decline of…
Gold and silver, much like many other commodities, changed direction from last week and declined on Monday. The speculations around the future plans of ECB and Bank of China in regards to their respective stimulus plan could continue influencing bullion…
During last week gold and silver prices edged up. There weren’t too many events that affected the bullion or forex markets. There were several reports that came out during the week but none of them seem to have a substantial…
Gold and silver prices continued to seek direction as both precious metals edged up on Thursday. These metals rose despite the decline of the Euro and perhaps due to the appreciation of other “risk currencies” including Aussie dollar and Canadian…
Precious metals prices, much like many other commodities, continue to zigzag with an unclear trend. This could be, among others, due to the London Olympics that shifted the attention of many traders to this prime even. The price of gold…