Category: Gold

Weekly Outlook of Financial Markets for July 2-6

Following the decision in the EU Summit that took many by surprise the commodities prices including gold, silver and oil changed direction from Thursday and hiked on the last day of the month. The Euro also bounced back and dragged…

Gold & Silver Prices – Daily Outlook June 29

Gold and silver prices tumbled down yesterday along with many other commodities rates and U.S stock markets. This negative sentiment is likely to shift as the EU Summit concluded yesterday with a decision to establish a united supervisory mechanism for…

Gold & Silver Prices – Daily Outlook June 28

Gold and silver prices didn’t do much yesterday as gold edged up while silver slipped. The rise in U.S pending home sales index and U.S core durable goods as indicated in their respective reports, may have contributed to the rise…

Gold & Silver Prices – Daily Outlook June 27

Gold and silver prices continue to zigzag from gains to losses: yesterday both precious metals declined. This fall came after both metals hiked on Monday. The fall in the U.S consumer confidence survey didn’t seem to affect the financial markets…