Category: Gold

The Silver-Gold Relation Fell to a New Low

The price of silver continued to decline last week. Since the beginning of the month, silver lost 5% of its value. The changes in the foreign exchange market or gold seem to have little impact on silver. What could keep…

Gold and Silver Forecast for August 25-29

Precious metals prices fell again last week, as the USD pulled up. This week, the GDP for Q2 and PCE will be release in the U.S, which could impact the bullion market. The recent Jackson Hole Symposium ended with Yellen…

Financial Market Forecast for August 25-29

This week, the main U.S economic reports to be release are the GDP for the second quarter and the PCE. The core durable goods, consumer confidence and consumer sentiment will also be out during the week and may impact the…

Gold and Silver Forecast for August 18-22

Precious metals resumed their downward trend last week, while the USD and U.S equities rallied. Nonetheless, gold price is still up by 1.8% during August, up to date, but silver is down 4.3%. This week, the minutes of the FOMC…

Financial Market Forecast for August 18-22

Oil and natural gas continued to trade down on a weekly scale along with precious metals. These losses were recorded after the USD slightly recovered against leading currencies such as Euro and Yen and U.S equities traded up. On this…

What Is Keeping Down Silver?

The price of silver dropped again last week, even though gold rallied. Will gold pull back up silver in the near term? Let’s review the latest developments in the silver market and examine the main news that could stir up…

Gold and Silver Forecast for August 11-15

golden bar

Gold changed direction and bounced back mainly on Wednesday, while silver dwindled on a weekly scale. Moreover, on a monthly scale gold is up by over 2% and silver is down by a similar rate (up to date). What is…

Financial Market Forecast for August 11-15

The commodities markets moved in an unclear trend last week as oil remained nearly flat, natural gas bounced back, silver traded down and gold rallied. On this week’s agenda: U.S consumer sentiment, GDP reports for the second quarter from Japan,…