The gold market has cooled down in the past year and half. The belief that gold will always go up persists. Does it still worth investing in gold? Is it still a good investment? Let’s see if it’s time to…
Is it Time to Sell Gold?
Category: Quantitative Easing
Gold and Silver Prices Outlook for March 25-29
Gold and silver continued to zigzag in an unclear trend during the previous week despite the many news items on last week’s agenda: The recent news from Cyprus is that its parliament passed on the bailout plan, which isn’t likely…
Weekly Outlook of Financial Markets for March 18-22
Major commodities including crude oil gold and silver didn’t do much during last week. Moreover, major currencies pairs such as the Euro/USD also were little changed during the previous week. The upcoming week might bring along with it a rise…
Is This Gold Producer Able to Rally in 2013?
Shares of Barrick Gold Corporation (NYSE: ABX) continued their downward trend from 2012 and lost almost 12% of their value in 2013 (year-to-date). Barrick along with Goldcorp Inc. (NYSE: GG) have decided to report the full costs of their productions…
Bernanke Remains Dovish – Gold and Silver Rally
The Chairmen of the Federal Reserve Ben Bernanke testified today in before the January FOMC meeting. In his testimony Bernanke remained dovish regarding the FOMC monetary policy. He stated that the current policy of low interest rates and asset purchase…
Will The Gold Market Continue to Cool Down?
The price of gold has started off the year on a negative note and has lost nearly 3.9% of its value (year to date). Major gold companies have suffered from the weakness in the gold market and might continue to…
Gold and Silver Outlook for February 2013
The price of gold didn’t do much during January; silver price, on the other hand, bounced back from its tumble during December and rose during last month. The little movement in the price of gold on a monthly scale might…
Gold and Silver Prices Outlook for January 28 – February 1
The prices of precious metals shifted gear again and this time declined last week along with the decrease of certain currencies against the USD such as Canadian dollar, yen and Aussie dollar. The recent news of the hike in the…
Gold and Silver Prices Outlook for January 21-25
The prices of precious metals resumed their upward trend during most of last week despite the depreciation of major “risk related currencies” against the USD. Bernanke’s speech from last week didn’t seem to influence traders. I guess we will have…
Gold and Silver Prices Outlook for January 2013
Precious metals prices resumed their downward trend during December. This downward trend, however, was less related to the movement of the USD or the changes in other commodities prices and was plausibly related to other factors. These factors could include…