silver price forecast and outlook
This high volatility in the past few days is likely to wind down this week as the holiday season is upon us. Nonetheless, several key economic reports are expected to be released in the first few days of the week…
The upcoming FOMC meeting could result in shares of iShares Silver Trust (SLV) changing course and falling after they had rallied in the past couple of weeks. Let’s examine the upcoming FOMC meeting and state of the U.S. economy and…
Gold and silver resumed their recovery again, while the U.S. dollar sell offs against leading currencies took place. This week, however, the highly anticipated FOMC meeting could stir up the bullion market again and perhaps even change its direction. This…
The U.S. dollar huge sell-offs, precious metals recovered and crude oil resumed its downward trend. The high volatility is likely to continue this week as the last FOMC meeting will unfold. This time, the FOMC meeting will include an update…
The recovery of iShares Silver Trust (SLV) came to halt after the non-farm payroll showed a higher than expected gain in number of jobs added to the U.S. economy. This week’s JOLTS report and the ECB’s TLTRO are among the…
The bullion market showed high volatility as gold and silver rallied during most of the week until the end when the non-farm payroll report showed a higher than expected gain in number of jobs. This week the JOLTS report will…
The recent NFP payroll report showed a higher than expected gain of 321K jobs in November. This news was enough to bring down gold and silver and pull back up U.S. dollar against the yen and Aussie dollar. Â Looking forward,…
The recovery of precious metals came to halt last week as both gold and silver prices tumble down by around 2% and 5%, respectively. This week the main report of the week is the NF payroll report, which could impact…
Following the thanksgiving break, the markets will start working normal again. This week, the NF payroll report will take center stage in the U.S. Other financial reports from the U.S. include manufacturing PMI, factory orders and trade balance monthly updates.…
The price of iShares Silver Trust (SLV) slightly rallied in the past couple of weeks. Let’s examine the recent developments related to SLV including China’s rate cut, and the progress of the U.S. economy. U.S. Growth and SLV The second…