silver price forecast and outlook
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…
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…
The silver market has been cooling down in recent weeks. But will the upcoming minutes of the FOMC meeting jump start the silver market again? During last week, silver dropped again by 2.1%. The silver ETF iShares Silver Trust (SLV)…
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…
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…
Silver Wheaton (SLW) recently released its second quarter earnings report. The company fell short of reaching its quarterly goals at its earnings per share reached 18 cents, while the market estimates were at 20 cents a share. Moreover, the company’s…
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…
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,…
Silver Wheaton (SLW) has added more than 31% to its value during the year (up to date). Will its rally continue? Besides the progress in the silver market, the company’s performance in the past quarter could also impact its stock.…
The silver market continued to cool down last week. The recent economic reports from the U.S including the GDP, non-farm payroll and press release of the FOMC meeting may have contributed to the weakness in the silver market. Will the…