silver price forecast and outlook
The prices of oil and natural gas took a noise dive last week, while precious metals rallied mainly by the end of the week. On this week’s agenda: Yellen testifies, Philly Fed index, U.S PPI, China’s GDP for the second…
Precious metals didn’t do much last week and their rally of the past several weeks seems to have reached an impasse. Yellen’s speech at the IMF had a dovish tone as she restated a rate isn’t likely to occur anytime…
The financial markets cooled down last week as oil prices declined and natural gas and precious metals remained nearly unchanged. This week, several economic reports will be released including minutes of the recent FOMC meeting, JOLTS, and jobless claims. In…
The silver market cooled down in the past couple of weeks as the price of silver remained at $21. But this month, the minutes of the last FOMC meeting and the next meeting could stir up the bullion market. During…
The gold and silver markets have made their biggest comeback since February of this year. Their rally may have stemmed by the escalations in Iraq and the latest FOMC meeting. But this rally didn’t lead to a sharp rise in…
The recovery of the price of silver slowed down in the past week; it finished the week above the $21 mark – silver’s highest level since mid-March. But the upcoming non-farm payroll report could change the course of this precious…
Gold and silver slightly rose last week and thus rallied in the past four consecutive weeks. During last week, the U.S GDP growth rate was revised down to -2.9%. This news may have contributed to the recovery of precious metals…
The energy commodities markets cooled down during last week as oil and natural gas prices changed course and fell. Precious metals remained virtually unchanged. This week, in the U.S several economic reports will be published including non-farm payroll, manufacturing and…
In the past several weeks the gold market has slowly recovered as the price of gold reached its highest level since mid-April. Nonetheless, the demand for gold ETFs ETFs keeps slowly contracting. Is the gold market heating up? Also, how…
The silver market continued to heat up last week and thus closed a third straight week of gains. The latest FOMC meeting concluded with no significant changes to its policy but the overtone of the FOMC statement and Chair Yellen’s…