silver price forecast and outlook
The prices of gold and silver resumed their upward trend at the end of last week following the FOMC meeting. The FOMC’s statement had a general dovish overtone; Chair Yellen also kept the tight lid on the Fed’s future plans…
Last week’s FOMC meeting concluded with more dovish tone than many had expected. This news may have contributed to the recovery of precious metals and slightly rally of the USD. This week, several key reports will be released that could…
In the past couple of weeks, the silver market has slowly recovered, which raised the interest of some investors to consider silver related assets such as Shares Silver Trust (NYSEMKT:SLV). For such investors, Silver Wheaton (NYSE: SLW) may offer several…
The price of silver rallied for two consecutive weeks. Despite this recent recovery, silver is still around $19. This week, the FOMC meeting could stir up the bullion market and perhaps even curb down the recent recovery of silver. The…
Gold and silver resumed their upward trend and rallied for the second week in a row. The rise in violence in Iraq may have contributed to the rally of not only oil but also assets, which are considered safe haven…
Leading commodities markets heated up again in the past week as the prices of precious metals, natural gas and oil rallied. This week, the main event of the week will revolve around the upcoming FOMC meeting and press conference. Several…
Silver Wheaton (NYSE: SLW), the world’s largest silver streaming company, has recently announced it joined the World Gold Council. Does this mean, the company’s gold operations take a much higher portion of its sales in the coming years? In other…
Gold and silver bounced back last week despite their modest fall on Friday following the released of the NF payroll report, in which 217K jobs were added during May – inline with markets projections. Even the decision of the ECB…
The commodities and forex markets remained relatively unchanged last week as the prices of precious metals, natural gas and oil slightly moved. This week, many news items of the agenda including: U.S PPI, China’s industrial production, U.S JOLTS report, EU…
During most of May the bullion market was in its early summer slumber, but by the end of the month both gold and silver took a dive and finished May in the red. The FOMC’s next move regarding its interest…