silver price forecast and outlook
The prices of gold and silver changed direction and plunged last week despite the modest depreciation of the U.S dollar against leading currencies. Will gold and silver resume their downward trend? For the week of June 2nd to 6th, the…
The price of silver tumbled down during last week. As a result, silver fell below $19 for the first time in nearly a year. This week, the non-farm payroll report and the ECB rate decision could stir up the precious…
The commodities market cooled down, while U.S equities rally during the previous week. This week, in the U.S several economic reports will be released including non-farm payroll, non-manufacturing and manufacturing PMI, factory orders and jobless claims. In Europe, ECB rate…
The silver market remained stagnate during last week. Due to this lack of movement, silver remained slightly below the $20 mark for the past month. Does the silver market bound to remain stagnate in the coming months? Let’s analyze the…
Gold and silver remained relatively flat during last week despite the appreciations of the U.S dollar against the Euro and Japanese yen. Will gold and silver start to show a shift in their flat line stance? For the week of…
This week several U.S related news items could stir up the markets again including: GDP for the first quarter of 2014, core durable goods, jobless claims, consumer confidence, and pending home sales. Canada’s current account and GDP by industry are…
The silver market hasn’t done well in recent months as the price of silver remained between $19 and $22. Nonetheless, investors, who believe the silver market is bound to recover in the near future, could consider silver oriented companies. Two…
The price of silver slightly increased in the past week. Despite this modest recovery, silver is still around $19 to $20. Will silver’s recent rally continue? Or will the upcoming release of the minutes of the last FOMC meeting drag…
Gold and silver slightly rose last week but on a monthly scale they are still nearly flat lined. Even the forex market also showed signs of unclear trend and the U.S rallied against the Euro but fell against the yen…
Leading commodities prices including oil and gold rallied last week; in the forex market the USD rallied against the Euro but depreciated against the Japanese yen and Canadian dollar. For the week of May 19th to May 23rd, several reports,…