silver price forecast and outlook
Gold and silver moved sideways during the previous week only to slightly rise on a weekly scale. The economic reports that were released last week showed a modest slowdown in the U.S and may have contributed to the modest rise…
The forex and commodities markets didn’t move in a clear direction last week but this is likely to changes in this fully packed week ahead of us. This week many news items, decisions, speeches, press conference and events could affect…
The price of silver changed direction and declined during last week. Moreover, gold also declined by a similar rate. Will silver bounce back from its recent fall? Let’s examine the recent news that may affect silver and the silver ETFs.…
The precious metals market cooled down last week. Last week, the FOMC Chair Janet Yellen talked about the Federal Reserve’s policy and reassured that the Fed will maintain the low rate even if the U.S economy reaches the FOMC’s targets…
The energy commodities markets mostly heated up including oil and natural gas; precious metals cooled down following the positive reports from the U.S regarding this economy’s progress; in the forex market the USD rallied against leading currencies including Euro and…
The price of silver remained nearly unchanged during last week. On the other hand, gold bounced back following the release of the minutes of the last FOMC meeting. Will silver resume its rally anytime soon? Or will it tumble down?…
The gold and silver market rallied again during last week. The bullion market’s recovery was partly due to the recent depreciation of the U.S dollar against leading currencies. The minutes of the March FOMC meeting were released and opened the…
The commodities markets heated up as oil, natural gas and precious metals rallied during last week. This week several reports, speeches and publications will come to fruition including: U.S retail sales, China’s GDP for the first quarter, Janet Yellen’s speech,…
The price of silver changed direction and rallied during last week. Is silver bound to recover anytime soon? Let’s examine the recent news that may affect silver and the silver ETFs. The modest recovery of silver has reflected in the…
The gold and silver market slightly recovered during last week. The recent non-farm payroll report, in which 192 jobs were added during March, was an improvement from previous months but wasn’t better than expected. The rate of unemployment remained flat…