silver price forecast and outlook
The commodities markets slowed down last week; in the forex market the U.S dollar slightly depreciated against the Euro. This week will be packed with many news items, decisions, reports and events that could affect the commodities and forex markets.…
Silver Wheaton (NYSE: SLW) has benefited from the recent recovery of silver as shares of the company rallied by more than 26%, year to date. Until the company will release its fourth quarter earnings report and 2014 guidance by the end…
The price of silver rose during last week and reached its highest level this year. Will the silver market continue to rally? Let’s examine the recent news that may affect the price of silver (SLV). The recent recovery of the…
Silver and gold rallied again during last week. The recent U.S reports may have contributed to the slow recovery of precious metals: housing starts and building permits fell by 16% and 5.4%, respectively, during January; existing home sales dropped to…
The commodities markets continued to recover last week; in the forex market the Euro slightly appreciated against the USD. This week several reports will come out and may affect commodities, equities and forex markets; these include: EU economic outlook, U.S…
The price of silver continued to rise in the past couple of weeks and reached its highest level since November 2013. Will the silver market continue to heat up or will it slow down? Let’s analyze the recent news that…
Gold and silver continued to rally last week following the ongoing slowdown in the U.S: retail sales declined by 0.4% during January; industrial production declined by 0.3% in January. Finally, jobless clams rose by 8k to reach 339k. Janet Yellen,…
The prices of leading commodities rallied during the past week. Moreover, the US dollar also depreciated against leading currencies such as Euro, Japanese yen and Aussie dollar during last week. In the upcoming week several reports, decisions and events will…
The price of silver rallied during last week. Will silver market continue to heat up? Let’s examine the recent news that may affect silver (SLV). The recent recovery of silver has also reflected in the rise in demand for leading…
Gold and silver recovered last week following the news of the slow progress of the U.S economy: Nonfarm payroll employment rose by only 113k jobs; the manufacturing PMI decreased by 5.2 percentage points to 51.3 – this means the manufacturing…