silver price forecast and outlook
Gold price continued to slowly recover during last week, while silver changed course and fell. The weakness in the equities markets and the depreciation of the US dollar against the Euro and Japanese yen may have contributed to the rally…
The forex and commodities markets demonstrated high volatility during the past week This week several reports will be released and may affect commodities, equities and forex markets; these include: FOMC meeting, U.S new and pending home sales, U.S GDP for…
The prices of gold and silver changed course and after a two day fall, they have bounced back on Thursday. Their recent rally coincided with the sharp appreciation of leading currencies against the USD including Euro and Japanese yen. In…
The prices of gold and silver started off the week on a negative note and slipped on Tuesday. Moreover, the volume of trade also picked up after the markets were closed on Monday. Will gold and silver change direction again…
Shares of Silver Wheaton Corp. (SLW) have kicked off the year on a positive note as they have rallied by more than 10% (up-to-date). Further, the price of silver has increased by nearly 5% during January; the price of gold…
Gold and silver continued to slowly recover during last week following their tumble in December. The current low volatility in the bullion market might continue until the next FOMC meeting at the end of January will take place. This meeting…
The prices of leading commodities didn’t move much in the past week. On the other hand, the US dollar sharply appreciated against leading currencies such as Euro, Japanese yen and Aussie dollar during last week. During the upcoming week several…
The prices of gold and silver changed course and slowly declined in the past couple of days. Their recent fall coincided with the depreciation of several leading currencies such as Euro and Aussie dollar against the US dollar. In the…
The price of gold rallied in during last week. Moreover, on a monthly scale gold is up by 3.7%. The recent disappointing non-farm payroll report may have lowered the odds of the FOMC tapering further its asset purchase program in…
The prices of gold and silver rallied in the past three business days and slowly recovered from their sharp drop in the prices of precious metals during December. The low volatility is likely to continue in the coming days. On…