silver price forecast and outlook
Gold and silver bounced back mainly by the end of the week following the lower than expected rise in new jobs. According to the latest NF payroll report, only 74k jobs were added in December, which was lower than anticipated.…
The financial markets heated up as most stocks markets and commodities rallied during last week. The lower than expected number of jobs added in the U.S during December, according to latest NF payroll report, didn’t stop commodities and stocks to…
The gold and silver market remained relatively flat as precious metals investors continue to get mixed signals regarding the future plans of the FOMC on its monetary policy, which tends to influence bullion traders. The minutes of the FOMC meeting…
The prices of gold and silver didn’t do much in the past several days and only slowly declined. The recent publication of the minutes of the December FOMC meeting rekindled the conversation about the upcoming future tapering of the Fed.…
The price of silver declined in the past month. Will silver bounce back in the coming weeks? Let’s examine the recent news that may affect silver (SLV). The drop in silver price has also reflected in the decline in demand…
The prices of gold and silver slowly rose during the part several days. The low volume of trade may have contributed to the recovery of gold and silver. This could change in the coming days as the volume is likely…
Gold and silver moved in an unclear trend during last week. But on a weekly scale they have finished higher than the previous week. Several U.S reports were released last week that provided a mixed signal regarding the progress of…
Last week’s slow pace in the financial markets due to the holiday season won’t resemble this week’s pace. This upcoming week will be packed with many news items, decisions, reports and events that could stir up the financial markets again.…
The last FOMC meeting of the year ended with a mini-taper of $10 billion so that quantitative easing 3 will continue to purchase $75 billion a month of LTS and MBS. This decision may have had a moderate adverse effect…
The holiday season is behind us and the markets are likely to slowly weaken from their two week slumber. The prices of gold and silver declined during the week and might change direction in the coming days. On today’s agenda:…