silver price forecast and outlook
The prices of gold and silver changed direction and rallied during last week. The low volume of trade kept the prices of gold and silver with little movement. On a weekly scale, however, both precious metals have rallied. The price…
The holiday season will continue next week, which means only a few reports will be released during the week. Nonetheless, the forex and commodities markets could demonstrate high volatility due to the low volume of trade. This week several reports…
Following last week’s FOMC decision to mini-taper QE3 by $10 billion, the markets have calmed down this week. Further, the holiday season in the U.S and Europe has curbed down the volatility in the commodities, forex and stock markets. This…
Shares of Silver Wheaton Corp. (SLW) have sharply decreased during December: The stock fell by 5.8% since the beginning of the month (up-to-date). The weak silver market especially after last week’s FOMC decision to taper QE3 by $10 billion is…
The prices of gold and silver resumed their downward trend during last week. The FOMC’s decision to taper QE3 by $10 billion to $75 billion crowded out the other headlines from the FOMC press conference including the talks about keeping…
During last week, the markets moved in high gear as the anticipated FOMC meeting concluded with a mini-tapering of $10 billion so that next month’s QE3 will only be of $75 billion LTS and MBS. Moreover, the FOMC also assured…
The FOMC may have concluded its meeting and announced its changes to policy on Wednesday evening, but the sharp drop in prices of gold and silver only came on Thursday. In other news: The U.S jobless claims rose by 10k…
The FOMC ended their last meeting of the year with the decision to taper QE3 by $10 billion. This means, the asset purchase program declined to $75 billion per month starting next month. The FOMC reduced $5 billion from each…
The prices of gold and silver changed direction and fell on Tuesday. Nonetheless, on a monthly scale both precious metals haven’t done much and only slightly declined. The upcoming FOMC statement and outlook are likely to affect the developments in…
The prices of gold and silver resumed their rally and rose again for the second consecutive day. This trend, however, might change direction if the Fed announces tomorrow the tapering of its asset purchase program. Today the FOMC starts its…