silver price forecast and outlook
The prices of gold and silver moved in an unclear trend during the past week; the speculations around this week’s FOMC meeting keep the bullion market with high uncertainty. Some analysts guess tapering will be announced in next FOMC meeting:…
The financial markets remain poised for the upcoming FOMC meeting, in which it will be decided whether the FOMC would announce of tapering QE3. The current expectations from analysts are that the Fed is likely to do so and start…
The gold and silver market continue to change direction with unclear trend: Yesterday both precious metals changed course and plummeted to their lowest level this week. The sharp rise earlier this week was erased. This unclear trend is likely to…
The prices of gold and silver sharply rose on Tuesday. This recent rise was the second consecutive rise in prices. The recent reached agreement between Ryan and Murray to avert a potential U.S government shutdown in January along with FOMC’s…
The prices of gold and silver bounced back on Monday from last week’s decline. This may have been a correction to the plunge in prices following the positive reports on the progress of the U.S economy. This week, only a…
The prices of gold and silver changed direction and sharply fell during last week. Despite their fall, during the week they have zigzagged with an unclear trend. During last week, several reports were released during the week that could influence…
The commodities markets shifted gear as energy commodities such as oil and natural gas rallied, while precious metals such as gold and silver tumbled down. The U.S reports that were published last week including GDP, NF payroll, manufacturing PMI, and…
Gold and silver changed direction and after they had declined in the first two days of the week, they have changed direction yesterday and rallied. Their recent recovery, however, might not last long and could continue to be part of…
Precious metals prices resumed their downward trend during November. The minutes of the penultimate FOMC meeting of the year revealed its members discussed the importance of conveying to the public that tapering QE3 (if and when it starts) won’t…
The prices of gold and silver continued their downward trend and slightly fell for the second consecutive day. Their decline didn’t coincide with the depreciation of the USD against the Euro and Aussie dollar. The Reserve Bank of Australia has…