silver price forecast and outlook
The prices of gold and silver tumbled down on the first day of the week. This may have been a strong correction to the sharp rise in bullion prices on Friday. Their recent drop coincided wit the moderate drop of…
The prices of gold and silver remained nearly flat during most of the week; they only slightly rose on a weekly scale as the U.S holiday may have contributed to the low volatility in the markets. During last week it…
Last week’s slow pace in the financial markets won’t repeat next week, and many news items, decisions and reports will come to fruition. These include: U.S non-farm payroll report, ECB, RBA, BOC and BOE rate decisions, U.S, Canada, Australia and…
Gold and silver markets were closed in the U.S yesterday on account of the U.S holidays. Today the U.S markets will be open for half a day. This could mean low volume of trade and little movement in the forex,…
Gold and silver resumed their downward trend and declined again yesterday. Their recent fall may have partly been related to positive news from the U.S regarding jobless claims; the number of initial claims slipped by 10k to reach 316k –…
Gold and silver prices remained nearly unchanged yesterday as the price of gold inched up and silver slightly declined. Their stagnation in the past three business days may have to do with the U.S holidays that will start this weekend…
The prices of gold and silver plummeted in the past week to their lowest levels since July 2013.Will the recent freefall of gold and silver continue? Let’s examine the latest news that may affect gold (GLD) and silver (SLV) prices.…
Gold price continued last week’s downward trend and declined on Monday. Silver price remained nearly unchanged. The recent fall of gold coincided with the drop of the Euro and Aussie dollar against the USD. Nonetheless, the volatility of both precious…
The prices of gold and silver have resumed their downward trend last week, and they have plummeted to their lowest level in months. Their recent decline coincided with the weakness of several leading currencies such as Japanese yen and Aussie…
During last week, several leading commodities prices including gold and silver declined. Their recent tumble coincided with the recovery of the US dollar against leading currencies such as Aussie dollar, Japanese yen and Canadian dollar. In the upcoming week several…