silver price forecast and outlook
The gold and silver started off the week on a negative note as both precious metals prices resumed their downward trend from last week. Their recent fall, however, didn’t coincide with the appreciation of the Euro against the USD. The…
The prices of gold and silver continued their downward trend last week. Their recent fall coincided with the strengthening of the US dollar against the Euro. In the U.S, the Non- farm payroll report was released and was better than…
Major commodities prices have mostly decreased during last week including Oil (Brent), gold and silver prices. The recent U.S GDP and NF payroll report were better than anticipated, which contributed to the rally of the US dollar. Moreover, the decision…
The prices gold and silver changed direction again and slipped on Thursday. Their recent fall coincided with the depreciation of the Euro against the USD. The decision of ECB to cut down the cash rate to 0.25% – its lowest…
The gold and silver market remained nearly flat again as gold and silver prices slightly rose after they had declined a day earlier. But today and tomorrow precious metals and forex market could start to pick up especially if the…
The gold and silver market didn’t do much yesterday as both precious metals slipped again. Thus both gold and silver resumed their downward trend. Their recent fall coincided with the depreciation of the Euro and Canadian dollar against the USD.…
The gold and silver ended the month with a sharp fall in their prices. As a result the gains of gold and silver were erased on the last day of the month. The recent drop in gold and silver coincided…
The precious metals market hasn’t moved much and gold and silver prices remained nearly unchanged on a monthly scale. The FOMC meeting ended with no change in policy. But some analysts think the FOMC has left the door open on…
The prices of gold and silver changed direction and tumbled down last week. Their recent plunge coincided with the appreciation of the US dollar against the Euro and Aussie dollar. The FOMC meeting didn’t offer any new headlines, but some…
Last week, the FOMC meeting may have rekindled the speculations of tapering QE3 in December. The market reaction soon followed as the USD rallied and precious metals prices tumbled down. Looking forward, will the US dollar continue to rally? This…