silver price forecast and outlook
The gold and silver market continued to heat up and sharply increased yesterday. The recent non-farm payroll report didn’t meet expectations, which resulted in the depreciation of the USD against leading currencies and the recovery of gold and silver prices.…
The prices of gold and silver resumed their upward trend and rose again during yesterday’s trading. The gold market was very quiet on Monday as the volume of trade in the CME was the lowest since Christmas Day of 2012.…
The prices of gold and silver bounced back and spiked during last week. The U.S government shutdown ended with a short-term solution; the budget talks will continue with a revised deadline of January 15th; the debt ceiling was also pushed…
The U.S government is open for business but the big question remains for how long as the deadline on the budget talks and debt ceiling were pushed forward to mid January and early February, respectively. Until then, the reopening of…
The precious metals market reheated as the prices of gold and silver bounced back form their recent descent. The government shutdown ended with a short term solution as the budget talks will continue with a revised deadline of the middle…
Gold and silver prices continued their rally and spiked yesterday. In the forex market the USD sharply depreciated against leading currencies including Euro and Aussie dollar. Despite the deal that was struck between GOP and Obama regarding the debt ceiling…
The highly anticipated debt ceiling breach didn’t come as President Obama was able to pass in both houses the vote to raise the debt ceiling and partly fix the budget by reopening the government until mid-January. The debt ceiling will…
The prices of gold and silver continue to zigzag and yesterday both precious metals slipped. Their recent fall coincided with the strengthened against leading currencies such as Japanese yen and Euro. The recent news from the U.S government shutdown is…
The prices of gold and silver changed direction and started off the week on a positive note. The uncertainty around the U.S government shutdown and raising the debt ceiling is likely to keep affecting the volatility in the financial markets.…
Shares of Silver Wheaton Corp. (SLW) haven’t performed well in the past month: The stock fell by 16% since the beginning of September (up-to-date). The recent decline in the price of silver may have contributed to fall of this company’s…