silver price forecast and outlook
The prices of gold and silver resume their downward trend as both precious metals’ prices tumbled down last week. The political developments in the U.S revolving approving the budget – that resulted in the current government shutdown – and raising…
Major commodities prices have mostly declined in the past week: Oil (WTI), gold and silver prices have declined in the past week and thus they have resumed their downward trend from the previous month. The many reports and events that…
The recent speculations around the potential progress in finding ways to end the U.S government shutdown may have contributed to the sharp rally of U.S stock market, US dollar and several commodities such as oil. On the other hand, gold…
The highly anticipated minutes of the FOMC meeting came out yesterday, and as many had expected, the minutes revealed that the recent no-taper decision from the September FOMC meeting wasn’t a clear cut decision. Some members thought it’s high time…
The prices of gold and silver remained nearly flat yesterday after they had rallied on Monday. Their low volatility might be related to the U.S government shutdown, which may have reduced the volume of trade in the financial markets. Moreover,…
The gold and silver market continues to seek direction and much like last week, prices of precious metals have changed direction from Friday and bounced back. Their recent rally coincided with the recovery of the Euro against the USD. The…
The precious metals market has stabilized in the past couple of weeks after the September FOMC meeting. This week, however, the publication of the minutes of that FOMC meeting could reignite the gold and silver market. Furthermore, the recent U.S…
Last week, leading commodities including oil and silver rallied. Conversely, other commodities such as gold and natural gas declined. The uncertainty around the progress of the U.S economy as the government shutdown continues may keep commodities moving in different directions.…
The prices of gold and silver didn’t do much yesterday as they both changed direction again and slipped on Thursday. Nonetheless, throughout the week both precious metals moved in an unclear trend as they zigzagged from gains to losses on…
Following the sharp drop in prices of bullion on Monday and Tuesday, precious metals changes direction and bounced back yesterday. Their rally was accompanied with the rise of the Euro against the USD. In Europe, ECB didn’t change policy and…