silver price forecast and outlook
Gold and silver resumed their downward trend and tumbled down yesterday. Their fall coincided with the depreciation of several currencies against the USD including Euro. Following Tuesday’s reports that showed growth in the U.S economy, yesterday the last update of…
Precious metals had a slow start this week as both gold and silver remained nearly unchanged. This slow movement may dissipate as the week will progress. Yesterday, several U.S reports came out and all showed growth: Consumer confidence for June…
After last week’s plunge in gold and silver prices, precious metals continued this trend and fell on the first day of the week. The Fed’s next move seems to keep precious metals’ high sales. Will gold and silver bounce back…
Shares of Royal Gold, Inc. (NASDAQ: RGLD), much like many other gold companies’ stocks, haven’t performed well during 2013 (up to date) as they tumbled down by more than 35%. Nonetheless, Royal Gold’s business model is different than other gold…
During the previous week, gold and silver tumbled down. The main event of last week in the U.S was the FOMC statement. The FOMC kept policy unchanged but in the press conference that followed the statement, Bernanke stated the Fed…
The two main events of the past couple of days may have contributed to the sharp fall of equities and commodities. These events include: The FOMC hinting it may ease down QE3 in the coming months; China’s credit squeeze, in…
Gold and silver remained flat during most of the day but the latest press conference of the Fed stirred up the forex markets. Gold and silver are currently trading sharply down – gold fell below the $1300 mark for the…
Precious metals much like many other commodities and currencies pairs haven’t done much yesterday as both gold and silver slightly declined. Other currencies including the Aussie dollar and Canadian dollar also slightly fell against the USD. Yesterday, U.S housing data…
Gold and silver prices haven’t dome much in the past several days as precious metals traders are waiting for to see what the Fed will do next. Today the FOMC meeting will commence will conclude tomorrow with a statement and…
The prices of gold and silver haven’t done much during last week as they moved in an unclear trend. Next week, however, the precious metal market might stir up as the FOMC will convene and decide to any changes to…