silver price forecast and outlook
Precious metals market heated up on Monday after gold and silver prices haven’t done much during last week. The recent positive news of the growth in China’s manufacturing PMI while the U.S manufacturing has tumbled down may have helped pull…
The prices of gold and silver haven’t performed well during May. But looking forward, will gold and silver recover from their recent tumble. Let’s break down the upcoming events that may affect gold (GLD) and silver (SLV) prices and analyze…
Gold and silver haven’t performed well in the past several months. Will precious metals recover from their recent tumble? Some people still consider gold an investment worth having. The leading arguments aren’t surprising: Central banks are printing money, global debt…
Gold and silver didn’t do much on a weekly scale as gold inched up while silver slipped. Their unclear trend coincided with the developments in the currencies markets as the Euro rallied against the USD while the Aussie dollar and…
Major commodities including oil, silver and natural gas changed direction and fell during last week. Equities markets cooled down while the forex markets didn’t have a clear trend during last week. Will this unclear trend persist? In the upcoming week…
Precious metals continued to rally as gold and silver rates rose for the second consecutive day. In the U.S, jobless claims rose by 10k to reach 354k during the previous week; the second GDP estimate was published yesterday: the U.S…
The prices of precious metals changed direction and bounced back on Tuesday. Their recovery coincided with the decline in equity markets and the rally of leading risk related currencies such as Euro and Aussie dollar. In Europe, the recent monetary…
The prices of gold and silver resumed their downward trend and fell yesterday. In the U.S, consumer confidence sharply rose from 69 in April to 76.2 in May. The rise in the index may have helped pull up U.S equity…
The high volatility in the precious metals markets eased down during May after the high movement they have had during April. The recent publication of the minutes of the FOMC meeting from back in May and Bernanke’s testimony in Congress…
Bullion market slightly heated up last week as gold and silver prices rallied during last week. The recent cool down in stock markets in the U.S may have contributed to the recovery of precious metals. In the forex markets, the…