silver price forecast and outlook
Gold and silver changed course and bounced back during last week. Their recovery coincided with the appreciation of leading currencies such as Euro and Japanese yen against the USD. Moreover, the recent fall of U.S equity markets may have also…
Precious metals changed direction and rallied on Thursday following the decline in the U.S equity markets. The sharp drop in the Japanese equity markets may have dragged down along with it the Japanese yen and other equity markets. In the…
Precious metals continued to trade down following the recent testimony of Bernanke and the publication of the minutes of the May FOMC meeting. The speculations around the Fed’s potential tapering of the QE3 program may have contributed to the fall…
Precious metals changed directions and fell yesterday. Their decline coincided with the rally of U.S equity markets. Conversely, the Euro and other leading “risk related currencies” also rose yesterday. Today, the Fed will publish the minutes of the April/May meeting.…
The bullion market has changed direction and rallied on the first day of the week after gold and silver rate plummeted last week. Will gold and silver continue to rally? The minutes of the recent RBA monetary meeting came out…
Gold and silver prices tumbled down again during last week. Will gold and silver continue to trade down this week? As I have stated in the recent precious metals weekly outlook, several publications, events and speeches will take place during…
Gold and silver continued to trade down during last week. Their sharp fall coincided with the depreciation of leading “risk related currencies” such as Euro and Aussie dollar against the USD. Moreover, the ongoing rally of U.S equity markets is…
The prices of gold and silver fell again yesterday. For gold this was the sixth consecutive business day in which it has declined. For silver it was the third straight day. Their decline coincided with the devaluation of the Euro…
Gold and silver tumbled down again during yesterday. Their plunge coincided with the devaluation of the Euro against the USD. Moreover, the ongoing recovery of the equities markets as seen with the rally of the S&P500 index and other indexes may…
Precious metals resumed their downward trend and fell during yesterday. The fall of gold and silver prices coincided with the drop of leading “risk related currencies” such as the Euro and Aussie dollar against the USD. In the equities markets…