silver price forecast and outlook
Gold and silver prices remained virtually unchanged during March. The latest developments in Cyprus dragged down the Euro but didn’t seem to influence much bullion traders. The increase in U.S money base, partly due to the FOMC’s QE3 program, doesn’t…
The prices of gold and silver started off the month of April the same way they have ended March: with an unclear trend. Specifically, the price of gold inched up while silver continued to decline. In the forex market many…
The prices of gold and silver slightly decreased again during last week. Cyprus’s bailout news may have contributed to the depreciation of the Euro but didn’t pull up safe haven investments such as gold. Will precious metals continue to decline…
Gold and silver resumed their downward trend and slightly declined during most of last week. The latest developments, which stir up the Euro and other risk related currencies, from Cyprus were that uninsured deposits will suffer a haircut of 60%.…
The prices of energy commodities including crude oil and natural gas rallied last week while precious metals slipped. The developments in the forex markets including the whole Cyprus bailout didn’t seem to affect the commodities markets and didn’t raise the…
The prices of gold and silver moved in differed directions on Wednesday. Gold price slightly increased while silver edged down. The speculations around Cyprus’s bailout may have contributed to the decline of the Euro and the rise of gold price…
Gold and silver slightly declined on Tuesday. On the other hand, other commodities prices such as oil prices and the stock market indexes such as S&P500 rose during yesterday. The shift in market sentiment towards bullish may have contributed to…
Gold and silver started off the week with little movement as gold edged down while silver slightly rose. The recent new from Cyprus didn’t seem to affect much the demand for safe haven investments. Bernanke gave a speech yesterday in…
Gold slightly increased again during last week. On the other hand, the price of silver slipped. The recent developments in Cyprus raised the demand for safe haven investments at the beginning of the previous week. Over the weekend, the E.U…
Gold and silver continued to zigzag in an unclear trend during the previous week despite the many news items on last week’s agenda: The recent news from Cyprus is that its parliament passed on the bailout plan, which isn’t likely…