silver price forecast and outlook
The prices of silver and gold moderately increased yesterday. Their modest rally coincided with the rise in major risk related currencies against the USD including Euro and Aussie dollar. Will gold and silver continue to slowly rise? Currently precious metals…
The prices of silver and gold slightly rose during last week. The main financial events last week including: the ECB press conference, in which ECB President Mario Draghi maintained his optimism regarding the progress of the EU, and the sharp…
Gold and silver changed course and slightly increased during last week. Their modest rally coincided with the rally of other commodities and stock markets and despite the moderate depreciation of leading currencies against the USD. Last week, ECB left the…
The prices of major commodities including natural gas, crude oil gold and silver changed course and rallied on a weekly scale; major currencies pairs including the Euro and Canadian dollar slightly depreciated against the USD during last week. Will commodities…
The prices of gold and silver remained virtually unchanged again. The recent decision of ECB to keep its rate unchanged may have contributed to the sharp gain in the Euro against leading currencies including the USD. Other leading risk currencies…
The recent monetary policy meetings of Bank of Canada and Bank of Japan didn’t lead to any big changes as both banks left their respective policy unchanged. Bank of Japan members voted against stepping up the asset purchase program. Bank…
The prices of precious metals slightly rose again for the second straight day. The volatility might pick up as the week will progress as the main events and reports of the week will come into fruition by then. The main…
The rates of silver and gold remained virtually unchanged on the first of day of the week. In Australia, RBA left its policy unchanged and didn’t cut its cash rate. Governor Stevens was upbeat about the rise in capital expenditures.…
The prices of silver and gold didn’t do much during last week: both metals started off the week rising, but they have changed course and tumbled down during the second part of the week. One of the main events last…
Gold and silver prices resumed their downward trend during February. Their performance in the second month of the year was the worst since May 2012 – back then gold fell by 6% and silver by 10.5%. Moreover, during last month,…