silver price forecast and outlook
Gold and silver inched down during last week, despite their sharp rally at the first couple of days. Bernanke remained dovish in his testimony at the Hill vis-à-vis the Fed’s monetary policy; he kept defending it and stating this expanding…
Gold and silver continued to trade down for the second consecutive day. The recent news from U.S: GDP for Q4 expanded by 0.1%; this was a correction to the preliminary estimate in which the GDP was reported to have dropped…
The prices of gold and silver changed direction and fell after they had increased at the first couple of days of the week. After Bernanke’s testimony in the Senate, he turned to the House of Representatives yesterday. Bernanke remained about…
The prices of both gold and silver continued to rally yesterday. Thus, they have completed a two day rise in prices. Their rally, however, didn’t seem to coincide with the developments in the forex markets as many risk currencies such…
The bullion market shifted gear and both gold and silver bounced back yesterday, following their plunge during last week. The Italian elections resulted in a deadlock which may have led to the weak Euro. This news, however, didn’t seem to…
The prices of silver and gold continued to tumble down during last week. Their downward trend may have been ignited by publication of the minutes of the FOMC meeting that raised the speculation around the future steps of the FOMC…
Gold and silver prices continued to trade down during last week. The speculations around the future moves of the FOMC regarding its monetary policy including the QE3 program time-frame may have contributed to the rise in the bearish market sentiment…
Major commodities prices including oil, gold and silver continued to trade down during last week; major currencies pairs including the Euro and Canadian dollar also decrepitated against the USD during last week. Will commodities prices continue to decline next week?…
The prices of precious metals didn’t do much yesterday and inched up after they had plummeted a day earlier. Their modest gain was despite the decline of the many “risk related currencies” such as Euro and Aussie dollar against the…
The prices of gold and silver tumbled down yesterday. Their sharp fall coincided with the depreciation of the many “risk related currencies” such as Euro and Aussie dollar against the USD and other commodities prices such as crude oil. Nonetheless,…