silver price forecast and outlook
Gold and silver continue seek direction as both metals changed direction and declined yesterday. Precious metals’ fall coincided with the decline in other related markets such as crude oil and stocks. Bernanke’s speech referred to the importance of Congress to…
Gold and silver changed direction again and sharply increased yesterday. Precious metals’ rally coincided with the rise in other related markets such as oil, stocks, and Euro. The renewed optimizing regarding the progress of Congress in dealing with the fiscal…
Gold and silver changed direction again and slightly declined during last week. Despite the sharp shifts in the prices of gold and silver in recent weeks, they have moved with an unclear trend. Will gold and silver bounce back this…
The prices of gold and silver changed direction again last week and edged down. Moreover, the high volatility of precious metals from the beginning of the month has eased down during last week. Will this low volatility continue during this…
The prices of gold and silver declined yesterday. A few U.S reports were published yesterday: the U.S CPI edged up by 0.1%; the Philly Fed survey showed the manufacturing have deteriorated mainly due to the adverse effect of Hurricane Sandy.…
The prices of gold and silver changed direction and increased yesterday. The recent publication of the minutes of the FOMC meeting from back in October didn’t offer much insight regarding the next move of the FOMC. A couple of U.S…
The prices of gold and silver slightly declined again for the second consecutive day. The low volatility was in other markets including oil, stocks and forex. The recent Euro Summits were concluded with no big headlines regarding Greece’s debt crisis.…
Gold and silver remained virtually unchanged on the first day of the week as the Euro, Yen and other currencies remained unchanged yesterday. Yesterday’s Euro-group meeting was concluded with little headway as the EU ministers of finance approved Greece’s budget…
Gold and silver changed direction and rallied during last week. Will precious metals continue to rise during this week? As I have pointed out in the precious metals weekly outlook, there are several events and reports that could affect the…
The prices of gold and silver changed direction again and bounced back on Thursday along with other commodities prices including crude oil and natural gas. Yesterday, U.S jobless claims update came out: number of jobless claims declined by 8k to…