silver price forecast and outlook
The Fed Published the minutes of the recent FOMC meeting, which was held at the end of July. The minutes revealed that the Fed might be closer, than many (including me) had anticipated, to issuing another quantitative easing plan in…
Gold and silver prices, much like the Euro, hiked on Tuesday as many forex and bullion traders anticipate the ECB bond purchasing program will commence in the near future. There are also speculations on whether the People’s Bank of China…
Gold and silver prices bounced back and, unlike many other commodities and currencies, rose on Monday. Despite yesterday’s rise, I still suspect bullion rates will trade down during the week. There are still talks around the future steps of ECB…
The prices gold and silver moved with an unclear trend during last week, but I suspect bullion rates might trade down during the week. As I have pointed out in the precious metals weekly outlook the main events of the…
During last week gold and silver prices didn’t do much as gold slipped while silver edged up. There were several reports that were published but none of them seem to have had a substantial impact on precious metals: the Philly…
Gold and silver, much like many other commodities, rose again on Thursday and thus completed a second straight day of gains. The U.S housing starts declined during June while the number of building permits increased. U.S. jobless claims remained nearly…
Gold and silver edged up on Wednesday after they had declined during the first two days of the week. The bullion market continues to seek direction as both metals nearly didn’t change during the month. Â Â The U.S CPI remained unchanged…
Gold and silver declined again for the second straight day. Will this weakness in the bullion market continue? The Euro Area GDP contracted during the second quarter of 2012 by 0.2%. Â This news may have contributed to the decline of…
Gold and silver, much like many other commodities, changed direction from last week and declined on Monday. The speculations around the future plans of ECB and Bank of China in regards to their respective stimulus plan could continue influencing bullion…
During last week gold and silver prices edged up. There weren’t too many events that affected the bullion or forex markets. There were several reports that came out during the week but none of them seem to have a substantial…