During most of May the bullion market was in its early summer slumber, but by the end of the month both gold and silver took a dive and finished May in the red. The FOMC’s next move regarding its interest…
Gold and Silver Forecast for June
Category: Silver
Gold and Silver Forecast for June 2-6
The prices of gold and silver changed direction and plunged last week despite the modest depreciation of the U.S dollar against leading currencies. Will gold and silver resume their downward trend? For the week of June 2nd to 6th, the…
What Could Bring Down Silver?
The price of silver tumbled down during last week. As a result, silver fell below $19 for the first time in nearly a year. This week, the non-farm payroll report and the ECB rate decision could stir up the precious…
Financial Market Forecast for June 2-6
The commodities market cooled down, while U.S equities rally during the previous week. This week, in the U.S several economic reports will be released including non-farm payroll, non-manufacturing and manufacturing PMI, factory orders and jobless claims. In Europe, ECB rate…
Gold And Silver | Recap for May 26-30
The stagnation in the bullion market was erupted this week as the prices of gold and silver mainly on Tuesday. Their recent fall coincided with the ongoing recovery of U.S equities markets. Even the negative news about the U.S GDP…
Will Market Sentiment Move Silver Prices?
The silver market remained stagnate during last week. Due to this lack of movement, silver remained slightly below the $20 mark for the past month. Does the silver market bound to remain stagnate in the coming months? Let’s analyze the…
Gold and Silver Forecast for May 26-30
Gold and silver remained relatively flat during last week despite the appreciations of the U.S dollar against the Euro and Japanese yen. Will gold and silver start to show a shift in their flat line stance? For the week of…
Financial Market Forecast for May 26-30
This week several U.S related news items could stir up the markets again including: GDP for the first quarter of 2014, core durable goods, jobless claims, consumer confidence, and pending home sales. Canada’s current account and GDP by industry are…
Gold And Silver | Recap for May 19-23
Gold and silver kept their stagnation as prices didn’t move much on a weekly scale. The recent release of the minutes of the FOMC didn’t stir up the markets as FOMC members didn’t change by much their economic outlook or…
Choosing a Silver Company
The silver market hasn’t done well in recent months as the price of silver remained between $19 and $22. Nonetheless, investors, who believe the silver market is bound to recover in the near future, could consider silver oriented companies. Two…