The recent recovery of the USD provided the climate to bring back down gold and silver. Even the contraction in the US GDP during Q1 didn’t help pull up gold and silver, nor did the fall of long term treasury…
Gold and Silver Outlook for June 1-5
Tag: gold Outlook
Gold and Silver Outlook for May 25-29
The FOMC released the minutes of the last meeting. The news about the minutes was enough to pull up the U.S. dollar against leading currencies and drag along the way gold and silver. The odds of the FOMC raising rates…
Gold and Silver Outlook for May 18 -22
The change in direction of U.S. LT treasury yields along with the devaluation of the USD have pressured back up gold and silver. Is this turn of events suggests bullion prices are on their road to recovery? The minutes of…
Gold and Silver Outlook for May 11-15
The U.S. jobs report showed a gain of 223K jobs, which wasn’t far off market expectations, albeit it was better than the previous report. Alas, the report also showed downward revisions for the previous jobs reports and little change in…
Gold and Silver Outlook for May 4-8
Despite the drop in precious metals prices by the end of the week, gold remained nearly flat and silver was up by 3% on a weekly scale. The recent FOMC meeting seems to have brought down gold and silver, after…
Gold and Silver Outlook for April 27-May 1
The weakness in the U.S. dollar didn’t gold and silver that kept coming down, as they have reached their lowest level this month. Will gold and silver change course again this week? The FOMC could shake things up for bullion…
Gold and Silver Outlook for April 20-24
The bullion market cooled down in the past several days as both gold and silver slightly declined last week. ECB’s rate decision didn’t provide any major headlines, albeit the Euro resumed its rally. The ongoing fall in LT treasuries yields…
Gold and Silver Outlook for April 13-17
Gold and silver started off last week strong only to come back down in the following days. The minutes of the FOMC took the back seat to the aftermath of the disappointing NFP report. The progress of the USD is…
Gold and Silver Outlook for April 6-10
The recent NFP report came short of market expectations with only 126K jobs added in the past month. This report is likely to rekindle the hopes of a “later rather than sooner” rate hike by the FOMC – perhaps by…
Gold and Silver Outlook for March 30- April 3
Even though the oil market has experienced high volatility, this hasn’t translated to sharp movement in precious metals prices. The U.S. GDP report came slightly short and Yellen’s testimony didn’t offer any big headlines, which left the bullion market to…