The gold and silver ended the month with a sharp fall in their prices. As a result the gains of gold and silver were erased on the last day of the month. The recent drop in gold and silver coincided…
Gold and Silver – Daily Outlook for November 5th
Tag: Silver Outlook
Gold and Silver – Daily Outlook for November 1st
The low volatility of gold and silver ended yesterday as both precious metals prices tumbled down. Their recent fall nearly erased all their grains from the past month. Several theories may explain the recent fall including the renewed speculations that…
Gold and Silver – Daily Outlook for October 31st
The FOMC’s meeting ended with no dramas and it was decided to keep the monetary policy unchanged. Gold and silver recovered from their recent slump and slightly rose yesterday. In U.S news, the consumer price index for September inched up…
Gold and Silver – Daily Outlook for October 30th
Gold and silver prices slipped again for the second consecutive time this week. The rally of the USD against the Euro and Japanese yen coincided with the drop of precious metals prices. Yesterday, U.S retail sales report came out: The…
Gold and Silver – Daily Outlook for October 29th
The gold and silver market kicked off the week with a slow start as both precious metals prices slipped yesterday. This rally of the past couple of weeks may have reached a halt. The depreciation of the Euro and Japanese…
Gold and Silver – Daily Outlook for October 25th
Following Wednesday’s fall, gold and silver bounced back and increased on Thursday. In the past month both precious metals have changed direction directions several times but still managed to slightly rise on a monthly scale. Yesterday, U.S jobless claims report…
Gold and Silver – Daily Outlook for October 24th
The rally of gold and silver prices reached a halt as both precious metals fell yesterday after they had rallied during the first two days of the week. Bank of Canada left its policy unchanged and kept the interest rate…
Gold and Silver – Daily Outlook for October 23rd
The gold and silver market continued to heat up and sharply increased yesterday. The recent non-farm payroll report didn’t meet expectations, which resulted in the depreciation of the USD against leading currencies and the recovery of gold and silver prices.…
Gold and Silver – Daily Outlook for October 22nd
The prices of gold and silver resumed their upward trend and rose again during yesterday’s trading. The gold market was very quiet on Monday as the volume of trade in the CME was the lowest since Christmas Day of 2012.…
Gold and Silver Prices Outlook for October 21-25
The prices of gold and silver bounced back and spiked during last week. The U.S government shutdown ended with a short-term solution; the budget talks will continue with a revised deadline of January 15th; the debt ceiling was also pushed…