Weekly Forecast

Gold and Silver Outlook for July 27-31

golden bar

Despite the slow week we had in the financial markets with no big event or news release, the gold market took another hit with a flash crash at the beginning of the week. By the end of the week, gold…

Financial Market Preview for July 27-31

dollar graph

China continues to raise voices of concern over its progress, Greece’s troubles are far from over (the talks over the debt restructuring should start this week) and Iran’s impact on the oil market is still unclear now that a nuclear…

Gold and Silver Outlook for July 20-24

Gold bars on dollars

The Greek drama continues, but for the financial markets the impact of the Greek debt crisis has weakened. Gold and silver prices took a sharp hit to the chin in the past week. Between the recovery of the USD and…

Financial Market Preview for July 20-24

3d blue background with stock diagram

The talks over the Greek debt crisis have started to subside, even though the drama continues. But for now, Grisis averted. The U.S.-Iran deal is also a big headline that also created some waves in the financial markets mainly in…

Gold and Silver Outlook for July 13-17

Gold bullion

The bullion market was also affected by the Greek debt drama as it shook up the financial markets. Despite the recent rise in volatility, the prices of both gold and silver only slightly decline on a weekly scale. Even the…

Financial Market Preview for July 13-17

Eurokrise

The Greek drama continues to dominate the news cycle and isn’t likely to get off the headlines until a bailout deal is struck or a final Greek exit decision is made. So even though the Greek debt crisis will likely…

Gold and Silver Outlook for July 6-10

Gold bars on dollars

The big event of the week will be the aftermath of the Greek referendum  — the results are in: 61%  voted “No” against the bailout terms of the EU.  Besides the Greek Drama, last week the non-farm payroll report was close…

Financial Market Preview for July 6-10

Eurokrise

The recent NFP report wasn’t far off the market estimates as 223K jobs were added back in June, albeit the overall it wasn’t too impressive with lower participation rate and no gain in wages. But for this week the main…

Gold and Silver Outlook for June 29- July 3

golden bar

After a slow movement of gold and silver prices throughout most of the month, their prices took a turn and fell last week on account of the strengthening of the US dollar against the Euro and Yen. The Greeks, much…

Financial Market Preview for June 29- July 3

Eurokrise

It was supposed to be short week that will focus on the latest non-farm payroll report, alas the Greeks will take center stage again as they will have a referendum on the proposed bailout plan set on July 5th. Athens plead…